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Canada Development Investment Corporation Registered Office Relocation Order (SOR/90-706)

Regulations are current to 2024-03-06

Canada Development Investment Corporation Registered Office Relocation Order

SOR/90-706

FINANCIAL ADMINISTRATION ACT

Registration 1990-10-11

Order Authorizing Canada Development Investment Corporation to Apply for Articles of Amendment to Relocate its Registered Office

P.C. 1990-2217  1990-10-11

Whereas Canada Development Investment Corporation is a parent Crown corporation, incorporated under the Canada Business Corporations Act, and subject to Part X of the Financial Administration Act;

Whereas subsection 91(4) of the Financial Administration Act requires that an application for articles in respect of a parent Crown corporation be authorized by order of the Governor in Council;

Whereas the proposed application for articles of amendment in respect of Canada Development Investment Corporation does not add to or otherwise make a material change in the objects or purposes for which Canada Development Investment Corporation is incorporated or the restrictions on the businesses or activities that Canada Development Investment Corporation may carry on, as set out in its articles;

And Whereas, pursuant to subsection 91(6) of the Financial Administration Act, the Governor in Council is satisfied that Canada Development Investment Corporation is otherwise empowered to apply for the proposed articles of amendment pursuant to section 173 of the Canada Business Corporations Act;

Therefore, His Excellency the Governor General in Council, on the recommendation of the Minister of State (Privatization and Regulatory Affairs), pursuant to subsection 91(4) of the Financial Administration Act, is pleased hereby to make the following Order authorizing Canada Development Investment Corporation to apply for articles of amendment to relocate its registered office.

Short Title

 This order may be cited as the Canada Development Investment Corporation Registered Office Relocation Order.

Authorized Transaction

 Canada Development Investment Corporation is hereby authorized to apply for articles of amendment in order to relocate its registered office from Vancouver, British Columbia, to Toronto, Ontario.

 

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