An Act to implement certain provisions of the budget tabled in Parliament on March 23, 2004 (S.C. 2004, c. 22)
Full Document:
Assented to 2004-05-14
Appropriations for Grants
Canada Foundation for Sustainable Development Technology
Marginal note:$200,000,000 granted
10. From and out of the Consolidated Revenue Fund there may, on the requisition of the Minister of the Environment and the Minister of Natural Resources, be paid and applied a sum not exceeding two hundred million dollars for payment to the Canada Foundation for Sustainable Development Technology for its use.
Canada Health Infoway Inc.
Marginal note:$100,000,000 granted
11. From and out of the Consolidated Revenue Fund there may, on the requisition of the Minister of Health, be paid and applied a sum not exceeding one hundred million dollars for payment to the Canada Health Infoway Inc. for its use.
Amendments to the Canada Foundation for Sustainable Development Technology Act
Marginal note:2001, c. 23
12. The definition “eligible project” in section 2 of the Canada Foundation for Sustainable Development Technology Act is replaced by the following:
“eligible project”
« travaux admissibles »
“eligible project” means a project carried on, or to be carried on, primarily in Canada by an eligible recipient to develop and demonstrate new technologies to promote sustainable development, including technologies to address issues related to climate change and the quality of air, water and soil.
13. Subparagraph 11(a)(i) of the Act is replaced by the following:
(i) persons engaged in the development and demonstration of technologies to promote sustainable development, including technologies to address issues related to climate change and the quality of air, water and soil,
14. Subparagraph 15(a)(i) of the Act is replaced by the following:
(i) persons engaged in the development and demonstration of technologies to promote sustainable development, including technologies to address issues related to climate change and the quality of air, water and soil,
PART 4
AMENDMENTS TO THE CANADA PENSION PLAN
Marginal note:R.S., c. C8
Canada Pension Plan
15. Section 9 of the Canada Pension Plan is renumbered as subsection 9(1) and is amended by adding the following:
Marginal note:Succession of employers
(2) If, in a year after 2003, one employer immediately succeeds another as the employer of an employee as a result of the formation or dissolution of a corporation or the acquisition — with the agreement of the former employer or by operation of law — of all or part of a business of the former employer, the successor employer may, for the application of subsections (1) and 8(1) and section 21, take into account the amounts paid, deducted, remitted or contributed under this Act by the former employer in respect of the year in relation to the employment of the employee as if they had been paid, deducted, remitted or contributed by the successor employer. If the employer takes those amounts into account with respect to the employer's contributions, the employer shall also take them into account with respect to the employee's contributions.
Marginal note:Selfemployment succeeded by employment
(3) For the application of subsections (1) and 8(1) and section 21, if a person, in a year after 2003, is selfemployed, ceases to be selfemployed and becomes an employee of a corporation controlled by the person, the corporation may
(a) take into account the amount of contributory selfemployed earnings of the person in the year as contributory salary and wages paid by the corporation to the employee in that year; and
(b) take into account one half of the contributions by the person in respect of selfemployed earnings in the year as an amount deducted, remitted or contributed in relation to employee's contributions for that year, and one half of that amount as an amount remitted or contributed in relation to employer's contributions for that year.
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