Bill C-50
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TABLE OF PROVISIONS
AN ACT TO IMPLEMENT CERTAIN PROVISIONS OF THE BUDGET TABLED IN PARLIAMENT ON FEBRUARY 26, 2008 AND TO ENACT PROVISIONS TO PRESERVE THE FISCAL PLAN SET OUT IN THAT BUDGET
Preamble
SHORT TITLE
1. Budget Implementation Act, 2008
PART 1
AMENDMENTS RELATED TO INCOME TAX
Income Tax Act
2-37. Amendments
Canada Pension Plan
38. Amendments
Employment Insurance Act
39. Amendments
Coordinating Amendments
40-44. Bill C-10
Conditional Amendments
45-48. Bill C-253
PART 2
AMENDMENTS IN RESPECT OF EXCISE DUTY ON TOBACCO PRODUCTS AND ALCOHOL
Excise Act
49. Amendment
Excise Act, 2001
Amendments to the Act
50-68. Amendments
Application
69. Application
Related Amendments
70-71. Customs Tariff
PART 3
AMENDMENTS IN RESPECT OF THE GOODS AND SERVICES TAX AND HARMONIZED SALES TAX (GST/HST)
Excise Tax Act
72-93. Amendments
PART 4
CANADA MILLENNIUM SCHOLARSHIP FOUNDATION
Dissolution of the Foundation
94. Liquidation
Amendments to the Budget Implementation Act, 1998
95-97. Amendments
Consequential Amendments
98. Access to Information Act
99. Privacy Act
Coming Into Force
100. January 5, 2010, or earlier
PART 5
FEDERAL FINANCIAL ASSISTANCE FOR STUDENTS
Amendments to the Canada Student Financial Assistance Act
101-110. Amendments
Amendments to the Canada Student Loans Act
111-114. Amendments
Coming into Force
115. Order in council
PART 6
IMMIGRATION AND REFUGEE PROTECTION ACT
Amendments to the Act
116-119. Amendments
Transitional Provision
120. Application
PART 7
EMPLOYMENT INSURANCE
Canada Employment Insurance Financing Board Act
121. Enactment of Act
AN ACT TO ESTABLISH THE CANADA EMPLOYMENT INSURANCE FINANCING BOARD
SHORT TITLE
1. Canada Employment Insurance Financing Board Act
INTERPRETATION
2. Definitions
ESTABLISHMENT OF THE BOARD
3. Board established
OBJECTS, POWERS AND DUTIES
4. Objects
5. Powers of Board
MANAGEMENT
Board of Directors
6. Board of directors
7. Specific duties
8. Power to delegate
Directors
9. Appointment of directors
10. Nominating committee
Chairperson of the Board of Directors
11. Designation
Officers
12. Directors not officers
Chief Executive Officer
13. Designation
Chief Actuary
14. Appointment
Diligence
15. Obligation
BY-LAWS
16. Statutory Instruments Act does not apply
COMMITTEES
Establishment
17. Committees
Audit Committee
18. Duties
19. Meeting of audit committee
20. Auditor’s right to attend meetings
Investment Committee
21. Duties
Human Resources Committee
22. Duties
INVESTMENTS
23. Investment policies, standards and procedures
24. Duty of investment managers
FINANCIAL MANAGEMENT
General
25. Financial year
26. Deposits and deposit receipts
Financial Statements
27. Books and systems
Auditor’s Report
28. Annual auditor’s report
Qualified Privilege
29. Qualified privilege
Special Examination
30. Special examination
31. Report
32. Examiner
REPORTING
Quarterly Statements
33. Statements to Minister
Annual Report
34. Annual report required
Premium Rate Setting Report
35. Report
REGULATIONS
36. Governor in Council
Transitional Provisions
122. Application
123. Application
Amendments to the Employment Insurance Act
124-131. Amendments
Consequential Amendments
132-133. Department of Human Resources and Skills Development Act
134. Financial Administration Act
Coming into Force
135. Order in council
PART 8
PAYMENTS TO PROVINCES AND TERRITORIES
Police Officers Recruitment Fund
136. Maximum payment of $400,000,000
Public Transit Capital Trust 2008
137. Maximum payment of $500,000,000
Payment to Saskatchewan for Carbon Capture and Storage
138. Maximum payment of $240,000,000
Payment to Nova Scotia for Carbon Storage
139. Maximum payment of $5,000,000
Canada Social Transfer Transition Protection Payment to Saskatchewan
140. Payment of $31,204,000
Canada Social Transfer Transition Protection Payment to Nunavut
141. Payment of $705,000
PART 9
PAYMENTS TO CERTAIN ENTITIES
Genome Canada
142. Maximum payment of $140,000,000
Mental Health Commission of Canada
143. Maximum payment of $110,000,000
The Gairdner Foundation
144. Maximum payment of $20,000,000
University of Calgary
145. Maximum payment of $5,000,000
PART 10
VARIOUS AMENDMENTS
146-147. Bank of Canada Act
148. Budget Implementation Act, 2006
149-150. Canadian Forces Superannuation Act
151. Cooperative Credit Associations Act
152. Donkin Coal Block Development Opportunity Act
153. Financial Administration Act
154. Insurance Companies Act
155. Interest Act
156. Old Age Security Act
157-160. Public Service Superannuation act
161-162. Royal Canadian Mounted Police Superannuation Act
163. Trust and Loan Companies Act
Coming into Force
164. Order in council