Business Development Bank of Canada Act (S.C. 1995, c. 28)

Marginal note:Continuation of Federal Business Development Bank

• 3 (1) The Federal Business Development Bank established by the Federal Business Development Bank Act is continued as a body corporate under the name “Business Development Bank of Canada”.

• Marginal note:Head office

  (2) The head office of the Bank must be at a place in Canada that the Governor in Council may designate.

• Marginal note:Capacity

  (3) The Bank has, in respect of its powers, all the rights, powers, privileges and capacity of a natural person.

• Marginal note:Agent of the Crown

  (4) The Bank is for all purposes an agent of the Crown.