Bill C-69 · 44th Parliament · Justin Trudeau
Budget Implementation Act, 2024, No. 1
An Act to implement certain provisions of the budget tabled in Parliament on April 16, 2024
Government bill. Became law.
- IntroducedMay 2, 2024
- Debated in principleMay 22, 2024
- Studied by a committeeDone
- Passed its first chamberJune 19, 2024
- Passed the second chamberJune 20, 2024
- Became lawJune 20, 2024
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
- Tony LoffredaSenate · Sponsor in the Senate
- Taylor BachrachNDP
- Parm BainsLiberalDescribes Bill C-69 as reinforcing fairness and building a better Canada for all generations.
- Francesco SorbaraLiberalDescribes bill as moving Canada forward with strong economic fundamentals.
- Mark GerretsenLiberalDescribes the legislation as creating fairness and opportunities for younger generations.
- Don DaviesNDPdefends government's role in delivering services and highlights NDP leverage to improve the bill.
- Peter JulianNDPStates the NDP will support the budget due to provisions forced into it that help Canadians.
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 2 May 2024, the Deputy Prime Minister and Minister of Finance introduced Bill C-69, An Act to implement certain provisions of the budget tabled in Parliament on April 16, 2024 (Budget Implementation Act, 2024, No. 1), and it was given first reading. Part 1 implements certain measures in respect of the Income Tax Act and the Income Tax Regulations by (a) denying income tax deductions for expenses incurred with respect to non-compliant short-term rentals; (b) exempting from taxation the international shipping income of certain Canadian resident companies; (c) exempting from taxation any income of the trusts established under the First Nations Child and Family Services, Jordan’s Principle, and Trout Class Settlement Agreement; (d) doubling the volunteer firefighters and search and rescue volunteers tax credits; (e) extending the eligibility for the Canada child benefit in respect of a child for six months after the child’s death; (f) increasing the cap on labour expenditures per eligible newsroom employee from $55,000 to $85,000 and increasing, for four years, the Canadian journalism labour tax credit rate from 25% to 35%; (g) extending eligibility for the mineral exploration tax c…
Summary by the Library of Parliament.
Where members stand
3rd reading and adoption of Bill C-69 · 2024-06-19 · Passed
- Voted for: 173
- Voted against: 150
- Paired: 2
- Did not vote: 9
How it changed on the way
10% of the text as introduced was changed or removed by the time it became law (207,785 words introduced, 202,598 passed). A committee amended it.
moderate changeintent narrowed
The bill removed the entire set of reforms to the in-Canada asylum system under the Immigration and Refugee Protection Act and renumbered later divisions. Technical tax amendments and a narrower provision on immigrant stations were added during passage.
- Division 38 on asylum system reforms was deleted and replaced by a narrower immigrant stations measure.
Before: “Division 38 of Part 4 amends the Immigration and Refugee Protection Act to, among other things, (a) eliminate the designated countries of origin regime;”
After: “Division 38 of Part 4 amends the Corrections and Conditional Release Act to, among other things, (a) provide that the Correctional Service of Canada is responsible for implementing any arrangement”
- Subsequent divisions were renumbered after the asylum provisions were dropped.
Before: “383 DIVISION 38 Immigration and Refugee Protection Act (In-Canada Asylum System) 385 DIVISION 39 Immigrant Stations”
After: “383 DIVISION 38 Immigrant Stations 385 DIVISION 39 Measures Related to Public Debt and the Borrowing of Money”
- New technical amendments on undepreciated capital cost and clean hydrogen tax credit were inserted.
After: “(10) The portion of paragraph 13(24)(a) of the Act before subparagraph (i), as enacted by subsection (9), is replaced by the following: (a) subject to paragraph (b), for the purposes of the description of A in the definition undepreciated capital cost in subsection (21) and of sections 127, 127.1, 127.48 and 127.49, the property is deemed”
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.