Financial Protection for Fresh Fruit and Vegetable Farmers Act

An Act to amend the Bankruptcy and Insolvency Act and the Companies’ Creditors Arrangement Act (deemed trust – perishable fruits and vegetables)

Sponsor

Scot Davidson  Conservative

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 June 8, 2022

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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 Protection for Fresh Fruit and Vegetable Farmers ActRoutine Proceedings

June 8th, 2022 / 4:20 p.m.
See context

Conservative

Scot Davidson Conservative York—Simcoe, ON

moved for leave to introduce Bill C-280, An Act to amend the Bankruptcy and Insolvency Act and the Companies’ Creditors Arrangement Act (deemed trust – perishable fruits and vegetables).

Mr. Speaker, I am very excited today and I am pleased to rise to introduce the financial protection for fresh fruit and vegetable farmers act, which proposes to amend the Bankruptcy and Insolvency Act and the Companies' Creditors Arrangement Act to support Canadian produce sellers.

Every time I see the dark soil and endless rows of vegetables in the Holland Marsh in my community, the soup and salad bowl of Canada, I see opportunity. In order for that opportunity to be fully realized in the marsh and across Canada, more must be done to protect Canada's fresh fruit and vegetable growers during the bankruptcy of a buyer. We know that fresh fruits and vegetables are highly perishable with a limited shelf life. Unfortunately, the existing laws do not take this into account.

This legislation would address this deficiency by establishing a deemed trust for fresh produce sellers, ensuring they have priority access to an insolvent buyer's assets related to the sale of fresh produce. I am glad to bring this initiative forward and champion fresh fruit and vegetable producers. I trust that all members in the House will support this bill.

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