Government of Canada / Gouvernement du Canada
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Business Development Bank of Canada Act

Version of section 22 from 2002-12-31 to 2011-11-28:

Marginal note:Powers

 The Bank may

  • (a) accept deposits as security for the due performance of any arrangement or agreement with the Bank;

  • (b) determine and charge interest and any other form of compensation for services provided by the Bank in the exercise of its powers under this Act;

  • (c) procure the incorporation, dissolution or amalgamation of subsidiaries and acquire or dispose of any shares in them;

  • (d) acquire and dispose of any interest in any entity by any means;

  • (e) acquire, hold, exchange, lease, sell or otherwise dispose of any interest in real or personal property and retain and use the proceeds of disposition; and

  • (f) generally, do all other things that are incidental or conducive to attaining the purpose of this Act and the exercise of the powers of the Bank.

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