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Decentralized Democracy

House Hansard - 177

44th Parl. 1st Sess.
March 31, 2023 10:00AM
Context: House Hansard - 177 - Mar/31/23
Mr. Daniel Blaikie (Elmwood—Transcona, NDP)
  • Mar/31/23 10:23:11 a.m.
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Madam Speaker, we know that a well-designed registry is needed to facilitate the enforcement of sanctions, as in the case of Vladimir Putin and his Russian oligarchs. We also know that it is important to ensure that the most wealthy Canadians pay their fair share. I am very pleased to see progress in that regard. We also know that the participation of the provinces and territories is vital to the success of this type of registry. Could the minister provide an update on the state of negotiations between the federal government and the provinces and territories? Does he have some idea of when all the provinces and territories will be contributing to the federal registry?
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Context: House Hansard - 177 - Mar/31/23
Mr. Brad Vis (Mission—Matsqui—Fraser Canyon, CPC)
  • Mar/31/23 10:25:17 a.m.
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Madam Speaker, proposed subsection 21.‍303(3), “Exemption on application”, notes, “the Director may choose to not make it available to the public, subject to any terms that the Director thinks fit”. Under proposed subparagraph 21.‍303(3)(b)(iii), at the top of page 4, it says, “prescribed circumstances apply to the individual.” There is a lot of leeway in the bill, as it is currently written, for the director of Corporations Canada to determine what information could be exempt. I am wondering if the government is open to some clarification or any type of schedule that we could develop to ensure that the maximum number of corporations that should be in the registry are in fact covered. I would also note that the points on interoperability with the province will likely need some clarification as well, just to ensure that the registry is in fact pan-Canadian.
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Context: House Hansard - 177 - Mar/31/23
Mr. Brad Vis
  • Mar/31/23 10:46:34 a.m.
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Madam Speaker, some of these amendments would seek to determine the role of the provinces and territories in guaranteeing the interoperability of this registry. We must also study the Canada Corporations Act threshold.
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