Pooled Registered Pension Plans Act

An Act relating to pooled registered pension plans and making related amendments to other Acts

This bill is from the 41st Parliament, 1st session, which ended in September 2013.

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 has also written a full legislative summary of the bill.

This enactment provides a legal framework for the establishment and administration of pooled registered pension plans that will be accessible to employees and self-employed persons and that will pool the funds in members’ accounts to achieve lower costs in relation to investment management and plan administration.

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-25s:

C-25 (2022) Law Appropriation Act No. 3, 2022-23
C-25 (2021) An Act to amend the Federal-Provincial Fiscal Arrangements Act, to authorize certain payments to be made out of the Consolidated Revenue Fund and to amend another Act
C-25 (2016) Law An Act to amend the Canada Business Corporations Act, the Canada Cooperatives Act, the Canada Not-for-profit Corporations Act, and the Competition Act
C-25 (2014) Law Qalipu Mi'kmaq First Nation Act
C-25 (2010) Nunavut Planning and Project Assessment Act
C-25 (2009) Law Truth in Sentencing Act

Votes

June 12, 2012 Passed That the Bill be now read a third time and do pass.
June 12, 2012 Passed That this question be now put.
June 7, 2012 Passed That, in relation to Bill C-25, An Act relating to pooled registered pension plans and making related amendments to other Acts, not more than five further hours shall be allotted to the consideration of the third reading stage of the Bill; and that, at the expiry of the five hours on the consideration of the third reading stage of the said Bill, any proceedings before the House shall be interrupted, if required for the purpose of this Order, and, in turn, every question necessary for the disposal of the said stage of the Bill shall be put forthwith and successively, without further debate or amendment.
May 28, 2012 Passed That Bill C-25, An Act relating to pooled registered pension plans and making related amendments to other Acts, {as amended}, be concurred in at report stage [with a further amendment/with further amendments] .
May 28, 2012 Failed That Bill C-25, be amended by deleting Clause 1.
Feb. 1, 2012 Passed That the Bill be now read a second time and referred to the Standing Committee on Finance.
Jan. 31, 2012 Passed That, in relation to Bill C-25, An Act relating to pooled registered pension plans and making related amendments to other Acts, not more than two further sitting days shall be allotted to the consideration at second reading stage of the Bill; and That, 15 minutes before the expiry of the time provided for Government Orders on the second day allotted to the consideration at second reading stage of the said Bill, any proceedings before the House shall be interrupted, if required for the purpose of this Order, and, in turn, every question necessary for the disposal of the said stage of the Bill shall be put forthwith and successively, without further debate or amendment.

Pooled Registered Pension Plans ActGovernment Orders

June 12th, 2012 / 3:15 p.m.

The Speaker Andrew Scheer

The hon. Chief Government Whip is rising on a point of order.

Pooled Registered Pension Plans ActGovernment Orders

June 12th, 2012 / 3:15 p.m.

Conservative

Gordon O'Connor Conservative Carleton—Mississippi Mills, ON

Mr. Speaker, I would like you to confirm that the member for Beauce was included in the vote. He was, okay.

(The House divided on the motion, which was agreed to on the following division:)

Vote #281

Pooled Registered Pension Plans ActGovernment Orders

June 12th, 2012 / 3:15 p.m.

The Speaker Andrew Scheer

I declare the motion carried.

The next question is on the motion. The hon. Chief Government Whip is rising.

Pooled Registered Pension Plans ActGovernment Orders

June 12th, 2012 / 3:15 p.m.

Conservative

Gordon O'Connor Conservative Carleton—Mississippi Mills, ON

Mr. Speaker, if you seek it I believe you will find agreement to apply the result of the previous vote to the current vote, with the Conservatives voting yes.

Pooled Registered Pension Plans ActGovernment Orders

June 12th, 2012 / 3:15 p.m.

The Speaker Andrew Scheer

Is there unanimous consent to proceed in this fashion?

Pooled Registered Pension Plans ActGovernment Orders

June 12th, 2012 / 3:15 p.m.

Some hon. members

Agreed.

Pooled Registered Pension Plans ActGovernment Orders

June 12th, 2012 / 3:15 p.m.

NDP

Nycole Turmel NDP Hull—Aylmer, QC

Mr. Speaker, we agree to apply the vote. The NDP will be voting against the motion. I would like to add the name of the hon. member for Victoria, who has arrived.

Pooled Registered Pension Plans ActGovernment Orders

June 12th, 2012 / 3:15 p.m.

Liberal

Massimo Pacetti Liberal Saint-Léonard—Saint-Michel, QC

Mr. Speaker, the members of the Liberal Party will be voting in favour of the motion.

Pooled Registered Pension Plans ActGovernment Orders

June 12th, 2012 / 3:15 p.m.

Bloc

Louis Plamondon Bloc Bas-Richelieu—Nicolet—Bécancour, QC

Mr. Speaker, the Bloc Québécois will be voting in favour of the motion.

Pooled Registered Pension Plans ActGovernment Orders

June 12th, 2012 / 3:15 p.m.

Independent

Bruce Hyer Independent Thunder Bay—Superior North, ON

Thunder Bay—Superior North will be voting no.

Pooled Registered Pension Plans ActGovernment Orders

June 12th, 2012 / 3:15 p.m.

Green

Elizabeth May Green Saanich—Gulf Islands, BC

The Green Party votes no.

Pooled Registered Pension Plans ActGovernment Orders

June 12th, 2012 / 3:15 p.m.

Independent

Peter Goldring Independent Edmonton East, AB

I will be voting yes.

(The House divided on the motion, which was agreed to on the following division:)

Vote #282

Pooled Registered Pension Plans ActGovernment Orders

June 12th, 2012 / 3:15 p.m.

The Speaker Andrew Scheer

I declare the motion carried.

(Bill read the third time and passed)