An Act to amend the Financial Administration Act (composition of boards of directors)

An Act to amend the Financial Administration Act (composition of boards of directors)

Sponsor

Don Davies  NDP

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

Status

Outside the Order of Precedence (a private member's bill that hasn't yet won the draw that determines which private member's bills can be debated), as of March 3, 2022

Subscribe to a feed (what's a feed?) of speeches and votes in the House related to Bill C-256.

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.

Financial Administration ActRoutine Proceedings

March 3rd, 2022 / 10:05 a.m.
See context

NDP

Don Davies NDP Vancouver Kingsway, BC

moved for leave to introduce Bill C-256, An Act to amend the Financial Administration Act (composition of boards of directors).

Mr. Speaker, I rise today to introduce an important bill to Parliament. This legislation would amend the Financial Administration Act to require gender parity on the board of directors of Crown corporations and agencies.

I would like to thank the hon. member for Winnipeg Centre for seconding this bill and for her tireless advocacy for gender equality.

Today in Canada, women make up only 27% of federal appointments to Crown corporation boards. Only 18% of director seats are held by women across all corporate boards in Canada, and 61% of boards are composed entirely of men. This is unacceptable and must change. By adopting this legislation, the federal government can lead by example and take concrete action to advance gender equality in Canada.

For systemic change to occur, we must change the system. I hope all parliamentarians will support this important and overdue initiative.

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