An Act to amend the Financial Administration Act (borrowing of money)

This bill was last introduced in the 41st Parliament, 1st Session, which ended in September 2013.

Status

Report stage (Senate), as of June 26, 2013
(This bill did not become law.)

Summary

This is from the published bill. The Library of Parliament often publishes better independent summaries.

This enactment amends Part IV (Public Debt) of the Financial
Administration Act to restrict the circumstances in which the Governor in Council may authorize the borrowing of money without legislative approval.

Elsewhere

All sorts of information on this bill is available at LEGISinfo, an excellent resource from the Library of Parliament. You can also read the full text of the bill.