Notice - Draft Principles and Process

June 23, 2006

NOTICE – ISSUANCE OF COMMENTS AND DRAFT

To: Market Participants

Re: Stakeholder Engagement – Principles and Process

As per our notice of June 12, 2006 the MSA is issuing a

DRAFT

for Stakeholder comment that covers the following issues:

1.    Definition of explicit Principles for Stakeholder Engagement;

2.    Definition of a proposed Project Stage Framework; and

3.    Definition of a specific Process for Developing MSA Guidelines.

The appendix to this notice summarizes the Stakeholder comments received, the reasons for accepting or rejecting the comments, the resulting amendments to the Strawdog (where appropriate) and reference to where those amendments appear in the ‘Draft’ document.

APPENDIX

The Project Schedule remains unchanged from our notice dated June 12, 2006.  We are now entering the ‘DEBATE’ phase.  Stakeholder comment on the ‘Draft’, as part of the DEBATE phase, should be submitted by July 14, 2006.  In keeping with the Draft Principles for Stakeholder Engagement, we require Stakeholder input to be submitted in writing, preferably in electronic form, to matt.ayres@albertamsa.ca. Input received will be posted publicly on the MSA website to encourage open debate.

Project Schedule

The next formal communication from the MSA in respect of this project is planned to be after the conclusion of the ‘DEBATE’ Stage, when we will publish the Stakeholder feedback received on the Draft version of the Principles, Framework and Guideline Development Process.  At that time the MSA will decide if further Stakeholder consultation is warranted or whether to prepare and post to its website a final version of the Principles for Stakeholder Engagement and a Common Framework, for MSA Public Projects.

We welcome and appreciate your involvement in these matters.

Yours truly,

“Original signed”

W.W. (Wayne) Silk
Vice-President, Chief Operating Officer
Market Surveillance Administrator