Bill C-285 (Historical)

An Act to amend the Canada Mortgage and Housing Corporation Act (profits distributed to provinces)

This bill was last introduced in the 39th Parliament, 1st Session, which ended in October 2007.

Sponsor

Christiane Gagnon  Bloc

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

Status

Not active, as of May 15, 2006
(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 Canada Mortgage and Housing Corporation to distribute any surplus from its reserve fund to the provinces for social and affordable housing purposes, to encourage the supply of quality housing at affordable prices, to increase housing choices for the people in the provinces and to contribute to the creation and development of housing cooperatives.

Elsewhere

All sorts of information on this bill is available at LEGISinfo, an excellent resource from the Library of Parliament. You can also read the full text of the bill.

Votes

Nov. 28, 2006 Failed That the Bill be now read a second time and referred to the Standing Committee on Human Resources, Social Development and the Status of Persons with Disabilities.

Canada Mortgage and Housing Corporation ActPrivate Members' Business

October 3rd, 2006 / 5:40 p.m.
See context

Bloc

Christiane Gagnon Bloc Québec, QC

moved that Bill C-285, An Act to amend the Canada Mortgage and Housing Corporation Act (profits distributed to provinces), be read the second time and referred to a committee.

Canada Mortgage and Housing Corporation ActRoutine Proceedings

May 15th, 2006 / 3:10 p.m.
See context

Bloc

Christiane Gagnon Bloc Québec, QC

moved for leave to introduce Bill C-285, An Act to amend the Canada Mortgage and Housing Corporation Act (profits distributed to provinces).

Mr. Speaker, for the 39th Parliament, I have chosen to introduce a bill that was introduced by the Bloc Québécois last year requiring the Canada Mortgage and Housing Corporation to distribute a portion of any surplus from its reserve fund for the construction of social housing.

I would like to remind the House that the CMHC is not a private business—it is a crown corporation. It is utterly immoral for the CMHC to accumulate $4 billion in profits when there is a lack of social and affordable housing.

I invite the Conservative Party to vote for this bill. We must do more than what was promised in the latest budget.

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