Credit Card Fairness Act

An Act to amend the Bank Act, the Trust and Loan Companies Act, the Insurance Companies Act and the Cooperative Credit Associations Act (credit cards)

This bill was last introduced in the 42nd Parliament, 1st Session, which ended in September 2019.

Sponsor

Rachael Thomas  Conservative

Introduced as a private member’s bill. (These don’t often become law.)

Status

Defeated, as of May 1, 2019
(This bill did not become law.)

Summary

This is from the published bill.

This enactment amends the Bank Act, the Trust and Loan Companies Act, the Insurance Companies Act and the Cooperative Credit Associations Act to implement a number of measures respecting credit card accounts.

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

May 1, 2019 Failed 2nd reading of Bill C-419, An Act to amend the Bank Act, the Trust and Loan Companies Act, the Insurance Companies Act and the Cooperative Credit Associations Act (credit cards)

Credit Card Fairness ActPrivate Members' Business

April 10th, 2019 / 7:20 p.m.


See context

The Assistant Deputy Speaker Carol Hughes

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

Credit Card Fairness ActPrivate Members' Business

April 10th, 2019 / 7:20 p.m.


See context

Some hon. members

Yea.

Credit Card Fairness ActPrivate Members' Business

April 10th, 2019 / 7:20 p.m.


See context

The Assistant Deputy Speaker Carol Hughes

All those opposed will please say nay.

Credit Card Fairness ActPrivate Members' Business

April 10th, 2019 / 7:20 p.m.


See context

Some hon. members

Nay.

Credit Card Fairness ActPrivate Members' Business

April 10th, 2019 / 7:20 p.m.


See context

The Assistant Deputy Speaker Carol Hughes

In my opinion the nays have it.

Credit Card Fairness ActPrivate Members' Business

April 10th, 2019 / 7:20 p.m.


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The Acting Speaker Carol Hughes

And five or more members having risen:

Credit Card Fairness ActPrivate Members' Business

April 10th, 2019 / 7:20 p.m.


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The Assistant Deputy Speaker Carol Hughes

Pursuant to Standing Order 93, a recorded division stands deferred until Wednesday, May 1, immediately before the time provided for private members' business.

The House resumed from April 10 consideration of the motion that Bill C-419, An Act to amend the Bank Act, the Trust and Loan Companies Act, the Insurance Companies Act and the Cooperative Credit Associations Act (credit cards), be read the second time and referred to a committee.

Credit Card Fairness ActPrivate Members' Business

May 1st, 2019 / 5:55 p.m.


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The Speaker Geoff Regan

The House will now proceed to the taking of the deferred recorded division on the motion at second reading stage of Bill C-419.

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

Vote #1303

Credit Card Fairness ActPrivate Members' Business

May 1st, 2019 / 6 p.m.


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The Speaker Geoff Regan

I declare the motion defeated.