Bill C-249

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

Opposition Motion—Measures for Immediate Financial ReliefBusiness of SupplyGovernment Orders

June 7th, 2022 / 5:35 p.m.

See context

Bloc

Luc Thériault Bloc Montcalm, QC

Mr. Speaker, the Conservative motion calls for action to tackle money laundering and yet, at the same time, the Conservatives also want more investments in cryptoassets, which facilitate money laundering. I am talking about Bill C-249. I am also thinking of one of the leadership candidates who is very much in favour of cryptocurrency.

How does the member reconcile that?