Orders in Council Database

Under the authority of section 26(4) of the Financial Administration Act, the Lieutenant Governor in Council is pleased to authorize the Department of Business to pre-commit funding of $4 million against its budgetary appropriations under the Business Attraction Fund in each of the next three fiscal years (i.e. 2010/11, 2011/12, 2012/13) to facilitate project awards by the Business Attraction Fund Committee, subject to Ministerial approval, for projects valued at less than $500,000 as follows:

i)  $1.0 million for grants under Special Initiatives – Investment Attraction relating to the Business Attraction Fund (Current); and

ii)  $3.0 million for loans, advances and investments under the Business Attraction Fund (Capital).