C-309An Act to amend the Bankruptcy and Insolvency Act and the Companies' Creditors Arrangement Act (public institutions)
Private member's bill, introduced in the House of Commons on December 1, 2022
- Status
- At second reading in the House of Commons since December 1, 2022
What it does
Excludes certain public institutions from Canada’s bankruptcy and creditor-protection laws.
What it does
- Changes the Bankruptcy and Insolvency Act so some public institutions are not treated as corporations under that law.
- Changes the Companies’ Creditors Arrangement Act so some public institutions are not treated as companies under that law.
- Defines the excluded public institutions as ones that receive government operating grants and are subject to federal or provincial rules on governance, accountability, finance and administration.
Who it affects
- Public institutions with government grants
- Federal and provincial governments
- Creditors of public institutions
Background
The bill amends the Bankruptcy and Insolvency Act and the Companies’ Creditors Arrangement Act by narrowing who those laws apply to.
Where it is
House of Commons
First reading
Completed.
Second reading
Current stage. Now here
Committee
Not reached.
Report stage
Not reached.
Third reading
Not reached.
Senate
First reading
Not reached.
Second reading
Not reached.
Committee
Not reached.
Third reading
Not reached.
Royal assent
Royal assent
Not reached.
Introduced by an MP who is not a minister. These bills compete in a lottery for debate time, and most do not become law. How a bill becomes law
How the House voted
No recorded votes yet
Read the source
LEGISinfo status: Outside the Order of Precedence. Bill data from LEGISinfo, votes from openparliament.ca and the House of Commons. Last updated October 13, 2026.