S-25.5 — Supporting Vulnerable Seniors and Strengthening Canada’s Economy Act

Provision

Her Majesty, by and with the advice and consent of the Senate and House of Commons of Canada, enacts as follows:

Short Title

s. 1 — Short title

This Act may be cited as the Supporting Vulnerable Seniors and Strengthening Canada’s Economy Act.

Amendments to the Income Tax Act, a Related Act and a Related Regulation

Income Tax Act

s. 2

[Amendments]

s. 3

[Amendments]

Canada Disability Savings Act

s. 4

[Amendment]

s. 5

[Amendment]

s. 6

[Amendment]

Canada Disability Savings Regulations

s. 7

[Amendment]

s. 8

[Amendment]

Measures Relating to Excise Duties and Sales and Excise Taxes

Excise Act, 2001

s. 9

[Amendment]

Excise Tax Act

s. 10

[Amendment]

s. 11

[Amendment]

s. 12

[Amendments]

Old Age Security Act

s. 13

[Amendment]

s. 14

[Amendment]

Payments

Genome Canada

s. 15 — Maximum payment of $65,000,000

There may be paid out of the Consolidated Revenue Fund, on the requisition of the Minister of Industry, a sum of not more than $65,000,000 to Genome Canada for its use.

Canadian Youth Business Foundation

s. 16 — Maximum payment of $20,000,000

There may be paid out of the Consolidated Revenue Fund for the fiscal years 2011-12 and 2012-13, on the requisition of the Minister of Industry, a sum of not more than $20,000,000 to the Canadian Youth Business Foundation for its use.

Auditor General Act

s. 17

[Amendment]

Canada Student Financial Assistance Act

Amendments to the Act

s. 18

[Amendments]

Coming into Force

*19 — Order in council

Section 18 comes into force on a day to be fixed by order of the Governor in Council.[Note: Section 18 in force January 1, 2012, see SI/2011-112.]

Mortgage or Hypothecary Insurance

Enactment of Protection of Residential Mortgage or Hypothecary Insurance Act

s. 20 — Enactment

The Protection of Residential Mortgage or Hypothecary Insurance Act is enacted as follows:[See Protection of Residential Mortgage or Hypothecary Insurance Act]

Consequential Amendments

Budget Implementation Act, 2006

s. 21

[Amendment]

National Housing Act

s. 22

[Amendment]

s. 23

[Amendment]

s. 24

[Amendment]

Office of the Superintendent of Financial Institutions Act

s. 25

[Amendment]

Coming into Force

*26 — Order in council

This Part comes into force on a day to be fixed by order of the Governor in Council.[Note: Sections 22 to 24 in force June 29, 2012, see 2012, c. 19, s. 359; Part 7, other than sections 22 to 24, in force January 1, 2013, see SI/2012-87.]

Federal-Provincial Fiscal Arrangements Act

s. 27

[Amendment]

s. 28

[Amendment]

s. 29

[Amendment]

Insurance Companies Act

s. 30

[Amendment]

s. 31

[Amendment]

Assessment of Financial Institutions Regulations, 2001

Amendment to the Regulations

s. 32

[Amendment]

Validation

s. 33

[Transitional Provision]

Financial Administration Act

Amendments to the Act

s. 34

[Amendment]

s. 35

[Amendment]

Coming into Force

s. 36 — June 1, 2011

Section 35 is deemed to have come into force on June 1, 2011.

Canada Shipping Act, 2001

Amendments to the Act

s. 37

[Amendment]

s. 38

[Amendment]

s. 39

[Amendments]

s. 40

[Amendment]

s. 41

[Amendment]

s. 42

[Amendment]

s. 43

[Amendments]

s. 44

[Amendment]

Consequential Amendment to the Coasting Trade Act

s. 45

[Amendment]