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Annex 3
Legislative Measures
This annex includes a number of measures (other than tax-related measures) that would be implemented through legislation.
| Subject of the Measure | Proposed Legislative Action |
|---|---|
| Permanently eliminating interest on student loans | In FES 2022, the government proposes to amend the Canada Student Financial Assistance Act, the Canada Student Loans Act and the Apprentice Loans Act to make new loans and outstanding loan balances interest-free. |
| Lunar Gateway | In FES 2022, the government proposes to introduce legislative amendments which build on those first proposed in Budget 2022 to enable Canada’s participation in the Lunar Gateway. This includes proposed amendments to the Government Employees Compensation Act to supportratification of the Canada-U.S. Lunar Gateway Agreement and fulfillment of Canada’s legal commitments under the Agreement. |
| Canada Growth Fund | In FES 2022, the government proposes to introduce legislation to enable the Minister of Finance to requisition amounts from the Consolidated Revenue Fund in order to capitalize the Canada Growth Fund, a new government investment fund that will catalyze private-sector investment to meet Canada’s climate and economic objectives. |
| Bretton Woods and Related Agreements Act | In FES 2022, the government proposes amendments to the Bretton Woods and Related Agreements Act to adjust the limit on the amount of financial assistance that can be provided to foreign states under this Act. |
| First Nations Land Management Act | In FES 2022, the government proposes to replace the First Nations Land Management Act with the Framework Agreement on First Nation Land Management Act, concise legislation that will give force of law to the Framework Agreement on First Nation Land Management and make consequential amendments to other Acts to reflect this change. |
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