Bill Detail

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An Act to amend the Excise Tax Act and the Competition Act โœ“ Became Law

BillC-56
Session44-1
StageLaw (royal assent given)
Introduced2023-09-21
Proposed byChrystia Freeland
parl.ca ↗

Part 1 amends the Excise Tax Act in order to implement a temporary enhancement to the GST New Residential Rental Property Rebate in respect of new purpose-built rental housing.

Part 2 amends the Competition Act to, among other things,

✦ AI Summary

Bill C-56, now the Affordable Housing and Groceries Act, aims to boost the construction of new rental housing and improve competition. It enhances a GST rebate for builders of new, purpose-built rental properties, encouraging more rental units. The bill also gives the Competition Bureau new powers to investigate market competition and allows the Competition Tribunal to address anti-competitive agreements more effectively, even if the parties involved aren't direct competitors.

Generated by Gemini ยท may contain errors

Legislative Timeline

2023-09-21
First reading
โœฆ AIBill proposes GST rebate enhancement and Competition Act amendments.
Current
Law (royal assent given)
โœฆ AICompetition Act exceptions in sections 90.1 and 96 were repealed.

Votes

Vote #: 606 Date: 2023-12-11 Result: Passed Yes: 315 No: 1 Paired: 4

Yes / No Ratio

Yes99.7%
No0.3%

How each party voted

PartyPositionYesNo
BlocYes100%0%
ConservativeYes100%0%
GreenYes100%0%
LiberalYes100%0%
NDPYes100%0%