Quota Exchange

Quota Available on the June Quota Exchange

There are 652 quota units from the Lower Mainland and 800 quota units from the Interior available for purchase on the June quota exchange.

BC Egg will accept offers to buy for the June quota exchange from May 4, 2022 until 4:00 pm on May 31, 2022. The rules pertaining to the exchange can be found in Part VI of the BCEMB Consolidated Order. The complete timeline for the exchange will be as follows:

  • April 6 to May 3, 2022 – accept offers to sell
  • May 4, 2022 – notice of total quota offered for sale posted on the website
  • May 4 to May 31, 2022 – accept offers to buy
  • May 31, 2022 – all offers to buy, including the 10% deposit, must be received by the Board office no later than 4:00 pm
  • June 1, 2022 – run the exchange and post results on the website (see below)
  • July 6, 2022 – quota transfers to occur

The market clearing price for the quota exchange on June 1, 2022 will be $360.00 per unit of Layer Quota. The offer to buy fill rate on the March 2018 Quota Exchange was 85% for the Interior, and 35% with all potential buyers considered. The conditions required for an increase to the market clearing price specified in Part VI of the BC Egg Marketing Board Consolidated Order were not met on this exchange as less than 1.5% of BC Egg Marketing Board’s total allocated quota (45,136) was available for purchase on this exchange. As a result the price per unit on the June 1, 2022 exchange will remain at $360.00.

Please contact Joey Aebig, Manager Operations, via email or call 604.854.4491, or contact Scott Miles, Operations Assistant, via email or at 604.854.4495 if you have any questions or comments regarding the quota exchange.

Part VI of the BCEMB Consolidated Order

Bid to Receive Quota

 

NOTIFICATION OF SUCCESSFUL EXCHANGE – June 1, 2022

Loewen Kruse observed the quota exchange process on June 1, 2022 and issued a letter stating that all provincial quota exchange rules were followed.

NOTIFICATION OF SUCCESSFUL EXCHANGE – March 7, 2018

PWC observed the quota exchange process on March 7, 2018 and issued a letter stating that all provincial quota exchange rules were followed.

NOTIFICATION OF SUCCESSFUL EXCHANGE – December 6, 2017

PWC observed the quota exchange process on December 6, 2017 and issued a letter stating that all provincial quota exchange rules were followed.

NOTIFICATION OF SUCCESSFUL EXCHANGE – September 6, 2017

PWC observed the quota exchange process on September 6, 2017 and issued a letter stating that all provincial quote exchange rules were followed.

NOTIFICATION OF SUCCESSFUL EXCHANGE – March 1, 2017

MNP observed the quota exchange process on March 1, 2017 and issued a letter stating that all provincial quota exchange rules were followed.

NOTIFICATION OF SUCCESSFUL EXCHANGE – DECEMBER 7, 2016

MNP observed the quota exchange process on December 7, 2016 and issued a letter stating that all provincial quota exchange rules were followed.

NOTIFICATION OF SUCCESSFUL EXCHANGE – March 2, 2016

Quota Exchange Review Process

February 2016 – Quota Management Tools Review

Quota Management Tools Review Decision Sheet

Quota Management Tools Survey Summary January 2016