GreatNorthCollective/greatnorth-canada-federal-laws-text huggingface dataset:
Canada Emission Reduction Incentives Agency Act — C-3.8 6
Object 6 The object of the Agency is to provide incentives for the reduction or removal of greenhouses gases through the acquisition, on behalf of the Government of Canada, of eligible credits created as a result of the reduction or removal of those gases.
Canada Emission Reduction Incentives Agency Act — C-3.8 7
Appointment of President 7 The Governor in Council shall appoint a President of the Agency to hold office during pleasure for a renewable term of up to five years.
Canada Emission Reduction Incentives Agency Act — C-3.8 8
President’s powers 8 The President is chief executive officer of the Agency and has supervision over and direction of its work and staff.
Canada Emission Reduction Incentives Agency Act — C-3.8 9
Delegation by President 9 The President may delegate to any person any power, duty or function conferred on the President under this Act.
Canada Emission Reduction Incentives Agency Act — C-3.8 10
Remuneration 10 The President is to be paid the remuneration that is fixed by the Governor in Council.
Canada Emission Reduction Incentives Agency Act — C-3.8 11
Head office 11 The head office of the Agency is to be at the place in Canada that is designated by the Governor in Council.
Canada Emission Reduction Incentives Agency Act — C-3.8 12
Appointment of members 12 (1) The Governor in Council shall appoint an advisory board of not more than 12 members to hold office during pleasure for a term of not more than three years, which term may be renewed for one or more further terms. Role of advisory board (2) The role of the advisory board is to advise the Minister on any matter within the object of the Agency, including (a) the types of projects that are most likely to result in significant reductions of greenhouse gas emissions and advance the competitiveness and efficiency of Canadian industry; and (b) market conditions relating to eligible domestic credits and eligible Kyoto units. Representation (3) The Governor in Council may appoint any person with relevant knowledge or expertise to the advisory board, including persons from the agriculture, energy and forest sectors, environmental groups or provincial or municipal governments, and persons with knowledge or expertise in the markets for domestic and international credits relating to reductions or removals of greenhouse gases. Publication (3.1) The Minister shall publish the advice given under subsection (2) within 30 days after receiving it from the advisory board. Chairperson (4) The Minister shall appoint one of the members as Chairperson of the advisory board. Remuneration (5) The members of the advisory board are to be paid, in connection with their work for the advisory board, the remuneration that may be fixed by the Governor in Council. Travel, living and other expenses (6) The members of the advisory board are entitled to be reimbursed, in accordance with Treasury Board directives, the travel, living and other expenses incurred in connection with their work for the advisory board while absent from their ordinary place of residence. Meetings (7) The Chairperson may determine the times and places at which the advisory board will meet, but it must meet at least four times a year.
Canada Emission Reduction Incentives Agency Act — C-3.8 13
Employees 13 The employees that are necessary for the proper conduct of the work of the Agency are to be appointed in accordance with the Public Service Employment Act .
Canada Emission Reduction Incentives Agency Act — C-3.8 14
Contracts and agreements 14 The Agency may enter into contracts and other agreements with any person in Canada or elsewhere, or with any organization or government, including an international organization or the government of a foreign state, in the name of Her Majesty in right of Canada or in its own name.
Canada Emission Reduction Incentives Agency Act — C-3.8 15
Legal proceedings 15 Actions, suits or other legal proceedings in respect of any right or obligation acquired or incurred by the Agency, whether in its own name or in the name of Her Majesty in right of Canada, may be brought or taken by or against the Agency in the name of the Agency in any court that would have jurisdiction if the Agency were not an agent of Her Majesty.
Canada Emission Reduction Incentives Agency Act — C-3.8 16
Procurement process 16 The Agency has the authority to acquire eligible credits through its own procurement process despite any provision of any other Act of Parliament.
Canada Emission Reduction Incentives Agency Act — C-3.8 17
Competitive process — eligible domestic credits 17 The Agency must use a competitive process to acquire eligible domestic credits to ensure the cost-effectiveness of the acquisition.
Canada Emission Reduction Incentives Agency Act — C-3.8 18
Competitive process — eligible Kyoto units 18 (1) The Agency must use a competitive process to acquire eligible Kyoto units and must be satisfied that the acquisition of those units is of benefit to Canada, taking into account the factors specified in the regulations. Regulations (2) The Minister may make regulations specifying factors for the purposes of subsection (1).
Canada Emission Reduction Incentives Agency Act — C-3.8 19
Advance payment for eligible domestic credits 19 (1) The Agency may, with the approval of the Treasury Board, make payments to acquire eligible domestic credits before they are created if the Agency exercises due diligence and (a) the credits are to be created in relation to a project that meets criteria established by the Minister; (b) the Minister is satisfied that it is reasonable to expect that the project will result in reductions or removals of greenhouse gases in the amounts anticipated in the agreement relating to the acquisition; and (c) the agreement relating to the acquisition contains a provision requiring the repayment of the proportion of the amounts advanced for which no credits are received by the Agency. Credits may be in relation to less than anticipated total (2) If the Agency makes payments to acquire eligible domestic credits before they are created, the amount of reductions or removals of greenhouse gases related to the credits being acquired may be less than or equal to the total amount of reductions or removals of greenhouse gases anticipated from the project for which the credits are created.
Canada Emission Reduction Incentives Agency Act — C-3.8 20
Credits to be recorded 20 After acquiring eligible credits in its own name, the Agency must, without delay, take the steps necessary to have them recorded in the name of Her Majesty in right of Canada in any database designated by the Minister.
Canada Emission Reduction Incentives Agency Act — C-3.8 21
Contracts with Her Majesty 21 The Agency may enter into contracts, agreements or other arrangements with Her Majesty as if it were not an agent of Her Majesty.
Canada Emission Reduction Incentives Agency Act — C-3.8 22
Accident compensation 22 The President and the members of the advisory board are deemed to be employees for the purposes of the Government Employees Compensation Act and to be employed in the federal public administration for the purposes of any regulations made under section 9 of the Aeronautics Act . 2005, c. 30, ss. 87 “22”, 94(E)
Canada Emission Reduction Incentives Agency Act — C-3.8 23
Corporate business plan 23 (1) As soon as possible after the Agency is established and every year after that, the Agency must submit a corporate business plan to the Minister for approval and the Minister must cause a copy of the plan to be tabled in each House of Parliament on any of the first fifteen days on which that House is sitting after the Minister approves the plan. Contents of corporate business plan (2) The corporate business plan must include a statement of (a) the Agency’s objectives for the next five years; (b) the strategies that the Agency intends to use to achieve its objectives, including operational, financial and human resource strategies; (c) the Agency’s expected performance over that period; and (d) the Agency’s operating and capital budgets for each year of that period.
Canada Emission Reduction Incentives Agency Act — C-3.8 24
Annual audit 24 The Auditor General of Canada is the auditor for the Agency and must (a) annually audit and provide an opinion to the Agency and the Minister on the financial statements of the Agency; and (b) provide the Minister and the President with copies of reports of audits carried out under this section.
Canada Emission Reduction Incentives Agency Act — C-3.8 25
Annual report 25 (1) The Agency must, before December 31 of each year following the Agency’s first full year of operations, submit an annual report on the operations of the Agency for the preceding fiscal year to the Minister, and the Minister must cause a copy of the report to be tabled in each House of Parliament on any of the first fifteen days on which that House is sitting after the Minister receives it. Form and contents (2) The annual report must include (a) the financial statements of the Agency, prepared in accordance with accounting principles consistent with those applied in preparing the Public Accounts referred to in section 64 of the Financial Administration Act , and the Auditor General of Canada’s opinion on them; (b) information about the Agency’s performance with respect to the objectives established in the corporate business plan; and (c) any other information that the Minister may require to be included in it.
Canada Deposit Insurance Corporation Act — C-3 1
Short title 1 This Act may be cited as the Canada Deposit Insurance Corporation Act . R.S., c. C-3, s. 1
Canada Deposit Insurance Corporation Act — C-3 2
it in trust; (e) a person who is acting as a trustee of moneys for others in the course of business and is subject to the rules of a securities commission, stock exchange or other regulatory or self-regulating organization that audits compliance with those rules; (f) a regulated federal or provincial trust company acting in the capacity of a depositor; or (g) a payment service provider that is registered as those expressions are defined in section 2 of the Retail Payment Activities Act ; ( fiduciaire professionnel ) provincial institution means a company referred to in section 9; ( institution provinciale ) provincial member institution means a provincial institution that is a member institution; ( institution provinciale membre ) provincial supervisor , in relation to a provincial institution, means the official of the province of incorporation of the provincial institution who supervises the affairs of the provincial institution; ( contrôleur provincial ) receiver includes a receiver-manager and a sequestrator; ( séquestre ) representation means any oral or written statement and includes any advertisement and any mark, sign, trade name or other device; ( déclaration ) returned payment means any portion of a payment made by the Corporation under subsection 14(2) or (2.1) that is either returned to the Corporation or that otherwise remains under its control; ( paiement retourné ) share includes (a) a conversion or exchange privilege, issued by a member institution, that is convertible at any time into a share, (b) an option or a right, issued by a member institution, to acquire a share or a privilege referred to in paragraph (a), and (c) a membership share within the meaning of section 2 of the Bank Act ; ( action ) shareholder includes the holder of a membership share of a federal credit union; ( actionnaire ) subordinated debt means debt of a member institution that, by the terms of any instrument evidencing the debt, will, in the event of the insolvency or winding-up of the member institution, be subordinate in right of payment to all deposit liabilities of the member institution and all other liabilities of the member institution except those that, by their terms, rank equally with or are subordinate to that debt and includes (a) a conversion or exchange privilege that is convertible at any time into subordinated debt, and (b) an option or a right to acquire subordinated debt or a privilege referred to in paragraph (a) issued by a member institution; ( dette subordonnée ) Superintendent means the Superintendent of Financial Institutions appointed pursuant to subsection 5(1) of the Office of the Superintendent of Financial Institutions Act . ( surintendant ) R.S., 1985, c. C-3, s. 2; R.S., 1985, c. 18 (3rd Supp.), s. 47; 1992, c. 1, s. 142, c. 26, s. 1; 1996, c. 6, s. 21; 1999, c. 28, s. 98; 2001, c. 9, s. 203; 2009, c. 2, s. 233; 2010, c. 12, s. 2094; 2012, c. 5, s. 185; 2016, c. 7, s. 126 2018, c. 12, s. 202 2021, c. 23, s. 186
Canada Deposit Insurance Corporation Act — C-3
affairs , with respect to a member institution, means its business and the relationships among the member institution and its affiliates and the shareholders, directors and officers of the member institution and its affiliates; ( affaires internes )
Canada Deposit Insurance Corporation Act — C-3 (a)
affiliate , in respect of a member institution that is (a) a bank, means an entity that is affiliated with the bank within the meaning of the Bank Act , or (b) other than a bank, means an entity that would be affiliated with the member institution within the meaning of the Bank Act if the member institution were a bank to which that Act applies; ( groupe )
Canada Deposit Insurance Corporation Act — C-3
appropriate provincial minister , in relation to a provincial institution, means the minister of the Crown of the province of incorporation of the institution responsible for the supervision of the provincial institution; ( ministre provincial compétent )
Canada Deposit Insurance Corporation Act — C-3
bank means a bank listed in Schedule I or II to the Bank Act ; ( banque )
Canada Deposit Insurance Corporation Act — C-3
Board means the Board of Directors of the Corporation; ( conseil )
Canada Deposit Insurance Corporation Act — C-3
bridge institution means a federal institution that is designated as a bridge institution by an order made under paragraph 39.13 (1)(c); ( institution-relais )
Canada Deposit Insurance Corporation Act — C-3
by-laws means the by-laws of the Corporation; ( règlements administratifs )
Canada Deposit Insurance Corporation Act — C-3
Chairperson means the Chairperson of the Board; ( président )
Canada Deposit Insurance Corporation Act — C-3
Corporation means the Canada Deposit Insurance Corporation established by section 3; ( Société )
Canada Deposit Insurance Corporation Act — C-3
deposit and depositor mean respectively a deposit and a depositor as defined in the schedule; ( dépôt et déposant )
Canada Deposit Insurance Corporation Act — C-3
deposit insurance means the insurance referred to in paragraph 7(a); ( assurance-dépôts )
Canada Deposit Insurance Corporation Act — C-3
domestic systemically important bank has the same meaning as in section 2 of the Bank Act ; ( banque d’importance systémique nationale )
Canada Deposit Insurance Corporation Act — C-3
federal credit union has the same meaning as in section 2 of the Bank Act ; ( coopérative de crédit fédérale )
Canada Deposit Insurance Corporation Act — C-3
federal institution means a bank, company or association referred to in section 8; ( institution fédérale )
Canada Deposit Insurance Corporation Act — C-3
federal member institution means a federal institution that is a member institution; ( institution fédérale membre )
Canada Deposit Insurance Corporation Act — C-3
local cooperative credit society has the same meaning as in section 2 of the Bank Act ; ( société coopérative de crédit locale )
Canada Deposit Insurance Corporation Act — C-3
member institution means a corporation that has deposit insurance under this Act; ( institution membre )
Canada Deposit Insurance Corporation Act — C-3
Minister means the Minister of Finance; ( ministre )
Canada Deposit Insurance Corporation Act — C-3
nominee broker means a person who is a party to an agreement or arrangement with a member institution in order to make deposits as a nominee on behalf of another person; ( courtier-fiduciaire )
Canada Deposit Insurance Corporation Act — C-3
nominee broker deposit means a deposit made at a member institution by a nominee broker acting as a nominee on behalf of another person; ( dépôt de courtier-fiduciaire )
Canada Deposit Insurance Corporation Act — C-3
policy of deposit insurance or policy means the instrument evidencing the deposit insurance of a member institution; ( police d’assurance-dépôts ou police )
Canada Deposit Insurance Corporation Act — C-3
premium year means, in relation to the calculation and payment of premiums pursuant to this Act, the period beginning on May 1 in one year and ending on April 30 in the next year; ( exercice comptable des primes )
Canada Deposit Insurance Corporation Act — C-3 (a)
professional trustee means any of the following who is not a nominee broker: (a) the public trustee of a province or a similar public official whose duties involve holding moneys in trust for others; (b) a federal, provincial or municipal government, or a department or agency of such a government; (c) a lawyer or partnership of lawyers, a law corporation, or a notary or partnership of notaries in the province of Quebec, when they act in that capacity as a trustee of moneys for others; (d) a person who is acting as a trustee of moneys for others in the course of business and is required by or under a statute to hold the deposit in trust; (e) a person who is acting as a trustee of moneys for others in the course of business and is subject to the rules of a securities commission, stock exchange or other regulatory or self-regulating organization that audits compliance with those rules; (f) a regulated federal or provincial trust company acting in the capacity of a depositor; or (g) a payment service provider that is registered as those expressions are defined in section 2 of the Retail Payment Activities Act ; ( fiduciaire professionnel )
Canada Deposit Insurance Corporation Act — C-3
provincial institution means a company referred to in section 9; ( institution provinciale )
Canada Deposit Insurance Corporation Act — C-3
provincial member institution means a provincial institution that is a member institution; ( institution provinciale membre )
Canada Deposit Insurance Corporation Act — C-3
provincial supervisor , in relation to a provincial institution, means the official of the province of incorporation of the provincial institution who supervises the affairs of the provincial institution; ( contrôleur provincial )
Canada Deposit Insurance Corporation Act — C-3
receiver includes a receiver-manager and a sequestrator; ( séquestre )
Canada Deposit Insurance Corporation Act — C-3
representation means any oral or written statement and includes any advertisement and any mark, sign, trade name or other device; ( déclaration )
Canada Deposit Insurance Corporation Act — C-3
returned payment means any portion of a payment made by the Corporation under subsection 14(2) or (2.1) that is either returned to the Corporation or that otherwise remains under its control; ( paiement retourné )
Canada Deposit Insurance Corporation Act — C-3 (a)
share includes (a) a conversion or exchange privilege, issued by a member institution, that is convertible at any time into a share, (b) an option or a right, issued by a member institution, to acquire a share or a privilege referred to in paragraph (a), and (c) a membership share within the meaning of section 2 of the Bank Act ; ( action )
Canada Deposit Insurance Corporation Act — C-3
shareholder includes the holder of a membership share of a federal credit union; ( actionnaire )
Canada Deposit Insurance Corporation Act — C-3 (a)
subordinated debt means debt of a member institution that, by the terms of any instrument evidencing the debt, will, in the event of the insolvency or winding-up of the member institution, be subordinate in right of payment to all deposit liabilities of the member institution and all other liabilities of the member institution except those that, by their terms, rank equally with or are subordinate to that debt and includes (a) a conversion or exchange privilege that is convertible at any time into subordinated debt, and (b) an option or a right to acquire subordinated debt or a privilege referred to in paragraph (a) issued by a member institution; ( dette subordonnée )
Canada Deposit Insurance Corporation Act — C-3
Superintendent means the Superintendent of Financial Institutions appointed pursuant to subsection 5(1) of the Office of the Superintendent of Financial Institutions Act . ( surintendant )
Canada Deposit Insurance Corporation Act — C-3 2.1
Binding on Her Majesty 2.1 This Act is binding on Her Majesty in right of Canada or a province. 1992, c. 26, s. 2
Canada Deposit Insurance Corporation Act — C-3 2.2
Delegation 2.2 The Minister may delegate any of the Minister’s powers, duties and functions under this Act to any Minister of State appointed pursuant to the Ministries and Ministers of State Act to assist the Minister. 1996, c. 6, s. 21.1
Canada Deposit Insurance Corporation Act — C-3 3
Corporation established 3 (1) There is hereby established a corporation, to be called the Canada Deposit Insurance Corporation. Agent of Her Majesty (2) The Corporation is, for all purposes of this Act, an agent of Her Majesty in right of Canada. R.S., c. C-3, s. 3; 1984, c. 31, s. 14
Canada Deposit Insurance Corporation Act — C-3 4
Head office 4 (1) The head office of the Corporation shall be at the city of Ottawa. Offices and agents (2) The Corporation may establish offices or employ agents in any part of Canada. R.S., c. C-3, s. 4