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Budget Implementation Act, 2009 (S.C. 2009, c. 2)

Act current to 2024-03-06 and last amended on 2024-01-01. Previous Versions

PART 3Amendments to the Customs Tariff (continued)

Customs Tariff (continued)

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Coming into Force

Marginal note:September 8, 2008

  •  (1) Sections 123 to 127 and subsection 220(1) are deemed to have come into force on September 8, 2008.

  • Marginal note:January 28, 2009

    (2) Sections 122 and 128 to 219 and subsection 220(2) are deemed to have come into force on January 28, 2009.

PART 4Employment Insurance

Employment Insurance Act

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Claimants Not in Canada

Marginal note:Subsection 55(7)

 The maximum number of weeks for which benefits may be paid to a claimant referred to in subsection 55(7) of the Employment Insurance Regulations whose benefit period has not ended before the second Sunday before the day on which this Act receives royal assent and does not begin after September 11, 2010 is to be determined in accordance with Schedule 10.

Pilot Project Relating To Extended Benefits

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Premium Rates Provided for Under the Employment Insurance Act

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Transitional Provision

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Coordinating Amendments

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Coming into Force

Marginal note:Retroactive effect

  •  (1) Subsection 224(1) is deemed to have come into force on the second Sunday before the day on which this Act receives royal assent.

  • Marginal note:September 12, 2010

    (2) Subsection 224(2) comes into force on September 12, 2010.

PART 5Stability and Efficiency of the Financial System

DIVISION 1Financial Administration Act

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DIVISION 2Canada Deposit Insurance Corporation Act

Amendments to the Act

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Consequential Amendments

Access to Information Act

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Canadian Payments Act

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Financial Administration Act

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Winding-up and Restructuring Act

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Coming into Force

Marginal note:Order in council

  • Footnote * (1) The provisions of this Division, except for sections 235 and 254 and subsection 257(1), come into force on a day or days to be fixed by order of the Governor in Council.

    • Return to footnote *[Note: Section 235 and subsection 257(1) in force on assent March 12, 2009; sections 233, 234, 236 to 244, subsections 245(1) to (6), sections 246 to 253, 255 and 256, subsection 257(2) and section 258 in force on July 1, 2009, see SI/2009-57; subsection 245(7) in force November 1, 2010, see SI/2010-80.]

  • Marginal note:Retroactivity

    (2) Section 254 is deemed to have come into force on January 27, 2009.

DIVISION 3Export Development Act

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DIVISION 4Business Development Bank of Canada Act

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DIVISION 5Canada Small Business Financing Act

Amendments to the Act

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Coming into Force

Marginal note:Coming into force

 This Division comes into force on April 1, 2009 or, if it is later, on the day on which this Act receives royal assent.

DIVISION 6Legislation Governing Financial Institutions

Bank Act

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Cooperative Credit Associations Act

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Financial Consumer Agency of Canada Act

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Green Shield Canada Act

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Insurance Companies Act

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Trust and Loan Companies Act

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Coordinating Amendment

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Coming into Force

Marginal note:Order in council

Footnote * Sections 270, 273, 277, 280, 283, 285, and 290 come into force on a day or days to be fixed by order of the Governor in Council.

  • Return to footnote *[Note: Sections 270, 273, 277, 280, 283, 285 and 290 in force July 1, 2010, see SI/2010-31.]

DIVISION 7Securities

Securities Regulation

Marginal note:Maximum payment

  •  (1) The Minister of Finance may make direct payments, in an aggregate amount not exceeding $328,000,000 or any other amount that may be specified in an appropriation Act, to provinces and territories for matters relating to the establishment of a Canadian securities regulation regime and a Canadian regulatory authority.

  • Marginal note:Payments out of C.R.F.

    (2) Any amount payable under this section may be paid out of the Consolidated Revenue Fund, on the requisition of the Minister of Finance, at the times and in the manner, and on any terms and conditions, that the Minister of Finance considers appropriate.

  • 2009, c. 2, s. 295
  • 2014, c. 20, s. 313, c. 33, Sch. 1 (FIN) vote 8b

Marginal note:Agreements

 The Minister of Finance may enter into any agreement respecting securities regulation with any province or territory.

Canadian Securities Regulation Regime Transition Office Act

Marginal note:Enactment of Act

 The Canadian Securities Regulation Regime Transition Office Act is enacted as follows:

[See Canadian Securities Regulation Regime Transition Office Act]

Transitional Provision

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Coming into Force

Marginal note:Order in council

Footnote * Section 297 comes into force on a day to be fixed by order of the Governor in Council.

PART 6Payments

Infrastructure Stimulus Fund

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

 There may be paid out of the Consolidated Revenue Fund, on the requisition of the Minister of Transport, in accordance with terms and conditions approved by the Treasury Board, a sum not exceeding two billion dollars to provide funding for infrastructure projects primarily related to infrastructure rehabilitation.

Provincial-Territorial Infrastructure Base Funding Program

Marginal note:Maximum payment of $495,000,000

 There may be paid out of the Consolidated Revenue Fund, on the requisition of the Minister of Transport, in accordance with terms and conditions approved by the Treasury Board, a sum not exceeding four hundred and ninety-five million dollars to provide payments to provinces and territories under the Provincial-Territorial Infrastructure Base Funding Program for infrastructure projects.

Communities Component of the Building Canada Fund

Marginal note:Maximum payment of $250,000,000

 There may be paid out of the Consolidated Revenue Fund, on the requisition of the Minister of Transport, in accordance with terms and conditions approved by the Treasury Board, a sum not exceeding two hundred and fifty million dollars to provide funding for infrastructure projects in communities that have a population of less than 100,000.

Green Infrastructure Fund

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

 There may be paid out of the Consolidated Revenue Fund, on the requisition of the Minister of Transport, in accordance with terms and conditions approved by the Treasury Board, a sum not exceeding two hundred million dollars to support infrastructure projects that promote a clean environment.

 

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