Bill C-62 (Historical)

Provincial Choice Tax Framework Act

An Act to amend the Excise Tax Act

This bill was last introduced in the 40th Parliament, 2nd Session, which ended in December 2009.

Sponsor

Jim Flaherty Conservative

Status

This bill has received Royal Assent and is now law.

Summary

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

This enactment amends the Excise Tax Act (the “Act”) to implement, effective July 1, 2010, the new fully harmonized value-added tax framework in Ontario and British Columbia. It also facilitates the new framework to accommodate any province’s decision to have the provincial component of the harmonized value-added tax under the Act apply in that province by achieving a common understanding with Canada in respect of such a new framework, including the provision of rules and mechanisms to ensure
(a) the proper imposition of the provincial component of the harmonized value-added tax in respect of that province;
(b) the proper application of any element of provincial tax policy flexibility contemplated under the common understanding, including rate flexibility for the provincial component of the harmonized value-added tax, rebate flexibility in respect of the provincial component of the harmonized value-added tax and the temporary recapture of certain input tax credits in respect of the provincial component of the harmonized value-added tax;
(c) the proper functioning and application of the Act in all respects, including provisions flowing from the provincial tax policy flexibility contemplated under the common understanding and the addition of every province that chooses to join the new framework; and
(d) the proper administration and enforcement of, and compliance with, the 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.

Votes

Dec. 9, 2009 Passed That the Bill be now read a third time and do pass.

Dec. 9, 2009 Passed That Bill C-62, An Act to amend the Excise Tax Act, be concurred in at report stage.

Dec. 9, 2009 Failed That Bill C-62 be amended by deleting Clause 37.

Dec. 9, 2009 Failed That Bill C-62 be amended by deleting Clause 14.

Dec. 8, 2009 Passed That the Bill be now read a second time and referred to the Standing Committee on Finance.

Provincial Choice Tax Framework ActGovernment Orders

December 8th, 2009 / 5:10 p.m.

See context

NDP

Jean Crowder NDP Nanaimo—Cowichan, BC

Mr. Speaker, the Conservatives do not want to hear from realtors, the tourism association, hairdressers and seniors because they are opposed. In the B.C.-Canada agreement, British Columbians are going to be on the hook for five years. When this agreement is signed, they have to agree for a period of at least five years following the implementation of the tax. This is why New Democrats are fighting so hard in the House to bring attention to it because we do not want our constituents to be locked in for five years.

Provincial Choice Tax Framework ActGovernment Orders

December 8th, 2009 / 5:15 p.m.

See context

Conservative