<?xml version="1.0"?><Regulation lims:pit-date="2025-03-14" lims:lastAmendedDate="2025-03-14" lims:current-date="2025-03-17" lims:inforce-start-date="2025-03-14" lims:enacted-date="2025-03-14" lims:fid="1518533" lims:id="1518533" gazette-part="II" regulation-type="SI" xml:lang="en" xmlns:lims="http://justice.gc.ca/lims"><Identification lims:inforce-start-date="2025-03-14" lims:enacted-date="2025-03-14" lims:fid="1518534" lims:id="1518534"><InstrumentNumber>SI/2025-48</InstrumentNumber><RegistrationDate><Date><YYYY>2025</YYYY><MM>3</MM><DD>26</DD></Date></RegistrationDate><ConsolidationDate><Date><YYYY>2025</YYYY><MM>3</MM><DD>18</DD></Date></ConsolidationDate><EnablingAuthority lims:inforce-start-date="2025-03-14" lims:enacted-date="2025-03-14" lims:fid="1518535" lims:id="1518535"><XRefExternal reference-type="act" link="B-9.9">BUSINESS DEVELOPMENT BANK OF CANADA ACT</XRefExternal><XRefExternal reference-type="act" link="F-11">FINANCIAL ADMINISTRATION ACT</XRefExternal></EnablingAuthority><LongTitle lims:inforce-start-date="2025-03-14" lims:enacted-date="2025-03-14" lims:fid="1518536" lims:id="1518536">Order Designating the Minister of Industry as the Designated Minister for the purposes of the Business Development Bank of Canada Act and as the appropriate Minister with respect to the Business Development Bank of Canada for the purposes of the Financial Administration Act</LongTitle><RegulationMakerOrder><RegulationMaker>P.C.</RegulationMaker><OrderNumber>2025-429</OrderNumber><Date><YYYY>2025</YYYY><MM>3</MM><DD>14</DD></Date></RegulationMakerOrder></Identification><Order lims:inforce-start-date="2025-03-14" lims:enacted-date="2025-03-14" lims:fid="1518537" lims:id="1518537"><Provision lims:inforce-start-date="2025-03-14" lims:enacted-date="2025-03-14" lims:fid="1518538" lims:id="1518538" format-ref="indent-0-0" language-align="yes" list-item="no"><Text>Her Excellency the Governor General in Council, on the recommendation of the Prime Minister, under the definition <DefinitionRef>Designated Minister</DefinitionRef> in section 2 of the <XRefExternal reference-type="act" link="B-9.9">Business Development Bank of Canada Act</XRefExternal><FootnoteRef idref="fn_81000-3-2851_hq_1741740274">a</FootnoteRef>, paragraph (d) of the definition <DefinitionRef>appropriate Minister</DefinitionRef> in section 2 of the <XRefExternal reference-type="act" link="F-11">Financial Administration Act</XRefExternal><FootnoteRef idref="fn_81000-3-2851_hq_1741740307">b</FootnoteRef> and subparagraph (a)(ii) of the definition <DefinitionRef>appropriate Minister</DefinitionRef> in subsection 83(1) of the <XRefExternal reference-type="act" link="F-11">Financial Administration Act</XRefExternal><FootnoteRef idref="fn_81000-3-2851_hq_1741740307">b</FootnoteRef>,</Text><Footnote id="fn_81000-3-2851_hq_1741740274" placement="page" status="official"><Label>a</Label><Text>S.C. 1995, c. 28</Text></Footnote><Footnote id="fn_81000-3-2851_hq_1741740307" placement="page" status="official"><Label>b</Label><Text>R.S., c. F-11</Text></Footnote><Provision lims:inforce-start-date="2025-03-14" lims:enacted-date="2025-03-14" lims:fid="1518539" lims:id="1518539" format-ref="indent-1-1"><Label>(a)</Label><Text>repeals Order in Council P.C. 2023-1066 of October 27, 2023<FootnoteRef idref="fn_81000-3-2851_hq_1741740340">c</FootnoteRef>;</Text><Footnote id="fn_81000-3-2851_hq_1741740340" placement="page" status="official"><Label>c</Label><Text>SI/2023-73</Text></Footnote></Provision><Provision lims:inforce-start-date="2025-03-14" lims:enacted-date="2025-03-14" lims:fid="1518540" lims:id="1518540" format-ref="indent-1-1"><Label>(b)</Label><Text>designates the Minister of Industry, a member of the King’s Privy Council for Canada, as the Designated Minister for the purposes of the <XRefExternal reference-type="act" link="B-9.9">Business Development Bank of Canada Act</XRefExternal><FootnoteRef idref="fn_81000-3-2851_hq_1741740274">a</FootnoteRef>; and</Text></Provision><Provision lims:inforce-start-date="2025-03-14" lims:enacted-date="2025-03-14" lims:fid="1518541" lims:id="1518541" format-ref="indent-1-1"><Label>(c)</Label><Text>designates the Minister of Industry, a member of the King’s Privy Council for Canada, as the appropriate Minister with respect to the Business Development Bank of Canada for the purposes of the <XRefExternal reference-type="act" link="F-11">Financial Administration Act</XRefExternal><FootnoteRef idref="fn_81000-3-2851_hq_1741740307">b</FootnoteRef>.</Text></Provision></Provision></Order></Regulation>