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FINANCIAL_SERVICESRECOMMENDED

Durham Recommends $113.54 Million Debenture Issuance

The Finance & Administration Committee recommended authorizing external debenture issuance totaling up to $113.54 million for Ajax, Oshawa, and Durham Region through CDS Clearing and Depository Services Inc.'s Book Entry Only system. The proposed debentures would have terms ranging from various durations up to 15, 30, or 25 years, depending on the issuing municipality.

Document date · June 9, 2026

Issuing agencyRegional Municipality of DurhamVendorCds Clearing & Depository Services Inc

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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
Aggregate external debenture principal amounts not to exceed $5,041,900 for the Town of Ajax, $20,000,000 for the City of Oshawa, and $88,500,000 for the Regional Municipality of Durham; total not to exceed $113,541,900
Contract type
FINANCIAL_SERVICES
Contract term
Various terms not exceeding 15 years for Ajax, 30 years for Oshawa, and 25 years for the Region
Document type
Minutes
Source document
The Regional Municipality of Durham Minutes Finance & Administration Committee Meeting June 9, 2026

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Regional Municipality of Durham?

Cds Clearing & Depository Services Inc was awarded this financial services contract by Regional Municipality of Durham, as recorded on June 9, 2026. The contract value is Aggregate external debenture principal amounts not to exceed $5,041,900 for the Town of Ajax, $20,000,000 for the City of Oshawa, and $88,500,000 for the Regional Municipality of Durham; total not to exceed $113,541,900.

How much is the Cds Clearing & Depository Services Inc contract with Regional Municipality of Durham worth?

The Cds Clearing & Depository Services Inc contract with Regional Municipality of Durham is valued at Aggregate external debenture principal amounts not to exceed $5,041,900 for the Town of Ajax, $20,000,000 for the City of Oshawa, and $88,500,000 for the Regional Municipality of Durham; total not to exceed $113,541,900, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in The Regional Municipality of Durham Minutes Finance & Administration Committee Meeting June 9, 2026 (Minutes), dated June 9, 2026 from Regional Municipality of Durham. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Cds Clearing & Depository Services Inc hold?

Cds Clearing & Depository Services Inc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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