Orders in Council Database

Under the authority of the Loan Act, 2022 and sections 38 and 43 of the Financial Administration Act, the Lieutenant-Governor in Council is pleased to:

a) move that the Lieutenant-Governor in Council raise by way of loan upon the credit of the Province for those sums of money for the Consolidated Revenue Fund, not to exceed an aggregate amount of $2,700,000,000 Canadian dollars, as may be required from time to time by the Minister of Finance or the Deputy Minister of Finance; and

b) appoint the Minister of Finance and the Deputy Minister of Finance as the agents of the government for the purpose of negotiating borrowings not to exceed an aggregate amount of $2,700,000,000 Canadian dollars on such terms and conditions as to form, rates of interest, and terms to maturity as the Minister of Finance or the Deputy Minister of Finance may determine.