PC Number: 2005-0451

Date: 2005-03-24


                     Her Excellency the Governor General in Council, on the recommendation of the Minister of Industry, pursuant to subsection 6(4) of the Business Development Bank of Canada Act, hereby approves the appointment by the Minister of Industry of the following persons as directors of the Board of Directors of the Business Development Bank of Canada to hold office during pleasure for a term of three years:


                     Valerie A. Payn

                     Bedford, Nova Scotia

                     in the place of Jennifer Corson, whose

                       term has expired


                     Leo Ledohowski

                     Winnipeg, Manitoba

                     in the place of Leo Cholakis, whose

                       term has expired



                     Sur recommandation du ministre de l’Industrie et en vertu du paragraphes 6(4) de la Loi sur la Banque de développement du Canada, Son Excellence la Gouverneure générale en conseil approuve la nomination par le ministre de l’Industrie des personnes suivantes, administrateurs du conseil d’administration de la Banque de développement du Canada à titre amovible pour un mandat de trois ans :


                     Valerie A. Payn

                     Bedford (Nouvelle-Écosse)

                     en remplacement de Jennifer Corson, dont

                       le mandat a pris fin


                     Leo Ledohowski

                     Winnipeg (Manitoba)

                     en remplacement de Leo Cholakis, dont

                       le mandat a pris fin