Budget Implementation Act, 2019, No. 1 (S.C. 2019, c. 29)

115 [Amendments]

116 [Amendments]

117 [Amendments]

118 [Amendments]

119 [Amendments]

120 [Amendments]

Consequential Amendments

R.S., c. C-46Criminal Code

121 [Amendments]

2000, c. 24Crimes Against Humanity and War Crimes Act

122 [Amendments]

123 [Amendments]

2000, c. 17; 2001, c. 41, s. 48Proceeds of Crime (Money Laundering) and Terrorist Financing Act

124 [Amendments]

125 [Amendments]

126 [Amendments]

DIVISION 31995, c. 44Employment Equity Act

Amendment to the Act

127 [Amendments]

Coming into Force

Marginal note:Order in council

Footnote ^*128 This Division comes into force on a day to be fixed by order of the Governor in Council.

• Return to footnote ^*[Note: Division 3 in force January 1, 2021, see SI/2020-72.]

DIVISION 4Payments

Climate Action Support

Marginal note:Definitions

• 129 (1) The following definitions apply in this section.

  specified Minister

  specified Minister means a minister specified by the Minister of Finance under subsection (2). (ministre responsable)

  specified period

  specified period means a period specified by the Minister of Finance under subsection (3). (période déterminée)

  specified province

  specified province means a province specified by the Minister of Finance under subsection (3). (province déterminée)

• Marginal note:Authority of Minister of Finance

  (2) The Minister of Finance may specify the ministers who may requisition a payment out of the Consolidated Revenue Fund under subsection (5) in respect of a specified period.

• Marginal note:Authority of Minister of Finance

  (3) For each specified Minister, the Minister of Finance may specify amounts that may be paid out of the Consolidated Revenue Fund under subsection (5) and the province and period in respect of which the amounts are to be paid, subject to any terms and conditions that the Minister of Finance may stipulate.

• Marginal note:Maximum — province and period

  (4) The total of all amounts that may be specified by the Minister of Finance under subsection (3) in respect of a specified province and specified period must not exceed the amount determined by the formula

  A + B

  where

  A

  is the amount determined by the formula

  C − D

  where

  C

  is the estimate of the charges to be levied by Her Majesty in right of Canada under Part 1 of the Greenhouse Gas Pollution Pricing Act in respect of the specified province and the specified period less the estimate of all amounts (other than the amount determined under the description of D) in respect of the charges to be rebated, refunded or remitted under Part 1 of that Act, or under any other Act of Parliament, in respect of the specified province and the specified period, and

  D

  is the estimate of all amounts to be deemed by subsection 122.8(6) of the Income Tax Act to have been paid as a rebate in respect of the specified province and the specified period; and

  B

  is the amount determined by the formula

  [(E – F) – G] – H

  where

  E

  is the estimate of the charges levied, or to be levied, by Her Majesty in right of Canada under Part 1 of the Greenhouse Gas Pollution Pricing Act in respect of the specified province and all previous specified periods less the estimate of all amounts (other than the amount determined under the description of F) in respect of the charges that are, or are to be, rebated, refunded or remitted under Part 1 of that Act, or under any other Act of Parliament, in respect of the specified province and all previous specified periods,

  F

  is the estimate of all amounts deemed, or to be deemed, by subsection 122.8(6) of the Income Tax Act to have been paid as a rebate in respect of the specified province and all previous specified periods,

  G

  is the estimate of all sums paid, or to be paid, out of the Consolidated Revenue Fund under subsection (5) in respect of the specified province and all previous specified periods, and

  H

  is the total of all amounts distributed by the Minister of National Revenue under subsection 165(2) of the Greenhouse Gas Pollution Pricing Act in respect of the specified province and all previous specified periods.

• Marginal note:Payment out of Consolidated Revenue Fund

  (5) There may be paid out of the Consolidated Revenue Fund, on the requisition of a specified Minister, in respect of a specified province and specified period and in accordance with any terms and conditions stipulated by the Minister of Finance under subsection (3), sums not exceeding in the aggregate the amount specified by the Minister of Finance under that subsection in respect of that specified Minister, province and period.

• Marginal note:Deemed rebate — fuel charges

  (6) An amount paid out of the Consolidated Revenue Fund under subsection (5) in respect of a specified province and specified period is deemed, except for the purposes of subsection (4), to have been paid in that period as a rebate in respect of charges levied under Part 1 of the Greenhouse Gas Pollution Pricing Act in respect of that province.

Payment in Relation to Infrastructure

Marginal note:Maximum payment of $2,200,000,000

130 Despite section 161 of the Keeping Canada’s Economy and Jobs Growing Act, as amended by section 233 of the Economic Action Plan 2013 Act, No. 1, there may be paid out of the Consolidated Revenue Fund, on the requisition of the Minister of Infrastructure and Communities or the Minister of Indigenous Services, in accordance with terms and conditions approved by the Treasury Board, in addition to the sum referred to in that section 161, a sum not exceeding $2,200,000,000 to provinces, territories, municipalities, municipal associations, provincial, territorial and municipal entities and First Nations for the purpose of municipal, regional and First Nations infrastructure.

Federation of Canadian Municipalities

Marginal note:Maximum payment of $950,000,000

• 131 (1) There may be paid out of the Consolidated Revenue Fund, on the requisition of the Minister of Natural Resources, in accordance with the terms and conditions provided for in the agreement referred to in subsection (2), a sum not exceeding $950,000,000 to the Federation of Canadian Municipalities for the purpose of providing funding to the Green Municipal Fund.

• Marginal note:Terms and conditions

  (2) The Minister of Natural Resources may, with the approval of the Treasury Board, at any time, including before this section comes into force, enter into an agreement with the Federation of Canadian Municipalities respecting the terms and conditions applicable to the making of the payment referred to in subsection (1) and its use.

• Marginal note:Maximum payment of $60,000,000

  (3) There may be paid out of the Consolidated Revenue Fund, on the requisition of the Minister of Infrastructure and Communities, in accordance with the terms and conditions provided for in the agreement referred to in subsection (4), a sum not exceeding $60,000,000 to the Federation of Canadian Municipalities for the purpose of providing funding to the Asset Management Fund.

• Marginal note:Terms and conditions

  (4) The Minister of Infrastructure and Communities may, with the approval of the Treasury Board, at any time, including before this section comes into force, enter into an agreement with the Federation of Canadian Municipalities respecting the terms and conditions applicable to the making of the payment referred to in subsection (3) and its use.

Shock Trauma Air Rescue Service

Marginal note:Maximum payment of $65,000,000

• 132 (1) There may be paid out of the Consolidated Revenue Fund, on the requisition of the Minister of Public Safety and Emergency Preparedness, in accordance with the terms and conditions provided for in the agreement referred to in subsection (2), a sum not exceeding $65,000,000 to the Shock Trauma Air Rescue Service for the acquisition of new emergency ambulance helicopters.

• Marginal note:Terms and conditions

  (2) The Minister of Public Safety and Emergency Preparedness may, with the approval of the Treasury Board, at any time, including before this section comes into force, enter into an agreement with the Shock Trauma Air Rescue Service respecting the terms and conditions applicable to the making of the payment referred to in subsection (1) and its use.

DIVISION 5Enhancing Retirement Security

R.S., c. B-3; 1992, c. 27, s. 2Bankruptcy and Insolvency Act

133 [Amendments]

134 [Amendments]

135 [Amendments]

R.S., c. C-36Companies’ Creditors Arrangement Act

136 [Amendments]

137 [Amendments]

138 [Amendments]

139 [Amendments]

140 [Amendments]

R.S., c. C-44; 1994, c. 24, s. 1(F)Canada Business Corporations Act

141 [Amendments]

R.S., c. 32 (2nd Supp.)Pension Benefits Standards Act, 1985

145 [Amendments]

146 [Amendments]

148 [Amendments]

Transitional Provisions

149 Section 4.2, paragraph 67(1)(b.3) and subsections 101(1), (2.01), (2.1), (3.1) and (5.1) of the Bankruptcy and Insolvency Act, as enacted by sections 133 to 135, apply only in respect of proceedings that are commenced under that Act on or after the day on which that section, subsection or paragraph, as the case may be, comes into force.

150 Section 11.001, subsections 11.02(1) and 11.2(5) and sections 11.9 and 18.6 of the Companies’ Creditors Arrangement Act, as enacted by sections 136 to 140, apply only in respect of proceedings that are commenced under that Act on or after the day on which that section or subsection, as the case may be, comes into force.

Coordinating Amendments

151 [Amendments]

Coming into Force

Marginal note:Order in council

• Footnote ^*152 (1) Sections 133 to 140 and 142 and subsection 143(1) come into force on a day or days to be fixed by order of the Governor in Council.

• Marginal note:Order in council

  (2) Subsections 143(2) and (3) and section 144 come into force on a day to be fixed by order of the Governor in Council, but that day must not be before the first day on which both section 142 and subsection 143(1) are in force.

• Marginal note:Order in council

  (3) Subsections 145(2) and (3) and section 147 come into force on a day to be fixed by order of the Governor in Council.

  • Return to footnote ^*[Note: Sections 133 to 140 in force November 1, 2019, see SI/2019-90.]