Contents
- Her Majesty, by and with the advice and consent of the Sen…
- Short Title
- Part 1 Amendments Relating to the GST/HST Rate Reduction
- Part 2 Amendments to the Income Tax Act
- Part 3 Amendments Relating to Excise Tax on Jewellery, Etc.
- Part 4 Amendments Relating to Aboriginal Tax Powers and Aboriginal Tax Treatment
- Part 5 Other Tax-related Amendments
- Part 6 Universal Child Care Benefit
- Part 7 Amendments to the Federal-Provincial Fiscal Arrangements Act
- Part 8 Payments to Provinces and Territories
- Part 9 [Repealed, 2011, c. 15, s. 21]
- Part 10 Amendments Relating to Financial Institutions
- Part 11 Amendments Relating to Pensions
- Part 12 Mackenzie Gas Project Impacts Act
- Part 13 Miscellaneous Amendments
- Schedule 1 [Amendment]
- Schedule 2 (Section 208)
- Related provisions
Her Majesty, by and with the advice and consent of the Senate and House of Commons of Canada, enacts as follows:
Short Title
1Short title#
This Act may be cited as the Budget Implementation Act, 2006.
Part 1 · Amendments Relating to the GST/HST Rate Reduction
Amendments Relating to the GST/HST
Excise Tax Act
Related Amendments
Air Travellers Security Charge Act
Amendments Relating to the Taxation of Tobacco Products
Excise Act, 2001
Application
42#
For the purposes of applying the provisions of the Customs Act that provide for the payment of, or the liability to pay, interest in respect of any amount, the amount shall be determined and interest shall be computed on it as though sections 37 to 41 had come into force on July 1, 2006.
Amendments Relating to Alcohol Products
Excise Act
Excise Act, 2001
Application
50#
For the purposes of applying the provisions of the Customs Act and the Excise Act that provide for the payment of, or the liability to pay, interest in respect of any amount, the amount shall be determined and interest shall be computed on it as though sections 43, 48 and 49 had come into force on July 1, 2006.
Part 2 · Amendments to the Income Tax Act
Part 3 · Amendments Relating to Excise Tax on Jewellery, Etc.
Excise Tax Act
Budget Implementation Act, 2005
Part 4 · Amendments Relating to Aboriginal Tax Powers and Aboriginal Tax Treatment
First Nations Goods and Services Tax Act
Yukon First Nations Self-Government Act
Part 5 · Other Tax-related Amendments
Air Travellers Security Charge Act
Excise Act, 2001
Excise Tax Act
Income Tax Act
Conditional Amendment
Part 6 · Universal Child Care Benefit
Enactment of Act
168Enactment of Act#
The Universal Child Care Benefit Act is enacted as follows:
Consequential And Related Amendments
Children’s Special Allowances Act
Employment Insurance Act
Income Tax Act
Old Age Security Act
Coming Into Force
Part 7 · Amendments to the Federal-Provincial Fiscal Arrangements Act
Part 8 · Payments to Provinces and Territories
190Payment of $650,000,000#
(1)From and out of the Consolidated Revenue Fund, there may, on the requisition of the Minister of Human Resources and Skills Development, be paid to the provinces a payment in the amount of $650,000,000 for the fiscal year beginning on April 1, 2006, in respect of early learning and child care.
(2)The payment referred to in subsection (1) shall be allocated to the provinces as follows:
(a)to Ontario, $252,933,933.35;
(b)to Quebec, $152,740,663.90;
(c)to Nova Scotia, $18,743,350.65;
(d)to New Brunswick, $15,028,068.42;
(e)to Manitoba, $23,683,368.44;
(f)to British Columbia, $85,920,064.72;
(g)to Prince Edward Island, $2,762,632.45;
(h)to Saskatchewan, $19,863,918.85;
(i)to Alberta, $65,973,415.33;
(j)to Newfoundland and Labrador, $10,266,477.67;
(k)to Yukon, $619,370.20;
(l)to the Northwest Territories, $862,067.75; and
(m)to Nunavut, $602,668.27.
191Payment to territories#
From and out of the Consolidated Revenue Fund, there may, on the requisition of the Minister of Finance, be paid to the territories the following payments for the fiscal year beginning on April 1, 2006:
(a)to Yukon, $10,900,000;
(b)to the Northwest Territories, $18,000,000; and
(c)to Nunavut, $17,500,000.
Part 9 · [Repealed, 2011, c. 15, s. 21]
Part 10 · Amendments Relating to Financial Institutions
Bank Act
Cooperative Credit Associations Act
Insurance Companies Act
Trust and Loan Companies Act
Part 11 · Amendments Relating to Pensions
Canadian Forces Superannuation Act
Public Service Superannuation Act
Royal Canadian Mounted Police Superannuation Act
Coming into Force
Part 12 · Mackenzie Gas Project Impacts Act
Enactment of Act
208Enactment of Act#
The Mackenzie Gas Project Impacts Act, whose text is as follows and whose schedule is set out in Schedule 2 to this Act, is hereby enacted:
Payments
Consequential Amendments
Access to Information Act
Financial Administration Act
Privacy Act
Coming Into Force
Part 13 · Miscellaneous Amendments
European Bank for Reconstruction and Development Agreement Act
Freshwater Fish Marketing Act
Public Sector Pension Investment Board Act
Schedule 1
[Amendment]
Schedule 2 · (Section 208)
Federal laws of Canada reproduced under the Reproduction of Federal Law Order (SI/97-5); not the official version. Source: Justice Laws Website.