Bill C-25 · 37th Parliament · Jean Chrétien
An Act to amend the Farm Credit Corporation Act and to make consequential amendments to other Acts
Government bill. Became law.
- IntroducedApril 5, 2001
- Debated in principleMay 1, 2001
- Studied by a committeeDone
- Passed its first chamberJune 11, 2001
- Passed the second chamberJune 13, 2001
- Became lawJune 13, 2001
Leading supporters
Ranked by the part each played: who is responsible for the bill, who carried it, and who spoke for it most.
- Jean ChrétienPrime Minister
Who carries this bill
Arrows run from the person responsible to those who answer to them on this bill. The critic leads the Senate’s scrutiny and answers to no one on it.
Where members stand
Votes and debate for this bill have not been read yet.
How it changed on the way
51% of the text as introduced was changed or removed by the time it became law (2,334 words introduced, 1,986 passed).
moderate changeintent mostly kept
The bill kept its core purpose of renaming the Farm Credit Corporation to Farm Credit Canada and expanding its lending and service powers. Parliament added one new restriction on farmland disposal plus explicit schedule amendments and the royal assent date.
- Added a new power requiring timely disposal of acquired farmland.
After: “(f.41) dispose of farmland acquired by it, provided that the disposal is at fair market value and is done as quickly as possible, and in any case no longer than five years, after the acquisition;”
How precisely it is written
mostly preciseChallenging the law: HardDisputing a charge: Moderate
The bill uses defined terms and lists specific powers and time limits, making most of what the Corporation may do clear from the text. A few phrases still leave room for argument over scope or timing.
Open to argument
“within parameters that are satisfactory to the Minister of Finance”
Subjective ministerial approval replaces an objective test or fixed limit.“as quickly as possible, and in any case no longer than five years”
The 'as quickly as possible' standard invites debate over what speed is required.“such terms as the Governor in Council considers appropri”
Broad discretion is granted without statutory criteria.
Clear-cut
“no longer than five years, after the acquisition”
A fixed maximum period removes uncertainty about duration.“A person may not act as President for a period of more than 90 days without the approval of the Governor in Council”
A clear numerical limit and approval requirement are stated.
Discretion. The Governor in Council sets appointment terms and may approve acting presidents beyond 90 days; the Minister of Finance must be satisfied with equity-investment parameters; and the Board decides when to authorize acting officers.
Challenging the law itself. The Act concerns corporate powers and name changes with no obvious engagement of Charter rights such as expression or equality.
Disputing a charge under it. Most powers are listed specifically, but phrases like 'satisfactory to the Minister' and 'as quickly as possible' could be disputed when arguing whether a transaction stayed inside the statutory bounds.
Read by a language model from the royal assent text; every quoted phrase appears in the bill. A reading of the drafting, not legal advice.
Did it work?
no evaluation found
Who lobbied on it
No lobbying registration naming this bill is loaded.
Stages and dates from LEGISinfo.