An Act to amend the Canada Business Corporations Act, the Canada Cooperatives Act, the Canada Not-for-profit Corporations Act, and the Competition Act

This bill is from the 42nd Parliament, 1st session, which ended in September 2019.

Sponsor

Navdeep Bains  Liberal

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.

Part 1 amends the Canada Business Corporations Act, the Canada Cooperatives Act and the Canada Not-for-profit Corporations Act to, among other things,
(a) reform some aspects of the process for electing directors of certain corporations and cooperatives;
(b) modernize communications between corporations or cooperatives and their shareholders or members;
(c) clarify that corporations and cooperatives are prohibited from issuing share certificates and warrants, in bearer form; and
(d) require certain corporations to place before the shareholders, at every annual meeting, information respecting diversity among directors and the members of senior management.
Part 2 amends the Competition Act to expand the concept of affiliation to a broader range of business organizations.

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-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 (2014) Law Qalipu Mi'kmaq First Nation Act
C-25 (2011) Law Pooled Registered Pension Plans Act

Votes

June 21, 2017 Passed Concurrence at report stage of Bill C-25, An Act to amend the Canada Business Corporations Act, the Canada Cooperatives Act, the Canada Not-for-profit Corporations Act, and the Competition Act
June 21, 2017 Failed Bill C-25, An Act to amend the Canada Business Corporations Act, the Canada Cooperatives Act, the Canada Not-for-profit Corporations Act, and the Competition Act (report stage amendment)

Business of the HouseOral Questions

December 8th, 2016 / 3 p.m.


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Waterloo Ontario

Liberal

Bardish Chagger LiberalLeader of the Government in the House of Commons and Minister of Small Business and Tourism

Mr. Speaker, for the rest of today, we will debate Bill S-4, on tax conventions.

Tomorrow, we will call Bill C-25, the business framework legislation, followed by Bill C-30, regarding CETA.

Monday and Tuesday we will proceed with Bill C-31, an act to implement the free trade agreement between Canada and Ukraine. In the days following, we will put Bill S-4 at the top of the Order Paper so that we can pass it before the Christmas recess.

Business of the HouseOral Questions

December 1st, 2016 / 3:05 p.m.


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Waterloo Ontario

Liberal

Bardish Chagger LiberalLeader of the Government in the House of Commons and Minister of Small Business and Tourism

Mr. Speaker, today we are continuing with opposition day. Tomorrow the House will consider the report stage of Bill C-29, the second budget bill, and it will continue studying that bill Monday and Tuesday of next week.

For the remainder of the week, we plan to call the following bills: Bill S-4, the tax conventions legislation, and Bill S-3, the Indian tax amendment, provided we get these two bills from the Senate; Bill C-25, the business frameworks bill; and Bill C-30 concerning CETA. All these bills are at second reading.

It is my hope that parties will be able to negotiate on how to proceed in advancing these very important initiatives. Something I have committed to is working well with other parties, and I will continue to do that.

Business of the HouseOral Questions

November 24th, 2016 / 3:05 p.m.


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Winnipeg North Manitoba

Liberal

Kevin Lamoureux LiberalParliamentary Secretary to the Leader of the Government in the House of Commons

Mr. Speaker, this afternoon we will continue second reading debate of Bill C-18, the Rouge National Urban Park legislation. The other bills on the agenda for today and tomorrow will be Bill C-25, the business framework legislation, and Bill C-30 regarding CETA. It is my hope that we can complete second reading debate on all these important bills by tomorrow afternoon if at all possible.

Next week, we will commence debate at report stage and third reading of Bill C-26 concerning the Canada pension plan. We will call this bill on Monday, Tuesday, and Wednesday.

Finally, next Thursday, December 1 shall be the last allotted day for this supply cycle.

Gender Equality Week ActPrivate Members' Business

November 17th, 2016 / 8:15 p.m.


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Dorval—Lachine—LaSalle Québec

Liberal

Anju Dhillon LiberalParliamentary Secretary for Status of Women

Mr. Speaker, it is a pleasure to speak today to Bill C-309, An Act to Establish Gender Equality Week. I would like to begin by thanking the member for Mississauga—Lakeshore for introducing Bill C-309, which would designate a gender equality week in Canada.

The bill would recognize aspects of Canadian society where women have not yet achieved equality, promote awareness of these inequalities, and educate Canadians on opportunities to advance these issues. Anything we can do as a society to increase opportunities for women and girls and bring gender parity closer to reality makes sense.

Why is more action needed to advance equality? Consider some of the challenges our country still faces. Women continue to advance in many sectors of the economy, yet a woman working full-time makes 73.5¢ for every dollar a man makes. A record number of 88 women were elected to Parliament in 2015. This represents an increase of only 1% from the last election in 2011, with women now holding 26% of the seats here, but we have much more work to do to achieve gender parity. The more recent statistics from the Canadian Board Diversity Council 2015 report card indicates that women hold 19.5% of board seats at Fortune 500 companies.

These persistent inequalities underscore how difficult it is to make change happen. Therefore, as we prepare to mark next year the 150 years since our nation's founding, we need to stay focused on the fact that the fight for equality is far from over. Designating a gender equality week would serve to remind everyone of this very, very important fact.

Our support for Bill C-309 also underscores the government's commitment to promoting gender equality and building an inclusive and prosperous society. I am proud to say that the Prime Minister is committed to leading by example on this priority. He appointed the first gender-balanced cabinet in the history of Canada and the first-ever minister fully dedicated to gender equality, the Minister of Status of Women.

The Prime Minister's commitment has fuelled the dialogue on equality and feminism across the country and around the world. We are adopting strong measures to promote equality. Gender-based violence continues to be a barrier to women and girls achieving their full potential, and some groups of Canadian women are more at risk.

In order to come up with solutions to the unacceptable level of violence, we launched a national inquiry into missing and murdered indigenous women and girls. The Minister of Status of Women also brought together key stakeholders nationwide to develop a federal strategy addressing gender-based violence.

During the consultations held in Canada last summer, we gathered the views of gender diverse Canadians. Many told personal stories of the violence and discrimination they endure.

Our government is committed to recognizing the rights of gender diverse Canadians and eliminating the barriers that can leave them vulnerable to violence and economic marginalization. We are committed to advancing explicit protections related to gender identity and gender expression within the Canadian Human Rights Act. Gender equality week would also serve to highlight the issues faced by transgender and gender non-conforming Canadians.

Our government also recognizes that increasing women's participation in leadership and decision-making roles is critical to building a healthy and inclusive society. For example, we have put in place a new merit-based, open, and transparent approach to selecting high-quality candidates for some 4,000 governor in council and ministerial appointments to commissions, boards, crown corporations, agencies, and tribunals across the country.

Last October, the Minister of Status of Women announced funding of over $8 million for approximately 45 community organizations to carry out a dozen projects. These projects will foster greater inclusion and increase women's participation and leadership in the democratic and public life of the country.

Last September, our government introduced Bill C-25 to update in various ways the federal framework legislation on corporate governance. The main objective is to better target the representation of women on corporate boards and in senior management by using the comply or explain approach.

In November, as part of the government's plan to advance the middle class, the Minister of Finance stated that budget 2017 and all subsequent budgets will be subject to more rigorous analysis by carrying out and publishing a gender-based analysis of the impact of budget measures. That is a positive step that will result in inclusive budgets for Canada.

To help diminish the gender wage gap, the government is currently developing a framework on early learning and child care, promoting a Canadian poverty reduction strategy, launching the new Canada child benefit, and enhancing the use of gender-based analysis to ensure that any decisions concerning policy, programs, and legislation will advance gender equality.

Here are some further actions we have taken that will support many women in our country.

Budget 2016 announced changes to old age security and an increase in the guaranteed income supplement, a monthly non-taxable benefit for pension recipients who have a low income. We know that low-income seniors are most likely to be women living alone. We have also introduced legislation to enhance the Canada pension plan, which aims to reduce the share of families at risk of not having enough for retirement. It also includes enhancements to disability and survivor benefits. We believe these two actions in particular will improve the situation of Canadian families, help women, and get us closer to gender equality.

We are taking these bold actions for one simple reason: Canadians believe in equality, a fact that I believe is borne out by the debate we are having today on Bill C-309.

In October we celebrated Women's History Month, which includes important commemorative dates such as International Day of the Girl and Persons Day. To ensure that gender equality week is recognized and celebrated, a discussion about when such a week should occur would be beneficial. However, the reality is that we cannot rest as a society until all women and girls have equal opportunities to succeed and reach their full potential.

That is why I am pleased to support the bill before the House today, which would establish gender equality week in Canada.

That is why we are supporting this bill.

Business of the HouseOral Questions

November 17th, 2016 / 3:05 p.m.


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Waterloo Ontario

Liberal

Bardish Chagger LiberalLeader of the Government in the House of Commons and Minister of Small Business and Tourism

Mr. Speaker, this afternoon, we will continue our debate at second reading of Bill C-26 on the Canada pension plan.

Tomorrow, we will resume debate on Bill C-16 on gender identity. If time permits, we will also examine Bill C-25, the business framework bill.

On Monday, I will call Bill C-30, the CETA implementation legislation, for consideration at second reading. The bill will be on the agenda for Monday, Tuesday, and Wednesday. It is my hope that this bill will be referred to committee on Wednesday evening.

On Thursday, we will consider second reading of Bill C-23 respecting pre-clearance.

Next Friday, I will call Bill C-18, the Rouge national park legislation, for second reading debate.

Business of the HouseOral Questions

November 3rd, 2016 / 3:05 p.m.


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Waterloo Ontario

Liberal

Bardish Chagger LiberalLeader of the Government in the House of Commons and Minister of Small Business and Tourism

Mr. Speaker, this afternoon we will continue to debate the Conservative Party motion.

Tomorrow, we will resume debate on Bill C-26, on the Canada pension plan.

Next week, as the hon. member said, we will be working hard in our constituencies and attending Remembrance Day ceremonies on Friday to collectively stand in honour of all who have fallen in the service of Canada.

When we return on Monday, November 14, the House will then have the fifth day of second reading debate on Bill C-26, the CPP enhancement bill. On Tuesday, the House will also have the fifth day of second reading debate on Bill C-29, the second budget implementation bill.

On Wednesday, the House will consider Bill C-16, the gender identity bill, at report stage, and hopefully at third reading. On Thursday, the House will debate Bill C-25, the business framework bill, at second reading.

Business of the HouseOral Questions

October 20th, 2016 / 3:10 p.m.


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Waterloo Ontario

Liberal

Bardish Chagger LiberalLeader of the Government in the House of Commons and Minister of Small Business and Tourism

Mr. Speaker, I have to agree with the opposition House leader. It has been quite delightful to work together, and I hope we can continue the relationship we have created so we can be productive in this place for Canadians.

This afternoon we will continue debate on the Conservative motion. Tomorrow, we will begin second reading of Bill C-26 respecting the Canada pension plan.

We will call the bill on Monday and, hopefully, conclude debate on Tuesday. On Wednesday, we will commence debate on Bill C-25, the business framework legislation. Thursday shall be an allotted day.

Finally, I would like to thank all hon. member for the progress on legislation so far this week.

Status of WomenOral Questions

October 6th, 2016 / 2:45 p.m.


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Mississauga—Malton Ontario

Liberal

Navdeep Bains LiberalMinister of Innovation

Mr. Speaker, I thank my colleague for raising this important issue.

Last week, I was pleased to introduce Bill C-25, which seeks to improve corporate transparency and diversity. It will help increase the number of women on boards of directors and senior management teams.

I invite all members to support this bill.