Bill Detail
An Act to amend the Financial Administration Act and to make consequential amendments to other Acts (debt forgiveness registry)
This enactment amends the Financial Administration Act to require that the President of the Treasury Board establish and maintain a public registry of large debts and obligations owed by certain entities to His Majesty, as well as claims by His Majesty against such entities, that have been waived, written off or forgiven. It also makes consequential amendments to other Acts.
Bill C-230 requires the President of the Treasury Board to create and maintain a public online registry of large debts and obligations owed to the government, as well as claims the government has against entities, that have been forgiven, written off, or waived. This registry will include details such as the name of the entity, the amount forgiven, and the reason for it, for any debt over $2 million. The goal is to increase transparency around how public funds are handled when large amounts are remitted or waived.
Legislative Timeline
Votes
Yes / No Ratio
How each party voted
| Party | Position | Yes | No |
|---|---|---|---|
| Bloc | No | 0% | 100% |
| Conservative | Yes | 100% | 0% |
| Green | No | 0% | 100% |
| Liberal | No | 0% | 100% |
| NDP | No | 0% | 100% |