25. The council may use the funds put at its disposal under this Act to make short-term investments(1) in securities issued or guaranteed by the government of Canada, of Québec or of another Canadian province;
(2) in securities issued by the municipalities of Québec;
(3) in deposits with a bank or financial institution registered with the Agence nationale d’encadrement du secteur financier pursuant to the Deposit Insurance Act (chapter A-26), or in certificates, notes or other short-term securities or instruments issued or guaranteed by a bank or financial institution.