OIC Number: 2025 - 63

Date of Order: Mar 04, 2025

Statute: Public Service Act Finance Act

OIC Text: The Governor in Council on the report and recommendation of the Minister of Health and Wellness dated January 2, 2025, and pursuant to

Section 6 of

Chapter 376 of the Revised Statutes of Nova Scotia, 1989, the Public Service Act , and

Section 77 of

Chapter 2 of the Acts of 2010, the Finance Act , is pleased, effective on and after March 4, 2025, to: (

a) approve the Minister of Health and Wellness to enter into an agreement appointing His Majesty the King in Right of the Province of British Columbia as the Collateral Agent to act on behalf of and for the benefit of the parties to the Agreement, including His Majesty the King in Right of the Province of Nova Scotia, to enforce as against Purdue Pharma, Purdue Pharma Inc., and Purdue Frederick Inc. the terms of the Canadian Governments Opioid Health Care Costs Recovery National Settlement Agreement and accompanying Security Agreement, made on May 17, 2022, substantially in the form of agreement set forth in Appendix “A” attached to and forming part of the Report and Recommendation, subject only to such variations as do not materially change the agreement; and (

b) authorize the Minister of Health and Wellness to enter into a net debt obligation in the form of an indemnity for the purpose of the agreement described in paragraph (a).

Department(s): Health and Wellness