An Act to amend the Income Tax Act (Canada Emergency Rent Subsidy and Canada Emergency Wage Subsidy)

This bill was last introduced in the 43rd Parliament, 2nd Session, which ended in August 2021.

Sponsor

Status

This bill has received Royal Assent and is now law.

Summary

This is from the published bill.

This enactment amends the Income Tax Act to revise the eligibility criteria, as well as the level of subsidization, under the Canada Emergency Wage Subsidy (CEWS) as part of the response to the coronavirus disease 2019. It also extends the CEWS to June 30, 2021. The enactment further amends the Income Tax Act to introduce the Canada Emergency Rent Subsidy (CERS) in order to support those hardest hit by the coronavirus disease 2019. This subsidy provides relief in respect of rent and interest on debt obligations incurred to acquire real property used by businesses, charities and not-for-profit organizations in the course of their businesses or other activities. The rent subsidy is effective as of September 27, 2020.

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

Nov. 6, 2020 Failed Bill C-9, An Act to amend the Income Tax Act (Canada Emergency Rent Subsidy and Canada Emergency Wage Subsidy) (report stage amendment)
Nov. 5, 2020 Passed 2nd reading of Bill C-9, An Act to amend the Income Tax Act (Canada Emergency Rent Subsidy and Canada Emergency Wage Subsidy)

Income Tax ActGovernment Orders

November 5th, 2020 / 11:25 p.m.


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Conservative

Gary Vidal Conservative Desnethé—Missinippi—Churchill River, SK

Madam Chair, in a report released earlier this week, Mr. Giroux and his team noted that the finance department had been providing a thorough public accounting every other week until August, but that practice ended when the Prime Minister prorogued Parliament.

In referring to many of the recent commitments, he said, “While the sum of these measures is significant, the amount of information that is publicly available to track this spending is lacking, thus making it more challenging for parliamentarians to perform their critical role in overseeing government spending and holding it to account”.

This lack of transparency is a matter of grave concern to the Canadian public. Will the Minister of Finance commit to restarting the biweekly updates?

Income Tax ActGovernment Orders

November 5th, 2020 / 11:25 p.m.


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Liberal

Chrystia Freeland Liberal University—Rosedale, ON

Madam Chair, I would like to point the members here to another verdict on how Canada is doing in fighting the coronavirus.

The Economist this week has written a piece that calls Canada a “Northern light”. The Economist concludes that “among rich countries Canada has so far performed well” on both the economic and epidemiological fronts. That is the objective view of how we are performing.

Income Tax ActGovernment Orders

November 5th, 2020 / 11:25 p.m.


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NDP

The Deputy Chair NDP Carol Hughes

It being 11:28 p.m., pursuant to order made on Wednesday, November 4, the committee will rise and I will leave the Chair.

Income Tax ActGovernment Orders

November 5th, 2020 / 11:25 p.m.


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The Assistant Deputy Speaker Carol Hughes

Pursuant to the order made on Wednesday, November 4, Bill C-9, An Act to amend the Income Tax Act (Canada Emergency Rent Subsidy and Canada Emergency Wage Subsidy) is deemed reported to the House without amendment.

Income Tax ActGovernment Orders

November 5th, 2020 / 11:25 p.m.


See context

NDP

The Deputy Chair NDP Carol Hughes

(Bill reported)

Income Tax ActGovernment Orders

November 5th, 2020 / 11:30 p.m.


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The Assistant Deputy Speaker Carol Hughes

Accordingly, pursuant to order made on Wednesday, November 4, the House stands adjourned until Friday, November 6, at 10 a.m., pursuant to Standing Order 24(1).

(The House adjourned at 11:29 p.m.)