Bill Detail

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An Act to amend the Bankruptcy and Insolvency Act and the Companies' Creditors Arrangement Act (public institutions)

BillC-309
Session44-1
StageOutside Order of Precedence
Introduced2022-12-01
Proposed byCharlie Angus
parl.ca ↗

This enactment amends the Bankruptcy and Insolvency Act and the Companies’ Creditors Arrangement Act to exclude certain public institutions from their application.

✦ AI Summary

This bill aims to exclude certain public institutions from the scope of Canada's bankruptcy and insolvency laws. Specifically, it proposes to amend the Bankruptcy and Insolvency Act and the Companies' Creditors Arrangement Act. The goal is to ensure that public institutions receiving government grants and subject to government oversight are not automatically subject to the same bankruptcy procedures as private corporations.

Generated by Gemini · may contain errors

Legislative Timeline

2022-12-01
First reading
✦ AIBill proposed to exclude public institutions from bankruptcy laws.
Current
Outside Order of Precedence

Votes

Vote #: 186 Date: 2017-02-01 Result: Passed Yes: 287 No: 1

Yes / No Ratio

Yes99.7%
No0.3%

How each party voted

PartyPositionYesNo
BlocYes100%0%
ConservativeYes100%0%
GreenDidn't vote0%0%
LiberalYes100%0%
NDPYes100%0%