name: Economic Statement Implementation Act, 2020
unofficial_text: # Economic Statement Implementation Act, 2020
  
  SC 2021, c 7
  
  An Act to implement certain provisions of the economic statement tabled in Parliament on November 30, 2020 and other measures
  
  Assented to 2021-5-6
  
  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 Statement Implementation Act, 2020.  
  
  # PART 1 
  
  ###  R.S., c. 1 (5th Supp.) 
  
  ## Income Tax Act 
  
  ## Amendments to the Act 
  2 [Amendments] 
  3 [Amendments] 
  4 [Amendments] 
  
  ###  1992, c. 48, Sch. 
  
  ## Related Amendment to the Children’s Special Allowances Act 
  5 [Amendments] 
  
  # PART 2 
  
  ###  R.S., c. S-23 
  
  ## Canada Student Loans Act 
  6 [Amendments] 
  
  # PART 3 
  
  ###  1994, c. 28 
  
  ## Canada Student Financial Assistance Act 
  7 [Amendments] 
  
  # PART 4 
  
  ###  2014, c. 20, s. 483 
  
  ## Apprentice Loans Act 
  8 [Amendments] 
  
  # PART 5 
  
  ###  R.‍S.‍, c. F-27 
  
  ## Food and Drugs Act 
  
  ## Amendments to the Act 
  9 [Amendments] 
  10 [Amendments] 
  
  ## Coming into Force 
  
  ### October 2, 2020
  
  11 Section 9 is deemed to have come into force on October 2, 2020.  
  
  # PART 6 
  
  ## Payments 
  
  ### Payment — requisition of Minister of Economic Development and Official Languages
  
  12 (1) There may be paid out of the Consolidated Revenue Fund for the fiscal year ending on March 31, 2021, on the requisition of the Minister of Economic Development and Official Languages, a sum not exceeding $206,700,000 to the regional development agencies for the Regional Relief and Recovery Fund. 
  
  ### Definition of regional development agencies 
  
  (2) For the purpose of subsection (1), 
  *regional development agencies* means  
  (a) the Department of Western Economic Diversification; 
  (b) the Atlantic Canada Opportunities Agency; 
  (c) the Canadian Northern Economic Development Agency; 
  (d) the Economic Development Agency of Canada for the Regions of Quebec; 
  (e) the Federal Economic Development Agency for Southern Ontario; and 
  (f) the Federal Economic Development Initiative for Northern Ontario. 
  
  ### Payments — requisition of Minister of Health
  
  13 (1) Subject to subsection (2), there may be paid out of the Consolidated Revenue Fund for the fiscal year ending on March 31, 2021, on the requisition of the Minister of Health, all money required to do anything in relation to the initiatives specified in the schedule. 
  
  ### Limit
  
  (2) The total of all payments made under subsection (1), in respect of an initiative specified in column 1 of the schedule, must not exceed the limit specified for that initiative in column 2 of the schedule. 
  
  ### Payment — requisition of Minister of Employment and Social Development
  
  14 (1) There may be paid out of the Consolidated Revenue Fund until March 31, 2021, on the requisition of the Minister of Employment and Social Development, a sum not exceeding $500,000,000 for the purpose of making income support payments under section 4 of the Canada Emergency Response Benefit Act.  
  
  ### For greater certainty
  
  (2) For greater certainty, the payments that may be made out of the Consolidated Revenue Fund under subsection (1) must not include the costs of administering or enforcing the Canada Emergency Response Benefit Act.  
  
  # PART 7 
  
  ###  2017, c. 20, s. 103 
  
  ##  Borrowing Authority Act  
  
  ## Amendments to the Act 
  15 [Amendments] 
  16 [Amendments] 
  17 [Amendments] 
  18 [Amendments] 
  
  ###  R.S., c. F-11 
  
  ## Related Amendment to the Financial Administration Act  
  19 [Amendments] 
  
  