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Financial System Review Act (S.C. 2012, c. 5)

Assented to 2012-03-29

Marginal note:2001, c. 9, s. 199; 2007, c. 6, s. 397

184. Section 29 of the Act is replaced by the following:

Marginal note:Weekly financial information

  • 29. (1) The Bank shall, as soon as practicable after the last business day of each week, post on its website financial information about its assets and liabilities.

  • Marginal note:Monthly balance sheet

    (2) The Bank shall, as soon as practicable after the last business day of each month, post on its website its balance sheet as at the close of business on that day. The balance sheet shall set out information regarding the Bank’s investments in securities issued or guaranteed by the Government of Canada.

Marginal note:R.S., c. C-3

Canada Deposit Insurance Corporation Act

Marginal note:R.S., c. 18 (3rd Supp.), s. 47(2)

  • 185. (1) The definition “receiver” in section 2 of the English version of the Canada Deposit Insurance Corporation Act is replaced by the following:

    “receiver”

    « séquestre »

    “receiver” includes a receiver-manager and a sequestrator;

  • (2) Section 2 of the Act is amended by adding the following in alphabetical order:

    “returned payment”

    « paiement retourné »

    “returned payment” means any portion of a payment made by the Corporation under subsection 14(2) or (2.1) that is either returned to the Corporation or that otherwise remains under its control;

Marginal note:2009, c. 2, s. 236(2)

  • 186. (1) The description of A in subsection 10.1(3.1) of the Act is replaced by the following:

    A 
    is $15,000,000,000; and
  • Marginal note:2009, c. 2, s. 236(2)

    (2) The description of D in subsection 10.1(3.2) of the Act is replaced by the following:

    D 
    is the total amount of deposits insured by the Corporation on April 30, 2008.
  • Marginal note:2009, c. 2, s 236(2)

    (3) Subsection 10.1(3.4) of the Act is replaced by the following:

    • Marginal note:No change

      (3.4) The amount that the total principal indebtedness outstanding at any time in respect of borrowings under subsections (1) and (2) shall not exceed does not change if the amount determined under subsection (3.1) for the current year is less than the amount published under subsection (3.6) for the previous year.