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

Status

This bill has received Royal Assent and is now law.

Summary

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

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