Jobs and Economic Growth Act (S.C. 2010, c. 12)

Assented to 2010-07-12

Marginal note:2003, c. 22, par. 224(p)(E)
  •  (1) The portion of subsection 8(1) of the Act before paragraph (a) is replaced by the following:

    Marginal note:Ineligibility
    • 8. (1) No person shall be appointed or continue as President or as a director from outside the federal public administration if that person

  • Marginal note:2003, c. 22, par. 224(p)(E)

    (2) Subsection 8(2) of the Act is replaced by the following:

    • Marginal note:Shareholder in lending institution

      (2) A person appointed as President or as a director from outside the federal public administration who is a shareholder of a lending institution shall divest themselves of ownership of their shares of the lending institution within three months after the date of their appointment and afterwards shall not during their term of office have an interest or right either directly or indirectly as a shareholder in a lending institution.

  • Marginal note:2003, c. 22, par. 224(p)(E)

    (3) Subsection 8(3) of the English version of the Act is replaced by the following:

    • Marginal note:Failure to comply

      (3) A person appointed as President or as a director from outside the federal public administration who fails to comply with subsection (2) ceases to hold office.

Coming into Force

Marginal note:Order in council

 Sections 1665 and 1666 come into force on a day to be fixed by order of the Governor in Council.

R.S., c. C-8Canada Pension Plan

Amendments to the Act

Marginal note:R.S., c. 30 (2nd Supp.), s. 45(1)

 The portion of subsection 82(3) of the Canada Pension Plan before paragraph (a) is replaced by the following:

  • Marginal note:Panel

    (3) The Governor in Council shall appoint a panel of between 100 and 360 persons resident in Canada, in such a way that, at any given time,

Marginal note:2002, c. 8, s. 121(1)

 Paragraph 83(5)(b) of the Act is replaced by the following:

  • (b) not less than one and not more than eight other persons, each of whom shall be a judge of the Federal Court of Appeal, the Federal Court or a superior court of a province.

Coming into Force

Marginal note:Order in council

 Sections 1668 and 1669 come into force on a day to be fixed by order of the Governor in Council.