An Act to amend the Canada Business Corporations Act and to make consequential and related amendments to other Acts

Sponsor

Status

This bill has received Royal Assent and is, or will soon become, law.

Summary

This is from the published bill. The Library of Parliament has also written a full legislative summary of the bill.

This enactment amends the Canada Business Corporations Act to, among other things,
(a) require the Director appointed under that Act to make available to the public certain information on individuals with significant control over a corporation;
(b) protect the information and identity of certain individuals;
(c) add, or broaden the application of, offences and provide the Director with additional enforcement and compliance powers; and
(d) add regulatory authority to prescribe further requirements in certain provisions.
It also makes consequential and related amendments to other Acts.

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.

Votes

June 22, 2023 Passed 3rd reading and adoption of Bill C-42, An Act to amend the Canada Business Corporations Act and to make consequential and related amendments to other Acts
June 20, 2023 Passed Concurrence at report stage of Bill C-42, An Act to amend the Canada Business Corporations Act and to make consequential and related amendments to other Acts
June 20, 2023 Failed Bill C-42, An Act to amend the Canada Business Corporations Act and to make consequential and related amendments to other Acts (report stage amendment)
June 19, 2023 Passed Time allocation for Bill C-42, An Act to amend the Canada Business Corporations Act and to make consequential and related amendments to other Acts
June 1, 2023 Passed 2nd reading of Bill C-42, An Act to amend the Canada Business Corporations Act and to make consequential and related amendments to other Acts

Business of the HouseOral Questions

March 30th, 2023 / 3:20 p.m.


See context

Ajax Ontario

Liberal

Mark Holland LiberalLeader of the Government in the House of Commons

Mr. Speaker, let me join with my hon. colleague, the opposition House leader, in wishing everyone a joyous Easter. I hope that members who are celebrating Easter take time with their families. This is also a very busy time for many of our other faith communities as we recognize Vaisakhi. We are in the holy month of Ramadan right now and we have Passover. This is a time that is very rich, one when I know people will be visiting churches, mosques and temples in our communities to share with the rich faith traditions in our constituencies. I hope all members are able to profit from those opportunities to be with their constituents and families.

With respect to Bill C-11, I will simply state that I do not think there is any amount of time that would satisfy Conservatives. In fact, I would challenge the opposition House leader to indicate just how many days of debate he would like. I do not think there is any end. Conservatives have indicated they want to obstruct this bill. This bill has had more time in the Senate than any bill in history. It was in the last Parliament and it is in this Parliament. It is time our artists get compensated for their work and that the tech giants pay their fair share.

Tomorrow, we will start the second reading debate of Bill C-42, an act to amend the Canada Business Corporations Act, and then we are going to be switching to Bill C-34, the Investment Canada Act.

When we return, we will continue with the budget debate on Monday, Tuesday and Wednesday.

On Thursday, we will start the day with a ways and means vote relating to the budget implementation act. Following the vote, we will proceed to the debate on Bill C-27, the digital charter implementation act, 2022, followed by Bill C-42.

Finally, on Friday, we will commence debate on the budget bill.

Canada Business Corporations ActRoutine Proceedings

March 22nd, 2023 / 4:40 p.m.


See context

Saint-Maurice—Champlain Québec

Liberal

François-Philippe Champagne LiberalMinister of Innovation

moved for leave to introduce Bill C‑42, An Act to amend the Canada Business Corporations Act, and to make consequential and related amendments to other Acts.

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