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  1. Order Designating the Minister for International Trade (1) as the Designated Minister for the purposes of the Business Development Bank of Canada Act; and (2) as the appropriate Minister with respect to the Business Development Bank of Canada for the purposes of the Financial Administration Act - SI/2019-129

    Her Excellency the Governor General in Council, on the recommendation of the Prime Minister, pursuant to the definition Designated Minister in section 2 of the Business Development Bank of Canada ActFootnote a, and pursuant to paragraph (d) of the definition appropriate Minister in section 2 of the Financial Administration ActFootnote b and subparagraph (a)(ii) of the definition appropriate Minister in subsection 83(1) of the Financial Administration ActFootnote b,

    • [...]

    • (b) designates the Minister for International Trade, a member of the Queen’s Privy Council for Canada, as the Designated Minister for the purposes of the Business Development Bank of Canada ActFootnote a; and

    • (c) designates the Minister for International Trade, a member of the Queen’s Privy Council for Canada, as the appropriate Minister with respect to the Business Development Bank of Canada for the purposes of the Financial Administration ActFootnote b.

    [...]


  2. Bank of Canada Act - R.S.C., 1985, c. B-2 (Section 23)

     The Bank shall not, except as authorized by this Act,

    • (a) engage or have a direct interest in any trade or business whatever;

    [...]



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