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Budget Implementation Act, 2006 (S.C. 2006, c. 4)

Act current to 2024-11-26 and last amended on 2013-12-12. Previous Versions

Budget Implementation Act, 2006

S.C. 2006, c. 4

Assented to 2006-06-22

An Act to implement certain provisions of the budget tabled in Parliament on May 2, 2006

Her Majesty, by and with the advice and consent of the Senate and House of Commons of Canada, enacts as follows:

Short Title

Marginal note:Short title

 This Act may be cited as the Budget Implementation Act, 2006.

PART 1Amendments Relating to the GST/HST Rate Reduction

Amendments Relating to the GST/HST

Excise Tax Act

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 [Amendment]

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Related Amendments

Air Travellers Security Charge Act

 [Amendments]

Amendments Relating to the Taxation of Tobacco Products

Excise Act, 2001

 [Amendment]

 [Amendments]

 [Amendment]

 [Amendment]

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 [Amendment]

 [Amendment]

 [Amendments]

Application

 For the purposes of applying the provisions of the Customs Act that provide for the payment of, or the liability to pay, interest in respect of any amount, the amount shall be determined and interest shall be computed on it as though sections 37 to 41 had come into force on July 1, 2006.

Amendments Relating to Alcohol Products

Excise Act

 [Amendment]

Excise Act, 2001

 [Amendments]

 [Amendments]

 [Amendment]

 [Amendment]

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Application

 For the purposes of applying the provisions of the Customs Act and the Excise Act that provide for the payment of, or the liability to pay, interest in respect of any amount, the amount shall be determined and interest shall be computed on it as though sections 43, 48 and 49 had come into force on July 1, 2006.

PART 2Amendments to the Income Tax Act

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PART 3Amendments Relating to Excise Tax on Jewellery, Etc.

Excise Tax Act

 [Amendment]

Budget Implementation Act, 2005

 [Amendment]

PART 4Amendments Relating to Aboriginal Tax Powers and Aboriginal Tax Treatment

First Nations Goods and Services Tax Act

 [Amendment]

 [Amendments]

 [Amendment]

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Yukon First Nations Self-Government Act

 [Amendment]

PART 5Other Tax-related Amendments

Air Travellers Security Charge Act

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Excise Act, 2001

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Excise Tax Act

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Income Tax Act

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Conditional Amendment

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PART 6Universal Child Care Benefit

Enactment of Act

Marginal note:Enactment of Act

 The Universal Child Care Benefit Act is enacted as follows:

[See Universal Child Care Benefit Act]

Consequential And Related Amendments

Children’s Special Allowances Act

 [Amendment]

 [Amendment]

 [Amendment]

Employment Insurance Act

 [Amendment]

Income Tax Act

 [Amendment]

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 [Amendment]

 [Amendment]

Old Age Security Act

 [Amendment]

Coming Into Force

Marginal note:Coming into force

Footnote * This Part, other than sections 173 to 179, comes into force, or is deemed to have come into force, on July 1, 2006.

PART 7Amendments to the Federal-Provincial Fiscal Arrangements Act

 [Amendment]

 [Amendments]

 [Amendment]

 [Amendment]

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PART 8Payments to Provinces and Territories

Marginal note:Payment of $650,000,000

  •  (1) From and out of the Consolidated Revenue Fund, there may, on the requisition of the Minister of Human Resources and Skills Development, be paid to the provinces a payment in the amount of $650,000,000 for the fiscal year beginning on April 1, 2006, in respect of early learning and child care.

  • Marginal note:Provincial allocation

    (2) The payment referred to in subsection (1) shall be allocated to the provinces as follows:

    • (a) to Ontario, $252,933,933.35;

    • (b) to Quebec, $152,740,663.90;

    • (c) to Nova Scotia, $18,743,350.65;

    • (d) to New Brunswick, $15,028,068.42;

    • (e) to Manitoba, $23,683,368.44;

    • (f) to British Columbia, $85,920,064.72;

    • (g) to Prince Edward Island, $2,762,632.45;

    • (h) to Saskatchewan, $19,863,918.85;

    • (i) to Alberta, $65,973,415.33;

    • (j) to Newfoundland and Labrador, $10,266,477.67;

    • (k) to Yukon, $619,370.20;

    • (l) to the Northwest Territories, $862,067.75; and

    • (m) to Nunavut, $602,668.27.

Marginal note:Payment to territories

 From and out of the Consolidated Revenue Fund, there may, on the requisition of the Minister of Finance, be paid to the territories the following payments for the fiscal year beginning on April 1, 2006:

  • (a) to Yukon, $10,900,000;

  • (b) to the Northwest Territories, $18,000,000; and

  • (c) to Nunavut, $17,500,000.

PART 9[Repealed, 2011, c. 15, s. 21]

 [Repealed, 2011, c. 15, s. 21]

 [Repealed, 2011, c. 15, s. 21]

 [Repealed, 2011, c. 15, s. 21]

 [Repealed, 2011, c. 15, s. 21]

 [Repealed, 2006, c. 4, s. 198]

 [Repealed, 2011, c. 15, s. 21]

 [Repealed, 2011, c. 15, s. 21]

PART 10Amendments Relating to Financial Institutions

Bank Act

 [Amendment]

 [Amendment]

Cooperative Credit Associations Act

 [Amendment]

Insurance Companies Act

 [Amendment]

 [Amendment]

Trust and Loan Companies Act

 [Amendment]

PART 11Amendments Relating to Pensions

Canadian Forces Superannuation Act

 [Amendment]

Public Service Superannuation Act

 [Amendment]

 [Amendment]

Royal Canadian Mounted Police Superannuation Act

 [Amendment]

Coming into Force

Marginal note:Coming into force

 This Part comes into force on January 1, 2008.

PART 12Mackenzie Gas Project Impacts Act

Enactment of Act

Marginal note:Enactment of Act

 The Mackenzie Gas Project Impacts Act, whose text is as follows and whose schedule is set out in Schedule 2 to this Act, is hereby enacted:

[See Mackenzie Gas Project Impacts Act]

Payments

 [Repealed, 2013, c. 40, s. 286]

Consequential Amendments

Access to Information Act

 [Amendment]

Financial Administration Act

 [Amendment]

Privacy Act

 [Amendment]

Coming Into Force

Marginal note:Order in Council

Footnote * Sections 208 to 212 come into force on a day to be fixed by order of the Governor in Council.

PART 13Miscellaneous Amendments

European Bank for Reconstruction and Development Agreement Act

 [Amendment]

 [Amendment]

Freshwater Fish Marketing Act

 [Amendment]

Public Sector Pension Investment Board Act

 [Amendment]

SCHEDULE 1

[Amendment]

SCHEDULE 2(Section 208)

[See Mackenzie Gas Project Impacts Act]

RELATED PROVISIONS


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