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Bill C-81

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SUMMARY

This enactment amends An Act respecting the Buffalo and Fort Erie Public Bridge Company.

The principal amendments are as follows:

      - the limit on the borrowing power of the bridge authority is increased from fifteen million dollars to one hundred million dollars;

      - authority is granted to the Governor in Council, on the recommendation of the Minister of Transport and with the concurrence of the Minister of Finance, to increase the borrowing limit; and

      - the administrative responsibility for the Act is transferred from the Minister of Finance to the Minister of Transport.