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Canada

4.000% United States Dollar Bonds due March 18, 2030

Canada will pay interest on the bonds semi-annually in arrears on March 18 and September 18 of each year, commencing September 18, 2025. Interest will accrue from March 18, 2025. Canada cannot redeem the bonds prior to maturity unless certain events occur involving Canadian taxation as further described in “Description of Bonds — Maturity, Redemption and Purchases”. The bonds will mature on March 18, 2030.

The bonds will constitute direct unconditional obligations of Canada. The payment of the principal of and interest on the bonds will constitute a charge on and be payable out of the Consolidated Revenue Fund of Canada.

The bonds will contain collective action clauses with provisions regarding future modifications to their terms. Under those provisions, which are described beginning on page S-2 of this prospectus supplement, modifications affecting the reserved matters listed in the bonds, including modifications to payment and other important terms of the bonds, may be made with the consent of the holders of 75% of the aggregate principal amount of bonds then outstanding.

Application has been made for the bonds offered by this prospectus supplement to be admitted to the Official List of the Luxembourg Stock Exchange and for such bonds to be admitted to trading on the Euro MTF Market of the Luxembourg Stock Exchange. Unless the context otherwise requires, references in this prospectus supplement to the bonds being “listed” shall mean that the bonds have been admitted to trading on the Euro MTF Market and have been admitted to the Official List of the Luxembourg Stock Exchange. The Euro MTF Market of the Luxembourg Stock Exchange is not a regulated market for purposes of the Markets in Financial Instruments Directive 2014/65/EU (as amended, “MiFID II”). The Underwriters will purchase all of the bonds if any are purchased.

what can use for basis to relate between canadas laws and the usa. is there law that abide to both countries - Search

What Can Use For Basis to Relate Between Canadas Laws and the Usa. Is There Law That Abide to Both Countries?

The legal systems of Canada and the USA share a common foundation rooted in English common law, which is the basis for both countries' legal frameworks. However, there are significant differences in their legal structures and frameworks. Canada operates under a federal system with a strong federal government, while the USA has a federal republic with a division of power between the federal and state governments. This division of power is reflected in the Constitution Act, 1867 and Constitution Act, 1982 in Canada, and the Constitution of the United States in the USA.
In terms of legal rights, both countries have established Constitutional rights that protect fundamental freedoms, such as the Charter of Rights and Freedoms in Canada and the Bill of Rights in the USA. However, the specifics and interpretations of these rights can vary between the two countries.
For expats and individuals seeking to understand the legal landscape of both countries, it is essential to be aware of these differences and how they impact legal obligations and rights. Understanding the legal systems can help in navigating legal matters, especially when crossing borders or working across jurisdictions.

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