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An Act to amend the Canada Infrastructure Bank Act

This bill is from the 44th Parliament, 1st session, which ended in January 2025.

Sponsor

Niki Ashton  NDP

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

Status

Defeated, as of June 22, 2022
(This bill did not become law.)

Summary

This is from the published bill.

This enactment amends the Canada Infrastructure Bank Act to refocus the purpose of the Bank and to provide that it must give priority to certain investments and infrastructure projects.

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-245s:

C-245 (2020) National Freshwater Strategy Act
C-245 (2020) National Freshwater Strategy Act
C-245 (2016) Poverty Reduction Act
C-245 (2013) An Act to amend the Income Tax Act (expenses incurred by caregivers)

Votes

June 22, 2022 Failed 2nd reading of Bill C-245, An Act to amend the Canada Infrastructure Bank Act

Canada Infrastructure Bank ActRoutine Proceedings

February 8th, 2022 / 10:10 a.m.

NDP

Niki Ashton NDP Churchill—Keewatinook Aski, MB

moved for leave to introduce Bill C-245, An Act to amend the Canada Infrastructure Bank Act.

Mr. Speaker, I am proud to present my bill, an act to amend the Canada Infrastructure Bank Act. This bill leverages public ownership in the fight against climate change and in support of the most marginalized communities in our country, including indigenous and northern communities.

Catastrophic climate change is a threat to our survival. Indigenous and northern communities are already paying the price. Regions like ours have already been living the devastating impacts of climate change, and we do not have the infrastructure and resources needed to respond.

From the need to transition away from diesel-generated power to the need for all-weather roads, fire protection and flood and drought mitigation, indigenous and northern communities need infrastructure support now. It is clear the fight against climate change requires bold, collective action.

The Infrastructure Bank was designed by billionaires for billionaires, and it is time to change that. The Canada Infrastructure Bank must be part of the solution by doing away with for-profit private agendas, focusing on investing public funds through green bonds and ensuring indigenous representation and transparency. It is time Canada put people over profit and built up the infrastructure we need to fight climate change.

(Motions deemed adopted, bill read the first time and printed)