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Bill C-41

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RECOMMENDATION

Her Excellency the Governor General recommends to the House of Commons the appropriation of public revenue under the circumstances, in the manner and for the purposes set out in a measure entitled ``An Act to amend the Canadian Commercial Corporation Act''.

SUMMARY

This enactment amends the Canadian Commercial Corporation Act by

    (a) separating the functions of chairperson of the Board and chief executive officer, and describing the roles and responsibilities of the Chairperson and President of the Corporation;

    (b) authorizing additional borrowing; and

    (c) permitting the Corporation to charge an amount that it considers appropriate for providing services.