Canada Pension Plan Investment Board Act

Marginal note:Definitions

2 The definitions in this section apply in this Act.

appropriate provincial Minister

appropriate provincial Minister, in respect of a province, means the province’s minister of the Crown who has primary responsibility for that province’s finances. (ministre provincial compétent)

Board

Board means the Canada Pension Plan Investment Board established by section 3. (Office)

by-law

by-law means a by-law of the Board. (Version anglaise seulement)

court

court means

• (a) in the Province of Ontario, the Ontario Court (General Division);

• (b) in the Province of Quebec, the Superior Court of the Province;

• (c) in the Provinces of Nova Scotia and British Columbia, the Supreme Court of the Province;

• (d) in the Provinces of New Brunswick, Manitoba, Saskatchewan and Alberta, the Court of Queen’s Bench for the Province;

• (e) in the Provinces of Prince Edward Island and Newfoundland, the trial division of the Supreme Court of the Province; and

• (f) the Supreme Court of Yukon, the Supreme Court of the Northwest Territories and the Nunavut Court of Justice. (tribunal)

designated security

designated security means

• (a) an obligation

  • (i) that, before April 1, 1998, was held to the credit of the Canada Pension Plan Investment Fund, as established under subsection 109(1) of the Canada Pension Plan,

  • (ii) that, as applied to Canada, is an obligation of the Government of Canada and, as applied to a province, is an obligation of the government of the province or an obligation of any agent of Her Majesty in right of the province that is guaranteed as to principal and interest by that government, and

  • (iii) that complies with the conditions that were set out in section 111 of the Canada Pension Plan as that section read immediately before April 1, 1998; or

• (b) an obligation that

  • (i) on or after April 1, 1998, was purchased by the Minister of Finance under section 110 of the Canada Pension Plan or is purchased by the Board under section 6.1, and

  • (ii) is an obligation of the government of a province or an obligation of any agent of Her Majesty in right of a province that is guaranteed as to principal and interest by that government. (titre désigné)

entity

entity means a body corporate, a trust, a partnership, a fund, an unincorporated association or organization, Her Majesty in right of Canada or of a province or an agency of Her Majesty in right of Canada or of a province and the government of a foreign country or any political subdivision or agency of the government of a foreign country. (entité)

Minister

Minister means the Minister of Finance. (ministre)

participating province

participating province means a province other than

• (a) a territory; and

• (b) a province providing a comprehensive pension plan as defined in subsection 3(1) of the Canada Pension Plan. (province participante)

subsidiary

subsidiary means a corporation that is wholly owned by the Board directly or indirectly through any number of subsidiaries each of which is wholly owned directly or indirectly by the Board. (filiale)