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Canada
Supporting Vulnerable Seniors and Strengthening Canada’s Economy Act

Supporting Vulnerable Seniors and Strengthening Canada’s Economy Act

In forceThis text since 1 Jan 2013law://ca/sc/2011/15@2026-11-10

Version in force onWhereCanada

Contents

Her Majesty, by and with the advice and consent of the Sen…
Short Title
Part 1 Amendments to the Income Tax Act, a Related Act and a Related Regulation
Part 2 Measures Relating to Excise Duties and Sales and Excise Taxes
Part 3 Old Age Security Act
Part 4 Payments
Part 5 Auditor General Act
Part 6 Canada Student Financial Assistance Act
Part 7 Mortgage or Hypothecary Insurance
Part 8 Federal-Provincial Fiscal Arrangements Act
Part 9 Insurance Companies Act
Part 10 Assessment of Financial Institutions Regulations, 2001
Part 11 Financial Administration Act
Part 12 Canada Shipping Act, 2001

Contents

Her Majesty, by and with the advice and consent of the Sen…
Short Title
Part 1 Amendments to the Income Tax Act, a Related Act and a Related Regulation
Part 2 Measures Relating to Excise Duties and Sales and Excise Taxes
Part 3 Old Age Security Act
Part 4 Payments
Part 5 Auditor General Act
Part 6 Canada Student Financial Assistance Act
Part 7 Mortgage or Hypothecary Insurance
Part 8 Federal-Provincial Fiscal Arrangements Act
Part 9 Insurance Companies Act
Part 10 Assessment of Financial Institutions Regulations, 2001
Part 11 Financial Administration Act
Part 12 Canada Shipping Act, 2001

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 Supporting Vulnerable Seniors and Strengthening Canada’s Economy Act.

Part 1 · Amendments to the Income Tax Act, a Related Act and a Related Regulation

Income Tax Act

2 #

[Amendments]

3 #

[Amendments]

Canada Disability Savings Act

4 #

[Amendment]

5 #

[Amendment]

6 #

[Amendment]

Canada Disability Savings Regulations

7 #

[Amendment]

8 #

[Amendment]

Part 2 · Measures Relating to Excise Duties and Sales and Excise Taxes

Excise Act, 2001

9 #

[Amendment]

Excise Tax Act

10 #

[Amendment]

11 #

[Amendment]

12 #

[Amendments]

Part 3 · Old Age Security Act

13 #

[Amendment]

14 #

[Amendment]

Part 4 · Payments

Genome Canada

15Maximum 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

16Maximum 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.

Part 5 · Auditor General Act

17 #

[Amendment]

Part 6 · Canada Student Financial Assistance Act

Amendments to the Act

18 #

[Amendments]

Coming into Force

*19Order in council#

Section 18 comes into force on a day to be fixed by order of the Governor in Council.

Part 7 · Mortgage or Hypothecary Insurance

Enactment of Protection of Residential Mortgage or Hypothecary Insurance Act

20Enactment#

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

Consequential Amendments

Budget Implementation Act, 2006

21 #

[Amendment]

National Housing Act

22 #

[Amendment]

23 #

[Amendment]

24 #

[Amendment]

Office of the Superintendent of Financial Institutions Act

25 #

[Amendment]

Coming into Force

*26Order in council#

This Part comes into force on a day to be fixed by order of the Governor in Council.

Part 8 · Federal-Provincial Fiscal Arrangements Act

27 #

[Amendment]

28 #

[Amendment]

29 #

[Amendment]

Part 9 · Insurance Companies Act

30 #

[Amendment]

31 #

[Amendment]

Part 10 · Assessment of Financial Institutions Regulations, 2001

Amendment to the Regulations

32 #

[Amendment]

Validation

33 #

[Transitional Provision]

Part 11 · Financial Administration Act

Amendments to the Act

34 #

[Amendment]

35 #

[Amendment]

Coming into Force

36June 1, 2011#

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

Part 12 · Canada Shipping Act, 2001

Amendments to the Act

37 #

[Amendment]

38 #

[Amendment]

39 #

[Amendments]

40 #

[Amendment]

41 #

[Amendment]

42 #

[Amendment]

43 #

[Amendments]

44 #

[Amendment]

Consequential Amendment to the Coasting Trade Act

45 #

[Amendment]

Federal laws of Canada reproduced under the Reproduction of Federal Law Order (SI/97-5); not the official version. Source: Justice Laws Website.

Key facts

Type: Act · S.C. 2011, c. 15
Enacted: 26 Jun 2011
Last amended: 1 Jan 2013
Text current to: 22 Jun 2019
Official: Justice Laws Website

History · 4 versions

1 Jan 2013Reading
29 Jun 2012
1 Jan 2012
26 Jun 2011

What changed on 1 Jan 2013

Connections

Cited by 3: Housing Loan (Insurance, Guarantee and Protection) Regulations; Protection of Residential Mortgage or Hypothecary Insurance Regulations; Jobs, Growth and Long-term Prosperity Act
Cites 1: Protection of Residential Mortgage or Hypothecary Insurance Act