Bill C-332 (Historical)

An Act to amend the Canada Business Corporations Act (annual financial statements)

This bill is from the 39th Parliament, 2nd session, which ended in September 2008.

Sponsor

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

Status

Outside the Order of Precedence (a private member's bill that hasn't yet won the draw that determines which private member's bills can be debated), as of Oct. 16, 2007
(This bill did not become law.)

Summary

This is from the published bill.

This enactment requires the auditor’s report that is to be placed before the shareholders of a corporation in accordance with subsection 155(1) of the Canada Business Corporations Act to include information regarding any other professional services provided by the auditor to the corporation.

Similar bills

C-259 (40th Parliament, 3rd session) An Act to amend the Canada Business Corporations Act (annual financial statements)

C-259 (40th Parliament, 2nd session) An Act to amend the Canada Business Corporations Act (annual financial statements)

C-332 (39th Parliament, 1st session) An Act to amend the Canada Business Corporations Act (annual financial statements)

C-222 (38th Parliament, 1st session) An Act to amend the Canada Business Corporations Act (annual financial statements)

C-518 (37th Parliament, 3rd session) An Act to amend the Canada Business Corporations Act (annual financial statements)

C-254 (37th Parliament, 2nd session) An Act to amend the Canada Business Corporations Act

C-448 (37th Parliament, 1st session) An Act to amend the Canada Business Corporations Act

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.

Bill numbers are reused for different bills each new session. Perhaps you were looking for one of these other C-332s:

C-332 (2023) An Act to amend the Criminal Code (coercive control of intimate partner)

C-332 (2016) United Nations Declaration on the Rights of Indigenous Peoples Reporting Act

C-332 (2013) An Act to change the name of the electoral district of Western Arctic

C-332 (2011) An Act to change the name of the electoral district of Western Arctic

C-332 (2010) An Act to amend the Criminal Code (review of parole ineligibility) and to amend other Acts in consequence

C-332 (2009) An Act to amend the Criminal Code (review of parole ineligibility) and to amend other Acts in consequence

Other House mentions

Canada Business Corporations ActRoutine Proceedings

June 19th, 2006 / 3:15 p.m.

See context

NDP

Pat Martin NDP Winnipeg Centre, MB

moved for leave to introduce Bill C-332, An Act to amend the Canada Business Corporations Act (annual financial statements).

Mr. Speaker, white collar crime is a blue collar issue in that all of us need to trust the annual financial statements of the companies where our pension plans are invested. Annual financial statements lack clarity and there is a mystique associated with them that makes it impossible for trustees on employee benefit plans to fulfill their fiduciary obligations adequately.

The bill calls for plain language. It calls for an expensing of stock options. For instance, when corporation executives are paid through stock options there should be a clear column in those financial statements to indicate the liability of the company associated with those stock options. This is about making annual financial statements user friendly for working people.

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