Order Designating the Minister of Industry as the Designated Minister for the purposes of the Business Development Bank of Canada Act and as the appropriate Minister with respect to the Business Development Bank of Canada for the purposes of the Financial Administration Act: SI/2025-48

Canada Gazette, Part II, Volume 159, Number 7

Registration
SI/2025-48 March 26, 2025

BUSINESS DEVELOPMENT BANK OF CANADA ACT
FINANCIAL ADMINISTRATION ACT

Order Designating the Minister of Industry as the Designated Minister for the purposes of the Business Development Bank of Canada Act and as the appropriate Minister with respect to the Business Development Bank of Canada for the purposes of the Financial Administration Act

P.C. 2025-429 March 14, 2025

Her Excellency the Governor General in Council, on the recommendation of the Prime Minister, under the definition Designated Minister in section 2 of the Business Development Bank of Canada Act ^{footnote a}, paragraph (d) of the definition appropriate Minister in section 2 of the Financial Administration Act ^{footnote b} and subparagraph (a)(ii) of the definition appropriate Minister in subsection 83(1) of the Financial Administration Act ^{footnote b},

• (a) repeals Order in Council P.C. 2023-1066 of October 27, 2023^{footnote c};
• (b) designates the Minister of Industry, a member of the King’s Privy Council for Canada, as the Designated Minister for the purposes of the Business Development Bank of Canada Act ^{footnote a}; and
• (c) designates the Minister of Industry, a member of the King’s Privy Council for Canada, as the appropriate Minister with respect to the Business Development Bank of Canada for the purposes of the Financial Administration Act ^{footnote b}.