Falconbridge Limited Acquisition Act

An Act respecting the acquisition of Falconbridge Limited by Xstrata PLC

This bill was last introduced in the 40th Parliament, 3rd Session, which ended in March 2011.

This bill was previously introduced in the 40th Parliament, 2nd Session.

Sponsor

Claude Gravelle  NDP

Introduced as a private member’s bill. (These don’t often become law.)

Status

Introduced, as of Dec. 7, 2009
(This bill did not become law.)

Summary

This is from the published bill. The Library of Parliament often publishes better independent summaries.

This enactment requires the Government of Canada to publish in the Canada Gazette

(a) all written undertakings given to Her Majesty in right of Canada under the Investment Canada Act in respect of the acquisition of Falconbridge Limited by Xstrata PLC in 2006; and

(b) all demands made by the Minister of Industry in respect of those undertakings.

Elsewhere

All sorts of information on this bill is available at LEGISinfo, provided by the Library of Parliament. You can also read the full text of the bill.

Falconbridge Limited Acquisition Act
Routine Proceedings

December 7th, 2009 / 3:10 p.m.
See context

NDP

Claude Gravelle Nickel Belt, ON

moved for leave to introduce Bill C-490, An Act respecting the acquisition of Falconbridge Limited by Xstrata PLC.

Mr. Speaker, it is my pleasure to introduce a private member's bill respecting the acquisition of Falconbridge by Xstrata PLC.

Xstrata acquired Canadian mining company Falconbridge in July 2006. At the time, Xstrata promised Industry Canada that it would not lay off any Canadian workers for three years, but that did not prevent it from firing 686 employees. In the House of Commons, I asked the Minister of Industry to make the agreements in question public, and I also asked the government under the Access to Information Act, but have so far received no response.

I am therefore introducing this bill to publish the details of the agreement signed with Xstrata and all correspondence exchanged between the minister and the company about enforcement of that agreement.

(Motions deemed adopted, bill read the first time and printed)