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Canada Mortgage and Housing Corporation Act (R.S.C., 1985, c. C-7)

Act current to 2024-05-14 and last amended on 2020-03-25. Previous Versions

PART IIIAudit and General (continued)

General (continued)

Marginal note:Approval of Governor in Council on recommendation of Minister

 Notwithstanding section 17, where under the Housing Acts any act, matter or thing to be done by the Minister requires the approval of the Governor in Council or where the Governor in Council may make any orders or regulations on the recommendation of the Minister, the approval may be given or the orders or regulations may be made on a recommendation of the Minister.

  • R.S., c. C-16, s. 37

Marginal note:Assistance from government services

 The minister of any department or the officer in charge of any other portion of the Government of Canada, or any agent of Her Majesty in right of Canada, may, on request of the Corporation and with the approval of the Governor in Council, agree to assist the Corporation on such terms and conditions as may be approved by the Governor in Council by providing such services as the Executive Committee may deem advisable for carrying out the business of the Corporation.

  • R.S., c. C-16, s. 38

Marginal note:Deposit accounts

  •  (1) The Corporation may maintain in its own name one or more accounts with the Bank of Canada.

  • Marginal note:Interest may be paid

    (2) The Bank of Canada may pay interest on any money that the Corporation deposits with it.

  • 2016, c. 12, s. 125

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