Currency Act

Version of section 17 from 2018-06-21 to 2019-07-01:


Marginal note:Exchange Fund Account continued

  •  (1) The special account in the name of the Minister known as the Exchange Fund Account is continued, and all assets acquired and held by or on behalf of the Minister in the Exchange Fund Account continue to be so held.

  • Marginal note:Purposes of Account

    (2) The purposes of the Exchange Fund Account are

    • (a) to aid in the control and protection of the external value of the monetary unit of Canada; and

    • (b) to provide a source of liquidity for the Government of Canada.

  • R.S., 1985, c. C-52, s. 17
  • 1993, c. 33, s. 1
  • 2005, c. 30, s. 113
  • 2018, c. 12, s. 223
Date modified: