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Bill C-42

Historical
Law (royal assent given)
Law

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

Bill C-42 has received Royal Assent and is now law. This bill is from the 44th Parliament, 1st session.

Sponsor:Francois Philippe Champagne
Session: 44-1
Introduced: 2023-03-22

Other Bills Numbered C-42

Bill numbers are reused for different bills each new session. This bill number appeared in 11 sessions:

44-1

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

Law (royal assent given)
Law
42-1

An Act to amend the Canadian Forces Members and Veterans Re-establishment and Compensation Act, the Pension Act and the Department of Veterans Affairs Act and to make consequential amendments to other Acts

Second reading (House)
41-2

An Act to amend the Firearms Act and the Criminal Code and to make a related amendment and a consequential amendment to other Acts

Law (royal assent given)
Law
41-1

An Act to amend the Royal Canadian Mounted Police Act and to make related and consequential amendments to other Acts

Law (royal assent given)
Law
40-3

An Act to amend the Aeronautics Act

Law (royal assent given)
Law
40-2

An Act to amend the Criminal Code

In committee (House)
39-2

An Act to amend the Museums Act and to make consequential amendments to other Acts

Law (royal assent given)
Law
39-1

An Act to amend the Quarantine Act

Law (royal assent given)
Law
38-1

An Act for granting to Her Majesty certain sums of money for the public service of Canada for the financial year ending March 31, 2006

Law (royal assent given)
Law
37-2

An Act respecting the protection of the Antarctic Environment

Law (royal assent given)
Law
37-1

An Act to amend certain Acts of Canada, and to enact measures for implementing the Biological and Toxin Weapons Convention, in order to enhance public safety

Dead

Division Votes (5)

Division #407
Agreed To
2023-06-22T00:05:00

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

321Yea
0Nay
2Paired

Vote by party

Liberal
150Y / 0N
Conservative
112Y / 0N
Bloc Québécois
31Y / 0N
NDP
23Y / 0N
Independent
3Y / 0N
Green Party
2Y / 0N
Division #392
Agreed To
2023-06-20T15:25:56

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

319Yea
1Nay
4Paired

Vote by party

Liberal
149Y / 0N
Conservative
113Y / 0N
Bloc Québécois
30Y / 0N
NDP
23Y / 0N
Independent
2Y / 1N
Green Party
2Y / 0N
Division #391
Negatived
2023-06-20T15:15:50

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)

113Yea
207Nay
4Paired

Vote by party

Liberal
0Y / 149N
Conservative
113Y / 0N
Bloc Québécois
0Y / 30N
NDP
0Y / 23N
Independent
0Y / 3N
Green Party
0Y / 2N
Division #384
Agreed To
2023-06-19T13:50:52

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

174Yea
142Nay
4Paired

Vote by party

Liberal
150Y / 0N
Conservative
0Y / 109N
Bloc Québécois
0Y / 29N
NDP
23Y / 0N
Independent
1Y / 2N
Green Party
0Y / 2N
Division #343
Agreed To
2023-06-01T15:15:00

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

317Yea
0Nay
2Paired

Vote by party

Liberal
149Y / 0N
Conservative
113Y / 0N
Bloc Québécois
29Y / 0N
NDP
22Y / 0N
Green Party
2Y / 0N
Independent
2Y / 0N

Parliamentary Debates (89)

Speeches in the House of Commons that mention Bill C-42.

Hon. Mark Holland2023-05-04
Business of the House
0

Oral Questions

… S-5, which would amend the Canadian Environmental Protection Act. On Tuesday morning, we will call Bill C-42 regarding the Canada Business Corporations Act and then return to debate on Bill S-5 in the afternoon. On Wednesday and Friday, we will call Bill C-13, an act for substantive equity of Canada's offic…

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Mr. Chandra Arya2023-04-28
Canada Business Corporations Act
0

Government Orders

Mr. Speaker, I will be sharing my time with the hon. member for Richmond Hill. I rise to speak to Bill C-42, which would implement a public and searchable beneficial ownership registry of corporations governed under the Canada Business Corporations Act. We have an issue with money ‎laundering and terrorist…

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2023-04-28
Canada Business Corporations Act
Procedural

Government Orders

The House resumed consideration of the motion that Bill C-42, An Act to amend the Canada Business Corporations Act and to make consequential and related amendments to other Acts, be read the second time and referred to a committee.

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The Acting Speaker2023-04-28
Canada Business Corporations Act
Procedural

Government Orders

I will remind members that there is a lot of latitude in debate, but we are meant to be speaking to Bill C-42 at this time. That being said, I will allow the hon. member for Nepean to respond.

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Mr. Majid Jowhari2023-04-28
Canada Business Corporations Act
0

Government Orders

Mr. Speaker, today I rise to address the chamber on Bill C-42, which would amend the Canada Business Corporation Act, or CBCA, and make consequential changes to other statutes. We are here to discuss this proposed legislation because a lack of beneficial owners…

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Mr. Kevin Lamoureux2023-04-28
Canada Business Corporations Act
0

Government Orders

Madam Speaker, it is a pleasure to rise to speak to Bill C-42 today. I think it is very important for us to recognize that, as time goes by, we have had, very much, a heightened sense of awareness on such an important issue. If I reflect back to a number of yea…

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Mr. Brad Vis2023-04-28
Canada Business Corporations Act
0

Government Orders

…, as the member for Winnipeg North summarized, we have been having a pretty comprehensive debate on Bill C-42. There have been suggested amendments from each party, with broad unanimity that we need to take further action to combat money laundering in Canada and its impact on the housing market. I was partic…

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Mr. Alistair MacGregor2023-04-28
Canada Business Corporations Act
0

Government Orders

…dule it for Friday sittings. That is just my opinion. There is an offence and punishment section in Bill C-42. It lists that corporations found guilty of an offence can be liable for a fine not exceeding $5,000. The punishment for individuals can be as high as $200,000. Of course, the whole purpose of this b…

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2023-04-28
Canada Business Corporations Act
Procedural

Government Orders

The House resumed from March 31 consideration of the motion that Bill C-42, An Act to amend the Canada Business Corporations Act and to make consequential and related amendments to other Acts, be read the second time and referred to a committee.

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Mr. Gabriel Ste-Marie2023-04-28
Canada Business Corporations Act
0

Government Orders

…nformation exchange agreements with Canada remains tax-free. This has to stop. Yes, we will support Bill C-42, but it does not go far enough. A registry is good, but tax fairness is better.

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