Do I require timing code?

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Would I require timeing code in my GUI application? By timing code I mean code which slows a program down so that it runs the same speed on all computers.
The reason I ask is, I think my program may already have timing code. My program is a window with a canvas in it. The canvas gets redrawn 60 times a second via a timer which I have created. So what I'm asking is, does the timer which I have created using CreateTimer(60) run at the same speed on all computers already?