Purchase and Sale of Precious Metal Articles Act

An Act respecting the establishment of a National Strategy for the Purchase and Sale of Second-hand Precious Metal Articles

This bill was last introduced in the 40th Parliament, 3rd Session, which ended in March 2011.

Sponsor

Paul Calandra  Conservative

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

Status

Introduced, as of March 11, 2011
(This bill did not become law.)

Summary

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

This enactment provides for the establishment of a national strategy for the purchase and sale of second-hand precious metal articles by precious metal dealers to protect Canadians from corrupt practices in these transactions.

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.

Purchase and Sale of Precious Metal Articles ActRoutine Proceedings

March 11th, 2011 / 12:10 p.m.
See context

Conservative

Paul Calandra Conservative Oak Ridges—Markham, ON

moved for leave to introduce Bill C-638, An Act respecting the establishment of a National Strategy for the Purchase and Sale of Second-hand Precious Metal Articles.

Mr. Speaker, as the title of the bill obviously implies, the bill seeks to drive out unscrupulous gold buyers from the purchase and sale of second-hand metals.

As the prices of precious metals increase, more and more people are getting into this business. Therefore, the bill calls on the minister to work with his provincial counterparts to make sure that only those individuals with the actual intent of doing this properly are allowed to maintain and stay in this business. The bill would get rid of all of the unscrupulous people who would seek to prey on those who find themselves in desperate situations.

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