Business Development Bank of Canada Act

Marginal note:Powers

22 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.