name: Economic Recovery Act (stimulus)
unofficial_text: # Economic Recovery Act (stimulus)
  
  SC 2009, c 31
  
  An Act to implement certain provisions of the budget tabled in Parliament on January 27, 2009 and to implement other measures
  
  Assented to 2009-12-15
  
  Her Majesty, by and with the advice and consent of the Senate and House of Commons of Canada, enacts as follows: 
  
  ## Short Title 
  
  ### Short title
  
  1 This Act may be cited as the Economic Recovery Act (stimulus).  
  
  # PART 1 
  
  ## Amendments Related to Income Tax 
  
  ## Income Tax Act 
  2 [Amendments] 
  3 [Amendment] 
  4 [Amendment] 
  5 [Amendments] 
  6 [Amendments] 
  7 [Amendments] 
  8 [Amendment] 
  9 [Amendment] 
  10 [Amendment] 
  11 [Amendment] 
  12 [Amendment] 
  13 [Amendments] 
  14 [Amendment] 
  15 [Amendment] 
  
  ##  Income Tax Regulations  
  16 [Amendment] 
  17 [Amendment] 
  
  # PART 2 
  
  ## Miscellaneous 
  
  ## Payments 
  
  ## Multilateral Debt Relief 
  
  ### Maximum payment of $2,500,000,000
  
  18 (1) For the purpose of Canada’s contribution to the Multilateral Debt Relief Initiative, or for making contributions towards multilateral debt relief, there may, in respect of fiscal years in the period that begins on April 1, 2009 and ends on March 31, 2054, be paid out of the Consolidated Revenue Fund, on the requisition of the Minister of Finance, sums, not exceeding in the aggregate $200 million in each fiscal year, to international organizations in order to make debt payments on behalf of eligible countries. No more than a total of $2.5 billion may be paid out under this subsection. 
  
  ### Agreements
  
  (2) The Minister of Finance may enter into arrangements or agreements with international organizations for the purpose of the payments referred to in subsection (1). 
  
  ## Payment to Nova Scotia — Offshore Petroleum Resources 
  
  ### Payment of $174,500,000
  
  19 Before April 1, 2010, there may be paid to Nova Scotia out of the Consolidated Revenue Fund, on the requisition of the Minister of Natural Resources, $174,500,000. 
  
  ##  Bretton Woods and Related Agreements Act  
  20 [Amendments] 
  21 [Amendments] 
  22 [Amendment] 
  
  ##  Broadcasting Act  
  23 [Amendment] 
  
  ##  Budget Implementation Act, 2009  
  24 [Amendment] 
  
  ##  Canada Pension Plan  
  
  ## Amendments to the Act 
  25 [Amendment] 
  26 [Amendments] 
  27 [Amendments] 
  28 [Amendment] 
  29 [Amendment] 
  30 [Amendments] 
  31 [Amendment] 
  32 [Amendments] 
  33 [Amendment] 
  34 [Amendments] 
  35 [Amendment] 
  36 [Amendment] 
  37 [Amendment] 
  38 [Amendment] 
  39 [Amendment] 
  40 [Amendment] 
  41 [Amendments] 
  42 [Amendment] 
  
  ## Coming into Force 
  
  ### Subsection 114(2) of the Canada Pension Plan does not apply 
  
  43 (1) Subsection 114(2) of the Canada Pension Plan does not apply in respect of the amendments to that Act contained in sections 25 to 42.  
  
  ### Order in council
  
   * (2)  Sections 25 to 42 come into force, in accordance with subsection 114(4) of the Canada Pension Plan, on a day or days to be fixed by order of the Governor in Council.  
  * [Note: Sections 30 and 31, subsection 32(2) and sections 33, 34, 41 and 42 in force September 1, 2010, sections 25 to 29, subsection 32(1) and sections 35 to 40 in force January 1, 2012, see SI/2010-57.]  
  
  ##  Canada Pension Plan Investment Board Act  
  
  ## Amendments to the Act 
  44 [Amendment] 
  45 [Amendments] 
  
  ## Coming into Force 
  
  ### April 1, 1998
  
   * 46  Subsection 45 (1) is deemed to have come into force on April 1, 1998.  
  * [Note: Section 44 and subsection 45(2) in force December 31, 2011, see SI/2011-116.]  
  
  ##  Canada-Nova Scotia Offshore Petroleum Resources Accord Implementation Act  
  47 [Amendments] 
  48 [Amendments] 
  49 [Amendment] 
  50 [Amendment] 
  
  ##  Customs Tariff  
  
  ## Amendments to the Act 
  51 [Amendment] 
  52 [Amendment] 
  53 [Amendment] 
  54 [Amendment] 
  55 [Amendment] 
  56 [Amendment] 
  
  ## Coordinating Amendments 
  57 [Amendments] 
  
  ##  Financial Administration Act  
  
  ## Amendments to the Act 
  58 [Amendment] 
  59 [Amendment] 
  60 [Amendment] 
  
  ## Coming into Force 
  
  ### April 1, 2011
  
  61 Sections 58 to 60 come into force on April 1, 2011.  
  
  ##  Public Service Superannuation Act  
  62 [Amendment] 
  
  ## Amendments Related to the Bankruptcy and Insolvency Act  
  
  ##  Bankruptcy and Insolvency Act  
  63 [Amendment] 
  64 [Amendment] 
  65 [Amendment] 
  66 [Related provision] 
  
  ## Chapter 36 of the Statutes of Canada, 2007 
  67 [Amendment] 
  
  