C-314160Elizabeth II2011An Act to implement certain provisions of the 2011 budget as updated on June 6, 2011Supporting Vulnerable Seniors and Strengthening Canada’s Economy ActSupporting Vulnerable Seniors and Strengthening Canada’s Economy20196
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S-25.515201190613Her Majesty, by and with the advice and consent of the Senate and House of Commons of Canada, enacts as follows:Short TitleShort titleThis Act may be cited as the Supporting Vulnerable Seniors and Strengthening Canada’s Economy Act.Amendments to the Income Tax Act, a Related Act and a Related RegulationIncome Tax Act[Amendments][Amendments]Canada Disability Savings Act[Amendment][Amendment][Amendment]Canada Disability Savings Regulations[Amendment][Amendment]Measures Relating to Excise Duties and Sales and Excise TaxesExcise Act, 2001[Amendment]Excise Tax Act[Amendment][Amendment][Amendments]Old Age Security Act[Amendment][Amendment]PaymentsGenome CanadaMaximum payment of $65,000,000There 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 FoundationMaximum payment of $20,000,000There 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.Auditor General Act[Amendment]Canada Student Financial Assistance ActAmendments to the Act[Amendments]Coming into ForceOrder in councilSection 18 comes into force on a day to be fixed by order of the Governor in Council.[Note: Section 18 in force January 1, 2012, see SI/2011-112.]Mortgage or Hypothecary InsuranceEnactment of Protection of Residential Mortgage or Hypothecary Insurance ActEnactmentThe Protection of Residential Mortgage or Hypothecary Insurance Act is enacted as follows:[See Protection of Residential Mortgage or Hypothecary Insurance Act]Consequential AmendmentsBudget Implementation Act, 2006[Amendment]National Housing Act[Amendment][Amendment][Amendment]Office of the Superintendent of Financial Institutions Act[Amendment]Coming into ForceOrder in councilThis Part comes into force on a day to be fixed by order of the Governor in Council.[Note: Sections 22 to 24 in force June 29, 2012, see 2012, c. 19, s. 359; Part 7, other than sections 22 to 24, in force January 1, 2013, see SI/2012-87.]Federal-Provincial Fiscal Arrangements Act[Amendment][Amendment][Amendment]Insurance Companies Act[Amendment][Amendment]Assessment of Financial Institutions Regulations, 2001Amendment to the Regulations[Amendment]Validation[Transitional Provision]Financial Administration ActAmendments to the Act[Amendment][Amendment]Coming into ForceJune 1, 2011Section 35 is deemed to have come into force on June 1, 2011.Canada Shipping Act, 2001Amendments to the Act[Amendment][Amendment][Amendments][Amendment][Amendment][Amendment][Amendments][Amendment]Consequential Amendment to the Coasting Trade Act[Amendment]