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His Majesty, by and with the advice and consent of the Senate and House of Commons of Canada, enacts as follows:
Payments for the Purpose of Improving Housing Supply
1Total payment of $1.713 billion#
(1)The Minister of Finance may make payments to the provinces and territories, the total of which is equal to $1.713 billion, for the purpose of improving housing supply. The amount of each payment is to be determined by the Minister of Finance.
(2)Any amount payable under subsection (1) may be paid by the Minister of Finance out of the Consolidated Revenue Fund at the times and in the manner that the Minister of Finance considers appropriate.
Federal laws of Canada reproduced under the Reproduction of Federal Law Order (SI/97-5); not the official version. Source: Justice Laws Website.