The House is on summer break, scheduled to return Sept. 15

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)

Canada Business Corporations ActGovernment Orders

June 20th, 2017 / 7:10 p.m.

The Acting Speaker (Mr. David de Burgh Graham) David Graham

The question is on Motion No. 1. Is it the pleasure of the House to adopt the motion?

Canada Business Corporations ActGovernment Orders

June 20th, 2017 / 7:10 p.m.

Some hon. members

Agreed.

No.

Canada Business Corporations ActGovernment Orders

June 20th, 2017 / 7:10 p.m.

The Acting Speaker (Mr. David de Burgh Graham) David Graham

All those in favour of the motion will please say yea.

Canada Business Corporations ActGovernment Orders

June 20th, 2017 / 7:10 p.m.

Some hon. members

Yea.

Canada Business Corporations ActGovernment Orders

June 20th, 2017 / 7:10 p.m.

The Acting Speaker (Mr. David de Burgh Graham) David Graham

All those opposed will please say nay.

Canada Business Corporations ActGovernment Orders

June 20th, 2017 / 7:10 p.m.

Some hon. members

Nay.

Canada Business Corporations ActGovernment Orders

June 20th, 2017 / 7:10 p.m.

The Acting Speaker (Mr. David de Burgh Graham) David Graham

In my opinion the nays have it.

And five or more members having risen:

Pursuant to order made on Tuesday, May 30, 2017, the division stands deferred until Wednesday, June 21, 2017, at the expiry of the time provided for oral questions.

The House resumed from June 20 consideration 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, as reported (with amendment) from the committee, and of the motions in Group No. 1.

Canada Business Corporations ActGovernment Orders

June 21st, 2017 / 3:55 p.m.

The Speaker Geoff Regan

Pursuant to an order made on Tuesday, May 30, 2017, the House will now proceed to the taking of the deferred recorded division on the motion at report stage of Bill C-25.

The question is on Motion No. 1.

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

Vote #347

Canada Business Corporations ActGovernment Orders

June 21st, 2017 / 4 p.m.

The Speaker Geoff Regan

I declare Motion No. 1 defeated.

Canada Business Corporations ActGovernment Orders

June 21st, 2017 / 4:05 p.m.

Liberal

Carla Qualtrough Liberal Delta, BC

moved that the bill be concurred in.

Canada Business Corporations ActGovernment Orders

June 21st, 2017 / 4:05 p.m.

The Speaker Geoff Regan

Is it the pleasure of the House to adopt the motion?

Canada Business Corporations ActGovernment Orders

June 21st, 2017 / 4:05 p.m.

Some hon. members

Agreed.

No.

Canada Business Corporations ActGovernment Orders

June 21st, 2017 / 4:05 p.m.

The Speaker Geoff Regan

All those in favour of the motion will please say yea.