Budget 2025 Implementation Act, No. 1 (S.C. 2026, c. 3)

145 [Amendments]

146 [Amendments]

1999, c. 17; 2005, c. 38, s. 35Canada Revenue Agency Act

147 [Amendments]

2002, c. 9, s. 5Air Travellers Security Charge Act

148 [Amendments]

2002, c. 22Excise Act, 2001

149 [Amendments]

150 [Amendments]

2022, c. 5, s. 10Underused Housing Tax Act

151 [Amendments]

2022, c. 10, s. 135Select Luxury Items Tax Act

152 [Amendments]

153 [Amendments]

154 [Amendments]

155 [Amendments]

156 [Amendments]

2024, c. 17, s. 81Global Minimum Tax Act

157 [Amendments]

158 [Amendments]

PART 3Amendments to the Excise Tax Act (GST/HST), the Underused Housing Tax Act, the Select Luxury Items Tax Act and Other Related Texts

DIVISION 1GST/HST Measures

R.S., c. E-15Excise Tax Act

159 [Amendments]

160 [Amendments]

161 [Amendments]

162 [Amendments]

163 [Amendments]

SOR/2024-157Real Property (GST/HST) Regulations

164 [Amendments]

165 [Amendments]

166 [Amendments]

DIVISION 2Underused Housing Tax Measures

2022, c. 5, s. 10Underused Housing Tax Act

Amendments to the Act

167 [Amendments]

168 [Amendments]

Repeals

Marginal note:Repeal

• The following provision is not in force.

  169 (1) The Underused Housing Tax Act, section 10 of chapter 5 of the Statutes of Canada, 2022, is repealed.

• (2) Subsection (1) comes into force on January 1, 2035.

Marginal note:Repeal

• The following provision is not in force.

  170 (1) The Underused Housing Tax Regulations, section 116 of chapter 19 of the Statutes of Canada, 2022, are repealed.

• (2) Subsection (1) comes into force on January 1, 2035.

DIVISION 3Select Luxury Items Tax Measures

2022, c. 10, s. 135Select Luxury Items Tax Act

171 [Amendments]

172 [Amendments]

173 [Amendments]

174 [Amendments]

Select Luxury Items Tax Regulations

Making of Regulations

175 [Amendments]

Coming into Force

Marginal note:September 1, 2022

• 176 (1) Parts 1 and 3 to 5 of the Select Luxury Items Tax Regulations, as made by section 175, are deemed to have come into force on September 1, 2022.

• Marginal note:August 5, 2023

  (2) Part 2 of the Select Luxury Items Tax Regulations, as made by section 175, is deemed to have come into force on August 5, 2023.

• Marginal note:Authority and Statutory Instruments Act

  (3) The Select Luxury Items Tax Regulations, as made by section 175, are deemed

  • (a) to have been made under section 154 of the Select Luxury Items Tax Act;

  • (b) for the purposes of subsection 5(1) of the Statutory Instruments Act, to have been transmitted to the Clerk of the Privy Council for registration; and

  • (c) to have met the publication requirements of subsection 11(1) of the Statutory Instruments Act.

PART 42003, c. 15, s. 67First Nations Goods and Services Tax Act

Amendments to the Act

177 [Amendments]

178 [Amendments]

179 [Amendments]

180 [Amendments]

181 [Amendments]

182 [Amendments]

183 [Amendments]

184 [Amendments]

185 [Amendments]

186 [Amendments]

187 [Amendments]

188 [Amendments]

Consequential Amendments

R.S., c. E-15Excise Tax Act

189 [Amendments]

R.S., c. F-8; 1995, c. 17, s. 45(1)Federal-Provincial Fiscal Arrangements Act

190 [Amendments]

PART 5Various Measures

DIVISION 1High-Speed Rail Network Act

Enactment of Act

191 [Amendments]

Amendment to the Act

R.S., c. A-1Consequential Amendment to the Access to Information Act

193 [Amendments]

Coming into Force

Marginal note:Order in council

Footnote ^*194 Section 192 comes into force on a day to be fixed by order of the Governor in Council.

• Return to footnote ^*[Note: Section 192 not in force.]

DIVISION 2R.S., c. C-10Canada Post Corporation Act

Amendments to the Act

Coming into Force

Marginal note:Order in council

Footnote ^*199 This Division comes into force on a day to be fixed by order of the Governor in Council.

• Return to footnote ^*[Note: Division 2 not in force.]

DIVISION 3Build Canada Homes

Marginal note:Consolidated Revenue Fund — Build Canada Homes

200 The Minister of Housing, with the concurrence of the Minister of Finance, may make payments out of the Consolidated Revenue Fund in an aggregate amount not exceeding $11.5 billion, or any other amount that is specified in an appropriation Act or any other Act of Parliament, to fund the operations and activities of the portion of the federal public administration known as Build Canada Homes or of any other entity designated by the Governor in Council on the recommendation of the Minister of Housing.

Marginal note:Consolidated Revenue Fund — Canada Lands Company Limited

• 201 (1) The Minister of Housing may make payments out of the Consolidated Revenue Fund in an aggregate amount not exceeding $1.515 billion, or any other amount that is specified in an appropriation Act or any other Act of Parliament, to

  • (a) make a contribution of capital to Canada Lands Company Limited or purchase shares in Canada Lands Company Limited on behalf of His Majesty; or

  • (b) fund the operations and activities of any entity designated by the Governor in Council on the recommendation of the Minister of Housing.

• Marginal note:Contracts

  (2) For the purposes of paragraph (1)(a), Canada Lands Company Limited may enter into contracts with His Majesty as though it were not an agent of His Majesty.

DIVISION 4 2017, c. 20, s. 403Canada Infrastructure Bank Act

202 [Amendments]

DIVISION 52015, c. 12Red Tape Reduction Act

Amendments to the Act

203 [Amendments]

204 [Amendments]

205 [Amendments]

206 [Amendments]

207 [Amendments]

208 [Amendments]

Coordinating Amendments

Marginal note:2018, c. 12

• 209 (1) [Amendments]

• (2) [Amendments]

• (3) [Amendments]

DIVISION 6R.S., c. P-36Public Service Superannuation Act (Operational Service)

Amendments to the Act

Coming into Force

Marginal note:Order in council

Footnote ^*216 This Division comes into force on a day to be fixed by order of the Governor in Council.

• Return to footnote ^*[Note: Division 6 not in force.]

DIVISION 7R.‍S.‍, c. P-36Public Service Superannuation Act (Workforce Reduction)

Amendments to the Act

217 [Amendments]

218 [Amendments]

219 [Amendments]

C.R.C., c. 945Related Amendment to the Income Tax Regulations

221 [Amendments]

Coming into Force

Marginal note:January 15, 2026 or royal assent

• 222 (1) Sections 217 to 219 and 221 come into force on the later of the day on which this Act receives royal assent and January 15, 2026.

• Marginal note:121st day after the coming into force of section 217

  (2) Section 220 comes into force on the 121st day after the day on which section 217 comes into force.

DIVISION 81993, c. 14; 2001, c. 22, s. 2Farm Credit Canada Act

223 [Amendments]

DIVISION 9Consumer-Driven Banking

Consumer-Driven Banking Act

224 [Amendments]

Related Amendments

R.S., c. A-1Access to Information Act

225 [Amendments]

2001, c. 9Financial Consumer Agency of Canada Act

226 [Amendments]

227 [Amendments]

228 [Amendments]

229 [Amendments]

230 [Amendments]

231 [Amendments]

232 [Amendments]

233 [Amendments]

234 [Amendments]

235 [Amendments]

236 [Amendments]

237 [Amendments]

238 [Amendments]

239 [Amendments]

240 [Amendments]

241 [Amendments]

242 [Amendments]

243 [Amendments]

2024, c. 17Budget Implementation Act, 2024, No. 1

244 [Amendments]

245 [Amendments]

Repeal

Marginal note:Repeal

246 The Consumer-Driven Banking Act, section 198 of chapter 17 of the Statutes of Canada, 2024, is repealed.

DIVISION 10Legislation Related to Financial Institutions (Sunset Provisions)

1991, c. 45Trust and Loan Companies Act

247 [Amendments]

1991, c. 46Bank Act

248 [Amendments]