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Budget Implementation Act, 2008 (S.C. 2008, c. 28)

Act current to 2024-05-28 and last amended on 2023-01-01. Previous Versions

PART 7Employment Insurance (continued)

Consequential Amendments

Department of Human Resources and Skills Development Act

 [Amendments]

 [Amendment]

Financial Administration Act

 [Amendment]

Coming into Force

Marginal note:Order in council

Footnote * The provisions of this Part or those of the Canada Employment Insurance Financing Board Act, as enacted by section 121, come into force on a day or days to be fixed by order of the Governor in Council.

  • Return to footnote *[Note : Act, other than paragraph 4(a), as enacted by section 121 and sections 123 and 134 in force June 20, 2008, see SI/2008-76; sections 125 and 129 in force January 1, 2010, see SI/2009-116; paragraph 4(a), as enacted by section 121 and sections 122, 124, 126 to 128, 130, 132 and 133 in force September 23, 2010, see SI/2010-74.]

PART 8Payments to Provinces and Territories

Police Officers Recruitment Fund

Marginal note:Maximum payment of $400,000,000

  •  (1) The Minister of Finance may make direct payments, in an aggregate amount not exceeding four hundred million dollars, to a trust established to provide provinces and territories with funding to support the recruitment of 2,500 new front-line police officers over the next five years.

  • Marginal note:Provincial or territorial share

    (2) The amount that may be provided to a province or territory under this section is to be determined in accordance with the terms of the trust indenture establishing the trust.

  • Marginal note:Payments out of C.R.F.

    (3) Any amount payable under this section may be paid out of the Consolidated Revenue Fund, on the requisition of the Minister of Finance, at the times and in the manner that the Minister of Finance considers appropriate.

Public Transit Capital Trust 2008

Marginal note:Maximum payment of $500,000,000

  •  (1) The Minister of Finance may make direct payments, in an aggregate amount not exceeding five hundred million dollars, to a trust established to support capital investment in public transit infrastructure in the provinces and territories.

  • Marginal note:Beneficiaries’ share

    (2) The beneficiaries of the trust and the amount that may be provided to each beneficiary under this section are to be determined in accordance with the terms of the trust indenture establishing the trust.

  • Marginal note:Payments out of C.R.F.

    (3) Any amount payable under this section may be paid out of the Consolidated Revenue Fund, on the requisition of the Minister of Finance, at the times and in the manner that the Minister of Finance considers appropriate.

Payment to Saskatchewan for Carbon Capture and Storage

Marginal note:Maximum payment of $240,000,000

  •  (1) The Minister of Finance may make direct payments, in an aggregate amount not exceeding two hundred and forty million dollars, to a trust established to provide Saskatchewan with funding to support a full scale commercial demonstration of carbon capture and storage in the coal-fired electricity sector.

  • Marginal note:Determination of amount

    (2) The amount that may be provided to Saskatchewan under this section is to be determined in accordance with the terms of the trust indenture establishing the trust.

  • Marginal note:Payments out of C.R.F.

    (3) Any amount payable under this section may be paid out of the Consolidated Revenue Fund, on the requisition of the Minister of Finance, at the times and in the manner that the Minister of Finance considers appropriate.

Payment to Nova Scotia for Carbon Storage

Marginal note:Maximum payment of $5,000,000

 There may be paid out of the Consolidated Revenue Fund, on the requisition of the Minister of Finance, a sum not exceeding five million dollars to Nova Scotia to support geological research examining the potential for carbon storage in the province.

Canada Social Transfer Transition Protection Payment to Saskatchewan

Marginal note:Payment of $31,204,000

 There may be paid out of the Consolidated Revenue Fund, on the requisition of the Minister of Finance, the sum of thirty-one million, two hundred and four thousand dollars to Saskatchewan.

Canada Social Transfer Transition Protection Payment to Nunavut

Marginal note:Payment of $705,000

 There may be paid out of the Consolidated Revenue Fund, on the requisition of the Minister of Finance, the sum of seven hundred and five thousand dollars to Nunavut.

PART 9Payments to Certain Entities

Genome Canada

Marginal note:Maximum payment of $140,000,000

 There may be paid out of the Consolidated Revenue Fund, on the requisition of the Minister of Industry, a sum not exceeding one hundred and forty million dollars to Genome Canada for its use.

Mental Health Commission of Canada

Marginal note:Maximum payment of $110,000,000

  •  (1) There may be paid out of the Consolidated Revenue Fund, on the requisition of the Minister of Health, a sum not exceeding one hundred and ten million dollars to the Mental Health Commission of Canada for its use.

  • Marginal note:Terms and conditions

    (2) The Minister of Health may, before or after this section comes into force, enter into an agreement with the Mental Health Commission of Canada respecting the terms and conditions applicable to the making of the payment and its use.

The Gairdner Foundation

Marginal note:Maximum payment of $20,000,000

  •  (1) There may be paid out of the Consolidated Revenue Fund, on the requisition of the Minister of Health, a sum not exceeding twenty million dollars to The Gairdner Foundation for its use.

  • Marginal note:Terms and conditions

    (2) The Minister of Health may, before or after this section comes into force, enter into an agreement with The Gairdner Foundation respecting the terms and conditions applicable to the making of the payment and its use.

University of Calgary

Marginal note:Maximum payment of $5,000,000

  •  (1) There may be paid out of the Consolidated Revenue Fund, on the requisition of the Minister of Natural Resources, a sum not exceeding five million dollars to the University of Calgary for the purpose of examining regulatory, economic and technological barriers in order to accelerate the deployment of carbon capture and storage technologies.

  • Marginal note:Terms and conditions

    (2) The Minister of Natural Resources may, before or after this section comes into force, enter into an agreement with the University of Calgary respecting the terms and conditions applicable to the making of the payment and its use.

PART 10Various Amendments

Bank of Canada Act

 [Amendments]

 [Amendment]

Budget Implementation Act, 2006

 [Amendment]

Canadian Forces Superannuation Act

 [Amendment]

 [Repealed before coming into force, 2008, c. 20, s. 3]

Cooperative Credit Associations Act

 [Amendment]

Donkin Coal Block Development Opportunity Act

 [Amendment]

Financial Administration Act

 [Amendment]

Insurance Companies Act

 [Amendment]

Interest Act

 [Amendment]

Old Age Security Act

 [Amendment]

Public Service Superannuation act

 [Amendment]

 [Amendment]

 [Amendment]

 [Repealed before coming into force, 2008, c. 20, s. 3]

Royal Canadian Mounted Police Superannuation Act

 [Amendment]

 [Repealed before coming into force, 2008, c. 20, s. 3]

Trust and Loan Companies Act

 [Amendment]

Coming into Force

Marginal note:Order in council

  • Footnote * (1) Subject to subsection (2), the provisions of this Part, other than sections 148, 149, 151 to 155, 157 to 159, 161 and 163, come into force on a day or days to be fixed by order of the Governor in Council.

    • Return to footnote *[Note: Sections 148, 149, 151 to 155, 157 to 159, 161 and 163 in force on assent June 18, 2008; sections 146 and 147 in force August 5, 2008, see SI/2008-84; section 160 repealed before coming into force, see 2008, c. 20, s. 3; sections 150 and 162 repealed before coming into force, see 2008, c. 20, s. 3.]

  • Marginal note:Deemed coming into force

    (2) Section 156 comes into force or is deemed to have come into force on July 1, 2008.

 

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