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Member of Parliament

Rick Perkins

  • Member of Parliament
  • Member of Parliament
  • Conservative
  • South Shore—St. Margarets
  • Nova Scotia
  • Voting Attendance: 67%
  • Expenses Last Quarter: $136,927.65

  • Government Page
Context: House Hansard - 217 - Jun/20/23
Mr. Rick Perkins (South Shore—St. Margarets, CPC)
  • Jun/20/23 9:19:25 p.m.
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  • Re: Bill C-42 
Madam Speaker, I had the honour to serve with the member on the committee that briefly looked at this bill. One of the most important proposed amendments the government rejected was one that would have taken the level of reporting of who owns what percentage of shares down from 25%, meaning anyone who has 25% or more has to be recorded, down to 10%, and 10% of course is what is used for making public disclosure by the Ontario Securities Commission. When one acquires shares in a company, they have to publicly disclose if they have 10% or more. I would like the member to comment on what value that would have brought and how disappointing it was for us that the government did not consider it.
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