An Act to amend the Canada Business Corporations Act (qualification of auditor)

This bill was last introduced in the 37th Parliament, 3rd Session, which ended in May 2004.

Sponsor

Pat Martin  NDP

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

Status

Not active, as of April 26, 2004
(This bill did not become law.)

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.

Canada Business Corporations ActRoutine Proceedings

April 26th, 2004 / 3:05 p.m.
See context

NDP

Pat Martin NDP Winnipeg Centre, MB

moved for leave to introduce Bill C-517, an act to amend the Canada Business Corporations Act (qualification of auditor).

Mr. Speaker, in the interests of good corporate governance and in trying to restore investor confidence in our equity stock markets, I am introducing this bill that would change the Canada Business Corporations Act so that an auditor would be unable to provide other financial services to a company that he or she was auditing. In other words, the bill would ensure the independence of auditors who provide the financial statements on a business.

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