Centralized Supply Chain Ontario (“Supply Ontario”) is a corporation without share capital established pursuant to On... (O.C. 1487/2021) (oc-14872021)
O.C. 1487/2021
Ontario — Orders in Council
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Order in Council 1487/2021
On the recommendation of the undersigned, the Lieutenant Governor of Ontario, by and with the advice and concurrence of the Executive Council of Ontario, orders that:
Whereas Centralized Supply Chain Ontario (“Supply Ontario”) is a corporation without share capital established pursuant to Ontario Regulation 612/20 (Centralized Supply Chain Ontario) under the Supply Chain Management Act (Government, Broader Public Sector and Health Sector Entities), 2019;
And
whereas pursuant to paragraph 2 of subsection 4(3) of Ontario Regulation 612/20 under the Supply Chain Management Act (Government, Broader Public Sector and Health Sector Entities), 2019, S.O. 2019, c. 15, Sched. 37, Supply Ontario requires the approval of the Lieutenant Governor in Council to borrow money;
And
whereas Supply Ontario requires a corporate credit card for operational purposes;
And
whereas the Lieutenant Governor in Council considers it reasonable and appropriate for Supply Ontario to enter into an agreement with the Bank of Montreal ( BMO ) to borrow money through a corporate credit card program;
And
whereas it is considered desirable to authorize Supply Ontario to borrow money from the Bank of Montreal through a corporate credit card program;
Ministry of Government and Consumer Services
Approved and Ordered:
October 28, 2021
Updated: June 29, 2022
Published: November 12, 2021