The first Annual General Meeting marking the end of the new Squadron's first year, and the start of its second, was held at the Britannia Yacht Club on the evening of 28th April, 1965. The following officers were elected for the 1965/66 season:
| Commander | James B. Milne, AP |
| Lieut. Commander and Executive Officer |
Ernest E. Criddle, AP |
| Lieut. and Secretary | James D. McMillan |
| Lieut. and Treasurer | Charles J. Marshall, AP |
| First Lieutenant | Omner G. Scott, S |
| First Lieutenant | Allan H. Foy |
| Auditor | Frank S. Eadie |
| Lieut. Peter R. Wilson AP was appointed Training Officer | |
At this meeting the plans were made for the presentation of the Charter in June.
The formation of the new Squadron was approved by CPS National Headquarters in October of 1964. Then there was a breakdown in communications between the Squadron and National Headquarters such that the presentation of the Charter did not take place until 11th June, 1965.
The Charter Night dinner and ceremony on the evening of 11th June at the Britannia Yacht Club was a huge success. More than one hundred members and guests were present. The arrangements were in the hands of Lieut. Peter Wilson and the cooperation of the Yacht Club was 100 percent.
The Charter was presented by Chief Commander W.M. Booth. The other guests were Administrative Vice Commander Howard S. Rees, Commodore Livius Sherwood of the Britannia Yacht Club, Commander L.T. Clue, Ottawa Power Squadron and Lieut. Commander Calvert, Rideau District Training Officer representing the District Commander.
The two Ottawa newspapers gave good coverage to the Charter Night ceremony including photographs.
The cost for the entire evening, that is sherry before dinner, wines with dinner, full course meal, table decorations, etc. came to $3.75 per person!
The first Summer Rendezvous of the Squadron was on Sunday, 8th August at Aylmer Island. Eight yachts with crews and guests participated. The activities included a predicted log race won by Kurt V. Cardinal, AP.
The training program in September opened with sixty one registrations for the Piloting Course. Courses were offered also in Weather and Sailing. In cooperation with the Ottawa Power Squadron, members from Britannia took courses in Advanced Piloting, Seamanship and Junior Navigator.
There is no record of the fees charged for the training courses commencing in September, 1964.
For courses in the 1965/1966 training season the fees were $11.00 for Piloting ($6.00 if the student did not purchase a textbook from the Squadron.), $6.00 for Seamanship, $10.00 for Sailing, $7.00 for Weather, and $5.00 plus the course material purchased by the student at list price for Advanced Piloting.
In comparison, by the 1976/1977 training season the fees had increased to $ 17.00 for the Piloting Course, $ 9.00 for Seamanship and $ 10.00 for Advanced Piloting. These fees included textbooks and the other course material issued to students. They included also $2.00 per student to cover the rent of $ 50.00 per classroom being charged by the School Board. With these tuition fees the Squadron had a small surplus from the training program.
Twenty years later, in September, 1986, the tuition fees for these Squadron courses were $65.00 for Boating, (Piloting), $65.00 for Seamanship Sail, $55.00 for Seamanship Power and $70.00 for Advanced Piloting.
Rather than institute a Squadron Newsletter the Executive accepted the offer of the Britannia Yacht Club to report Squadron news in their Full and By. This was a temporary arrangement until such time as the membership of the Squadron extended beyond members of the Britannia Yacht Club.
Year 3 – 1966 / 1967
Year 1 - 1964 / 1965