Bill C-30 · 43th Parliament · Justin Trudeau
Budget Implementation Act, 2021, No. 1
An Act to implement certain provisions of the budget tabled in Parliament on April 19, 2021 and other measures
Government bill. Became law.
- IntroducedApril 30, 2021
- Debated in principleMay 27, 2021
- Studied by a committeeDone
- Passed its first chamberJune 23, 2021
- Passed the second chamberJune 29, 2021
- Became lawJune 29, 2021
Leading supporters
Ranked by the part each played: who is responsible for the bill, who carried it, and who spoke for it most.
- Justin TrudeauPrime 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.
What it set out to do
On 30 April 2021, the Deputy Prime Minister and Minister of Finance introduced Bill C-30, An Act to implement certain provisions of the budget tabled in Parliament on April 19, 2021 and other measures (Budget Implementation Act, 2021, No. 1), in the House of Commons and it was given first reading. Bill C-30 Part 1 implements certain income tax measures by (a) providing relieving measures in connection with COVID-19 in respect of the use by an employee of an employer-provided automobile for the 2020 and 2021 taxation years; (b) limiting the benefit of the employee stock option deduction for employees of certain employers; (c) providing an adjustment for payments or repayments of government assistance in determining capital cost allowance for certain zero-emission vehicles; (d) expanding the scope of the foreign affiliate dumping rules to further their objectives; (e) providing change in use rules for multi-unit residential properties; (f) establishing rules for advanced life deferred annuities; (g) providing for an option to deduct repaid emergency benefit amounts in the year of benefit receipt and clarifying the tax treatment of non-resident beneficiaries; (h) removing the time lim…
Summary by the Library of Parliament.
Where members stand
Votes and debate for this bill have not been read yet.
How it changed on the way
24% of the text as introduced was changed or removed by the time it became law (109,282 words introduced, 108,988 passed). A committee amended it.
moderate changeintent mostly kept
One division on securities regulation payments was dropped and later divisions were renumbered by one. A new division was added authorizing the National Research Council to produce drugs and devices.
- Division on Canadian Securities Regulation Regime Transition Office payments was removed.
Before: “Division 5 of Part 4 amends the Canadian Securities Regulation Regime Transition Office Act to increase the maximum amount of direct payments that the Minister of Finance may make to the Canadian Securities Regulation Regime Transition Office.”
- New authority was added for the National Research Council to produce drugs or devices.
After: “Division 27 of Part 4 amends the National Research Council Act to provide the National Research Council of Canada with the authority to engage in the production of "drugs" or "devices", as those terms are defined in the Food and Drugs Act , for the purpose of protecting or improving public health.”
How precisely it is written
The drafting has not been read yet.
Did it work?
The evidence has not been searched yet.
Who lobbied on it
No lobbying registration naming this bill is loaded.
Stages and dates from LEGISinfo.