GreatNorthCollective/greatnorth-canada-federal-laws-text huggingface dataset:
Business Development Bank of Canada Act — B-9.9 42
Continuation of Federal Business Development Bank 42 (1) The Bank continues for all purposes the existence of the Federal Business Development Bank established by the Federal Business Development Bank Act . Rights preserved (2) Without limiting the generality of subsection (1), (a) the property of the Federal Business Development Bank continues to be the property of the Bank; (b) the Bank continues to be liable for the obligations of the Federal Business Development Bank; (c) an existing cause of action, claim or liability to prosecution relating to the Federal Business Development Bank is unaffected; (d) a civil, criminal or administrative action or proceeding pending by or against the Federal Business Development Bank may be continued to be prosecuted by or against the Bank; and (e) a conviction against, or ruling, order or judgment in favour of or against, the Federal Business Development Bank may be enforced by or against the Bank.
Business Development Bank of Canada Act — B-9.9 43
Capital vests in Bank 43 (1) The capital paid in by Canada with respect to the Federal Business Development Bank as of the coming into force of this Act is vested in the Bank as its paid-in capital and is converted into common shares of the Bank on the basis of one fully paid common share for each $100 of paid-in capital. Definition of capital (2) The capital vested in the Bank by subsection (1) includes (a) amounts referred to in paragraph 28(1)(a) of the Federal Business Development Bank Act ; (b) amounts paid in under subsection 28(1) of that Act; and (c) amounts paid in as capital by Parliamentary appropriation.
CN Commercialization Act — C-0.2
Her Majesty, by and with the advice and consent of the Senate and House of Commons of Canada, enacts as follows:
CN Commercialization Act — C-0.2 1
Short title 1 This Act may be cited as the CN Commercialization Act .
CN Commercialization Act — C-0.2 2
Definitions 2 (1) In this Act, CN means the Canadian National Railway Company, a company continued by section 3 of the Canadian National Railways Act ; ( CN ) continuation day means the day on which CN becomes a corporation to which the Canada Business Corporations Act applies; ( date de prorogation ) Minister means the Minister of Transport. ( ministre ) Same meaning (2) Unless a contrary intention appears, words and expressions used in this Act have the same meaning as in the Canada Business Corporations Act .
CN Commercialization Act — C-0.2
CN means the Canadian National Railway Company, a company continued by section 3 of the Canadian National Railways Act ; ( CN )
CN Commercialization Act — C-0.2
continuation day means the day on which CN becomes a corporation to which the Canada Business Corporations Act applies; ( date de prorogation )
CN Commercialization Act — C-0.2
Minister means the Minister of Transport. ( ministre )
CN Commercialization Act — C-0.2 3
Operation of Canada Business Corporations Act 3 (1) In the event of any inconsistency between this Act and the Canada Business Corporations Act , or anything issued, made or established under that Act, this Act prevails to the extent of the inconsistency. Operation of Competition Act (2) Nothing in, or done under the authority of, this Act affects the operation of the Competition Act in respect of the acquisition of any interest in CN. (3) [Repealed, 1996, c. 10, s. 210.1] 1995, c. 24, s. 3; 1996, c. 10, s. 210.1
CN Commercialization Act — C-0.2 4
Binding on Her Majesty 4 This Act is binding on Her Majesty in right of Canada or a province.
CN Commercialization Act — C-0.2 5
Transfer of CN shares 5 (1) The shares of CN held by the Minister of Finance under subsection 4(2) of the Canadian National Railways Act are hereby transferred to the Minister, who, for the purposes of section 90 of the Financial Administration Act , is hereby authorized to acquire the shares. Registration and holding of shares (2) The shares transferred to the Minister by subsection (1) shall be registered in the books of CN in the name of the Minister and shall be held by the Minister in trust for Her Majesty in right of Canada.
CN Commercialization Act — C-0.2 6
Transfer of property 6 The Minister may, at any time while CN is a Crown corporation within the meaning of section 83 of the Financial Administration Act , direct CN to transfer, on such terms and conditions, including consideration, if any, as the Minister considers appropriate, such property, including leases, rights, interests and benefits, of CN as the Minister considers appropriate to the Minister or to any other Minister or Crown corporation designated by the Governor in Council, and CN shall forthwith comply with the direction.
CN Commercialization Act — C-0.2 7
Submission of draft application 7 (1) Forthwith on the direction of the Minister, CN shall submit an application for a certificate of continuance of CN under section 187 of the Canada Business Corporations Act to the Minister for approval. Submission to Director (2) Forthwith after the Minister approves the application, CN shall submit it to the Director. Presumption (3) An application submitted to the Director pursuant to this section is, subject to this Act, deemed for all purposes to have been made under subsection 187(1) of the Canada Business Corporations Act .
CN Commercialization Act — C-0.2 8
that any person holds, beneficially owns or controls voting shares to which are attached not more than the lesser of two one-hundredths of one per cent of the votes that may ordinarily be cast to elect directors of CN and five thousand such votes, that person is not an associate of anyone else and no one else is an associate of that person. Control (6) For the purposes of this section, control means control in any manner that results in control in fact, whether directly through the ownership of securities or indirectly through a trust, an agreement or arrangement, the ownership of any body corporate or otherwise, and, without limiting the generality of the foregoing, (a) a body corporate is controlled by a person if (i) securities of the body corporate to which are attached more than fifty per cent of the votes that may be cast to elect directors of the body corporate are held, otherwise than by way of security only, by or for the benefit of that person, and (ii) the votes attached to those securities are sufficient, if exercised, to elect a majority of the directors of the body corporate; and (b) a partnership or unincorporated organization is controlled by a person if an ownership interest therein representing more than fifty per cent of the assets of the partnership or organization is held, otherwise than by way of security only, by or for the benefit of that person. Definitions (7) In this section, corporation includes a body corporate, partnership and unincorporated organization; ( société ) person includes an individual, corporation, government, government agency, trustee, executor, administrator and other legal representative; ( personne ) voting share means a share carrying voting rights under all circumstances or under some circumstances that have occurred and are continuing, and includes a security currently convertible into such a share and currently exercisable options and rights to acquire such a share or such a convertible security. ( action avec droit de vote ) 1995, c. 24, s. 8; 2018, c. 10, s. 60
CN Commercialization Act — C-0.2
corporation includes a body corporate, partnership and unincorporated organization; ( société )
CN Commercialization Act — C-0.2
person includes an individual, corporation, government, government agency, trustee, executor, administrator and other legal representative; ( personne )
CN Commercialization Act — C-0.2
voting share means a share carrying voting rights under all circumstances or under some circumstances that have occurred and are continuing, and includes a security currently convertible into such a share and currently exercisable options and rights to acquire such a share or such a convertible security. ( action avec droit de vote )
CN Commercialization Act — C-0.2 9
Restriction on amendment 9 CN and its shareholders and directors shall not (a) apply for continuance of CN in another jurisdiction; or (b) make any articles or by-laws that are inconsistent with the provisions included in its articles of continuance pursuant to subsection 8(1).
CN Commercialization Act — C-0.2 10
Issue and disposal of shares by CN 10 For the purposes of complying with section 90 of the Financial Administration Act while CN is a Crown corporation within the meaning of section 83 of that Act, CN is hereby authorized to issue and sell or otherwise dispose of shares of CN on and after the continuation day, with the approval of the Minister.
CN Commercialization Act — C-0.2 11
Dealing with shares, etc., by Minister 11 (1) For the purposes of section 90 of the Financial Administration Act , the Minister is hereby authorized to acquire, hold, dispose of and otherwise deal with shares of CN on and after the continuation day and on such terms and conditions as the Minister, with the approval of the Minister of Finance, considers appropriate. Registration and holding of shares (2) Shares acquired by the Minister pursuant to subsection (1) shall be registered in the name of the Minister in the books of CN and shall be held by the Minister in trust for Her Majesty in right of Canada.
CN Commercialization Act — C-0.2 12
Discharge 12 The Minister, with the approval of the Minister of Finance, may (a) enter into an agreement or other arrangement with CN or any other person respecting the acquisition, holding, service, disposal or discharge of or other dealing with any debt or obligation incurred by, or security interest in, CN; (b) enter into any agreement or arrangement necessary or incidental to any activity referred to in subsection 11(1); and (c) pay out of the Consolidated Revenue Fund, or from the proceeds of any sale of shares, debts or obligations of, or security interests in, CN, amounts in respect of any agreement or arrangement referred to in paragraph (a) or (b).
CN Commercialization Act — C-0.2 13
Adjustment of accounts of Canada 13 The Minister, after consultation with the President of the Treasury Board, shall cause such adjustments to be made in the accounts of Canada as are required as a result of any transaction authorized or required by this Act.
CN Commercialization Act — C-0.2 14
Names 14 Notwithstanding subsection 10(1) of the Canada Business Corporations Act , CN may continue to use and be legally designated by the names “Canadian National Railway Company” in English and “ Compagnie des chemins de fer nationaux du Canada ” in French on and after the continuation day.
CN Commercialization Act — C-0.2 15
Application of Official Languages Act 15 The Official Languages Act continues to apply to CN as if it continued to be a federal institution within the meaning of that Act.
CN Commercialization Act — C-0.2 16
Works for the general advantage of Canada 16 (1) The railway and other transportation works in Canada of CN, of every subsidiary of CN and of every corporation formed by any consolidation or amalgamation of any two or more of those corporations are hereby declared to be works for the general advantage of Canada. Exception (2) Subsection (1) does not apply to the purchase, sale, lease or operation of motor vehicles of all kinds for the carriage of traffic in conjunction with or substitution for the rail services managed or controlled by CN.
CN Commercialization Act — C-0.2 17
Continuation in office 17 (1) Subject to subsection (2), the members of the Board of Directors of CN who held office immediately before the continuation day continue to hold office according to the terms of their appointment. Directors cease to hold office (2) The members of the Board of Directors of CN cease to hold office at the close of the first annual meeting of shareholders of CN held after the day on which shares of CN are first issued to any person, other than the Minister, which meeting shall be held not later than six months following the end of CN’s financial year in which that day falls. No compensation (3) No person has any right to claim or receive any compensation, damages, indemnity or other form of relief from Her Majesty in right of Canada or any servant or agent of Her Majesty for ceasing to hold office by virtue of this Act.
CN Commercialization Act — C-0.2 19
19 (1) [Repeal] Director to give notice (2) The Director is not required to comply with subsection 187(6) of the Canada Business Corporations Act in respect of CN, but the Director shall, on issuing the certificate of continuance of CN, cause a notice to be published in the Canada Gazette setting out the date on which the certificate was issued and on which the Canadian National Railways Act was repealed.
CN Commercialization Act — C-0.2 Coming into force
Coming into force * 21 Section 18 comes into force on a day to be fixed by order of the Governor in Council. * [Note: Section 18 in force November 28, 1995, see SI/95-123.]
CN Commercialization Act — C-0.2 60.1
Amendment of articles 60.1 (1) Despite sections 173 to 176 of the Canada Business Corporations Act , CN’s directors may amend its articles in accordance with the amendment set out in section 60. Articles of amendment sent to Director (2) When the directors amend the articles under subsection (1), they shall send the articles of amendment to the Director in accordance with section 177 of the Canada Business Corporations Act . Definitions (3) The following definitions apply in this section. CN has the same meaning as in subsection 2(1) of the CN Commercialization Act . ( CN ) Director has the same meaning as in subsection 2(1) of the Canada Business Corporations Act . ( directeur )
CN Commercialization Act — C-0.2
CN has the same meaning as in subsection 2(1) of the CN Commercialization Act . ( CN )
CN Commercialization Act — C-0.2
Director has the same meaning as in subsection 2(1) of the Canada Business Corporations Act . ( directeur )
Campobello-Lubec Bridge Act — C-0.3
Her Majesty, by and with the advice and consent of the Senate and House of Commons of Canada, enacts as follows:
Campobello-Lubec Bridge Act — C-0.3 1
Short title 1 This Act may be cited as the Campobello-Lubec Bridge Act .
Campobello-Lubec Bridge Act — C-0.3 2
Approval of bridge 2 Subject to this Act, the construction, operation and maintenance of the bridge described in section 3, as provided for by the agreement contemplated by that section, is hereby approved.
Campobello-Lubec Bridge Act — C-0.3 3
Authority to enter into agreement 3 The Province of New Brunswick (hereinafter referred to as "the Province") may enter into an agreement, subject to the approval of the Governor in Council, with the State of Maine for the construction, operation and maintenance of a bridge across Lubec Channel, for the free use and passage of persons, vehicles and goods, with all necessary approaches, roads and other works from a point on Campobello Island in New Brunswick to a point in Maine, at or near the Town of Lubec, Maine.
Campobello-Lubec Bridge Act — C-0.3 4
Plans and drawings to be submitted 4 (1) The bridge described in section 3 shall be constructed in accordance with and subject to such regulations for the safeguarding of navigation of Lubec Channel as the Governor in Council prescribes, and, for such purpose, the Province shall, prior to the commencement of construction of the bridge, submit to the Governor in Council for examination and approval plans and drawings of the bridge and a map of its proposed location, indicating accurately all relevant soundings and showing the bed of the channel and the location of all other bridges in the area, and furnish to the Governor in Council such other information as is required for a full and satisfactory understanding of the project. Approval of plans and drawings prior to commencement (2) Construction of the bridge shall not be commenced until such time as the plans and drawings referred to in subsection (1) and the location of the bridge have been approved by the Governor in Council, and no material change in such plans or drawings, or in the location of the bridge, shall be made after the commencement of construction of the bridge except with the prior approval of the Governor in Council.
Campobello-Lubec Bridge Act — C-0.3 5
Labour and materials 5 Where available in Canada, Canadian labour and materials, to the extent of 50%, as nearly as may be, of the cost of such labour and materials respectively, shall be employed in the construction of the bridge, and construction of the bridge shall not be commenced until such time as evidence satisfactory to the Minister of Labour has been submitted to him by the Province that the arrangements for the construction of the bridge are such as to ensure effective compliance with the requirements of this section.
Canada and Taiwan Territories Tax Arrangement Act, 2016 — C-0.5 1
Short title 1 This Act may be cited as the Canada and Taiwan Territories Tax Arrangement Act, 2016 .
Canada and Taiwan Territories Tax Arrangement Act, 2016 — C-0.5 2
Definition of Arrangement 2 In this Act, Arrangement means the arrangement between the Canadian Trade Office in Taipei and the Taipei Economic and Cultural Office in Canada set out in Schedule 1, as amended by the Protocol set out in Schedule 2.
Canada and Taiwan Territories Tax Arrangement Act, 2016 — C-0.5 3
Arrangement approved 3 The Arrangement is approved and has the force of law in Canada during the period that the Arrangement, by its terms, has effect.
Canada and Taiwan Territories Tax Arrangement Act, 2016 — C-0.5 4
Inconsistent laws — general rule 4 (1) Subject to subsection (2), in the event of any inconsistency between the provisions of this Act or the Arrangement and the provisions of any other law, the provisions of this Act and the Arrangement prevail to the extent of the inconsistency. Inconsistent laws — exception (2) In the event of any inconsistency between the provisions of the Arrangement and the provisions of the Income Tax Conventions Interpretation Act , the provisions of that Act prevail to the extent of the inconsistency.
Canada and Taiwan Territories Tax Arrangement Act, 2016 — C-0.5 5
Interpretation 5 For the purposes of applying the provisions of the Income Tax Act , the Income Tax Conventions Interpretation Act , the Income Tax Application Rules and the Income Tax Regulations in respect of the Arrangement (a) references to a “country” or a “state” are, with such modifications as the circumstances require, to be read, respectively, as “country or jurisdiction” or “state or jurisdiction”, as the case may be; (b) references to “treaty”, “convention” or “agreement” between Canada and another country or jurisdiction are, with such modifications as the circumstances require, to be read as including the Arrangement; and (c) the Arrangement is to be considered as having been entered into between Canada and the jurisdiction of Taiwan.
Canada and Taiwan Territories Tax Arrangement Act, 2016 — C-0.5 6
Regulations 6 The Minister of National Revenue may make any regulations that are necessary for carrying out the Arrangement or for giving effect to any of its provisions.
Canada and Taiwan Territories Tax Arrangement Act, 2016 — C-0.5 7
Notification — entry into effect 7 * (1) The Minister of Finance must cause a notice of the particular day on which the later of the notifications referred to in Section 27 of the Arrangement is made to be published in the Canada Gazette on or before the 60th day following the particular day. * [Note: Notice given that December 19, 2016, is the day on which the later of the notifications referred to in section 27 of the Arrangement was made, see Canada Gazette Part I, Volume 151, page 663.] Notification — termination (2) The Minister of Finance must cause a notice of the particular day on which ends a calendar year and in respect of which is determined the cessation of effect of the Arrangement to be published in the Canada Gazette on or before the 60th day following the particular day.
Canada and Taiwan Territories Tax Arrangement Act, 2016 — C-0.5
THE CANADIAN TRADE OFFICE IN TAIPEI AND THE TAIPEI ECONOMIC AND CULTURAL OFFICE IN CANADA,
Canada and Taiwan Territories Tax Arrangement Act, 2016 — C-0.5
DESIRING to conclude an Arrangement for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income,
Canada and Taiwan Territories Tax Arrangement Act, 2016 — C-0.5
This Arrangement will apply to persons who are residents of one or both of the “ territories ”, as defined in this Arrangement.
Canada and Taiwan Territories Tax Arrangement Act, 2016 — C-0.5 1
1 The existing taxes to which the Arrangement will apply are: (a) in the territory in which the income tax law administered by the Canada Revenue Agency is applied, the taxes imposed under the Income Tax Act ; and (b) in the territory in which the taxation law administered by the Taxation Administration, Ministry of Finance, Taiwan is applied: (i) the profit seeking enterprise income tax; (ii) the individual consolidated income tax; and (iii) the income basic tax.
Canada and Taiwan Territories Tax Arrangement Act, 2016 — C-0.5 (a)
(a) in the territory in which the income tax law administered by the Canada Revenue Agency is applied, the taxes imposed under the Income Tax Act ; and
Canada and Taiwan Territories Tax Arrangement Act, 2016 — C-0.5 (b)
(b) in the territory in which the taxation law administered by the Taxation Administration, Ministry of Finance, Taiwan is applied: (i) the profit seeking enterprise income tax; (ii) the individual consolidated income tax; and (iii) the income basic tax.
Canada and Taiwan Territories Tax Arrangement Act, 2016 — C-0.5 (i)
(i) the profit seeking enterprise income tax;
Canada and Taiwan Territories Tax Arrangement Act, 2016 — C-0.5 (ii)
(ii) the individual consolidated income tax; and
Canada and Taiwan Territories Tax Arrangement Act, 2016 — C-0.5 2
2 The Arrangement will apply also to any identical or substantially similar taxes that are imposed after the date of signature of the Arrangement in addition to, or in place of, the existing taxes. The competent authorities of the territories will notify each other of any significant changes which have been made in the taxation laws of their respective territories.
Canada and Taiwan Territories Tax Arrangement Act, 2016 — C-0.5 1
1 For the purposes of this Arrangement, unless the context otherwise requires: (a) the term “ territory ” refers to the geographic area over which the Canada Revenue Agency exercises jurisdiction, or the geographic area over which the Taxation Administration, Ministry of Finance, Taiwan exercises jurisdiction. As the context requires, “ other territory ” and “ territories ” will be construed accordingly; (b) the term “ person ”, includes an individual, a trust, a company and any other body of persons; (c) the term “ company ” means any body corporate or any entity which is treated as a body corporate for tax purposes; (d) the term “ enterprise ” applies to the carrying on of any business; (e) the terms “ enterprise of a territory ” and “ enterprise of the other territory ” mean respectively an enterprise carried on by a resident of a territory and an enterprise carried on by a resident of the other territory; (f) the term “ international traffic ” means any transport by a ship or aircraft operated by an enterprise of a territory, except when such transport is principally between places in the other territory; (g) the term “ competent authority ” means: (i) in the case of the territory in which the income tax law administered by the Canada Revenue Agency is applied, the Minister of National Revenue or the Minister’s authorized representative; and (ii) in the case of the territory in which the taxation law administered by the Taxation Administration, Ministry of Finance, Taiwan is applied, the Minister or the Minister’s authorized representative.