Bill C-25 (Historical)

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 was last introduced in 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.

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 the Library of Parliament. You can also read the full text of the bill.

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)

Industry, Science and Technology Committee, on Feb. 2, 2017

Industry, Science and Technology Committee, on Feb. 7, 2017

  • Mitch Davies, Assistant Deputy Minister, Strategic Policy Sector, Department of Industry
  • Mark Schaan, Director General, Marketplace Framework Policy Branch, Strategic Policy Sector, Department of Industry

Industry, Science and Technology Committee, on Feb. 9, 2017

  • Paul Schneider, Head of Corporate Governance, Public Equities, Ontario Teachers' Pension Plan Board
  • Paul Lalonde, President and Chair of the Board of Directors, Transparency International Canada
  • Denis Meunier, Member, Beneficial Ownership Working Group, Transparency International Canada
  • Wendy Cukier, Director, Diversity Institute at Ryerson University

Industry, Science and Technology Committee, on Feb. 14, 2017

    Industry, Science and Technology Committee, on Feb. 16, 2017

    • Matthew Fortier, Vice-President, Policy, Institute of Corporate Directors
    • Tanya van Biesen, Executive Director, Catalyst Canada Inc.
    • Aaron Dhir, Associate Professor, Osgoode Hall Law School, York University
    • Stephen Erlichman, Executive Director, Canadian Coalition for Good Governance
    • Catherine McCall, Director of Policy Development, Canadian Coalition for Good Governance

    Industry, Science and Technology Committee, on Feb. 21, 2017

    • Claire Woodside, Director, Publish What You Pay Canada
    • Clare Beckton, Executive Director, Centre for Women in Politics and Public Leadership, Carleton University
    • Mora Johnson, Barrister and Solicitor, Publish What You Pay Canada

    Industry, Science and Technology Committee, on March 7, 2017

    • Mark Schaan, Director General, Marketplace Framework Policy Branch, Strategic Policy Sector, Department of Industry
    • Philippe Méla, Legislative Clerk, House of Commons
    • Coleen Kirby, Manager, Policy Section, Corporations Canada, Department of Industry

    Industry, Science and Technology Committee, on March 9, 2017

    • Mark Schaan, Director General, Marketplace Framework Policy Branch, Strategic Policy Sector, Department of Industry
    • Philippe Méla, Legislative Clerk

    Industry, Science and Technology Committee, on March 21, 2017