Encouraging the Growth of the Cryptoasset Sector Act

An Act respecting the encouragement of the growth of the cryptoasset sector

Sponsor

Michelle Rempel  Conservative

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

Status

Defeated, as of Nov. 23, 2022

Subscribe to a feed (what's a feed?) of speeches and votes in the House related to Bill C-249.

Summary

This is from the published bill.

This enactment requires the Minister of Finance to develop a national framework to encourage the growth of the cryptoasset sector and, in developing the framework, to consult with persons working in the sector who are designated by provinces and territories. The enactment also provides for reporting requirements in relation to the framework.

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.

Bill numbers are reused for different bills each new session. Perhaps you were looking for one of these other C-249s:

C-249 (2020) An Act to amend the Canada Transportation Act (refund – cancelled air service)
C-249 (2016) An Act to amend the Public Health Agency of Canada Act (National Alzheimer Office)
C-249 (2013) An Act to amend the Excise Tax Act (no GST on the sale of home heating fuels)
C-249 (2011) An Act to amend the Excise Tax Act (no GST on the sale of home heating fuels)
C-249 (2010) First Nations Children's Health Protection Act
C-249 (2009) First Nations Children's Health Protection Act

Votes

Nov. 23, 2022 Failed 2nd reading of Bill C-249, An Act respecting the encouragement of the growth of the cryptoasset sector

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

Vote #222

Encouraging the Growth of the Cryptoasset Sector ActPrivate Members' Business

November 23rd, 2022 / 3:45 p.m.

The Speaker Anthony Rota

I declare the motion defeated.

Is the hon. member for Kingston and the Islands standing on a point of order on technical reasons?

Encouraging the Growth of the Cryptoasset Sector ActPrivate Members' Business

November 23rd, 2022 / 3:45 p.m.

Liberal

Mark Gerretsen Liberal Kingston and the Islands, ON

Mr. Speaker, it would be technical, because technically on the website it says that the Leader of the Opposition voted for this, but he—

Encouraging the Growth of the Cryptoasset Sector ActPrivate Members' Business

November 23rd, 2022 / 3:45 p.m.

The Speaker Anthony Rota

That is debate. We are going to drop that one right away.

Order. I just want to remind the hon. members before proceeding that unless it is a technical issue, like the translation is not working or something that prevents members from voting, there are no points of order during the voting session.