An Act to amend the Income Tax Act (tax credit for loss of retirement income)

This bill is from the 40th Parliament, 2nd session, which ended in December 2009.

Sponsor

André Bellavance  Bloc

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

Status

In committee (House), as of Oct. 28, 2009
(This bill did not become law.)

Similar bills

C-290 (40th Parliament, 3rd session) An Act to amend the Income Tax Act (tax credit for loss of retirement income)

Elsewhere

All sorts of information on this bill is available at LEGISinfo, an excellent resource from 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-290s:

C-290 (2022) Public Sector Integrity Act
C-290 (2021) Soil Conservation Act
C-290 (2016) Modernizing Access to Product Information Act
C-290 (2013) An Act to amend the Criminal Code (sports betting)

Votes

Oct. 28, 2009 Passed That the Bill be now read a second time and referred to the Standing Committee on Finance.

Income Tax ActRoutine Proceedings

February 5th, 2009 / 10:20 a.m.

Bloc

André Bellavance Bloc Richmond—Arthabaska, QC

moved for leave to introduce Bill C-290, An Act to amend the Income Tax Act (tax credit for loss of retirement income).

Mr. Speaker, I am pleased to be back here once again introducing a bill to create a refundable tax credit of 22% for loss of retirement income.

Retired employees of the Jeffrey mine in Asbestos in my riding and of Atlas Steels in Sorel-Tracy, in the riding of the member seconding this bill, my colleague from Bas-Richelieu—Nicolet—Bécancour, saw their retirement income drastically reduced after their former employer went bankrupt. We are trying to help these people with this bill, which I will remind everyone, passed second reading in the last Parliament. I would like to thank my Liberal and NDP colleagues, who have agreed to support this bill in order to refer it to committee. We had made significant progress. Unfortunately, an election was called, which forces us to start over with this bill. We are going to keep at it. The Conservative Party, the government, is the only one that has refused to support our bill. We will try, in good faith and with open minds, to convince them to support these people who were shortchanged when these businesses shut down. They deserve justice and dignity. That is why we are fighting for them.

Obviously, I would like to thank the hon. members for Bas-Richelieu—Nicolet—Bécancour and Chambly—Borduas who have worked hard with me and with the retired employees in order to develop this bill which is so important for them.

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