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Tabled

C-69Budget Implementation Act, 2024, No. 1

An Act to implement certain provisions of the budget tabled in Parliament on April 16, 2024

Government bill, introduced in the House of Commons on May 2, 2024

Status
Became law on June 20, 2024 · S.C. 2024, c. 17
Sponsor
Chrystia FreelandLiberal
Deputy Prime Minister and Minister of Finance

What it does

Implements budget measures, creates a global minimum tax, and makes changes to taxes, housing, labour, benefits, finance, immigration and criminal law.

What it does

  • Changes income tax rules, including limits on deductions for non-compliant short-term rentals, higher credits for volunteer firefighters and search and rescue volunteers, a larger home buyers’ plan withdrawal limit, and new tax credits for journalism, clean hydrogen and clean manufacturing.
  • Creates the Global Minimum Tax Act, which applies a 15% minimum effective tax rate to large multinational corporations and sets reporting, filing, administration and enforcement rules.
  • Changes housing rules by delaying the repeal of the ban on non-Canadians buying residential property, raising CMHC guarantee limits, and adding some underused housing tax exemptions and filing relief.
  • Adds or expands benefits and supports, including school food payments to provinces, student loan forgiveness for more health and care workers, changes to the Canada Child Benefit, and new or updated Canada Pension Plan benefits.
  • Changes labour and employment rules, including a presumption that paid workers are employees, new rules for workplace communication and terminations, and an extension of extra EI weeks for some seasonal workers until October 24, 2026.
  • Makes many other changes, including new consumer-driven banking rules, updates to immigration and refugee procedures, changes to tobacco, vaping and alcohol excise duties, and new or expanded powers in criminal, health and money-laundering law.

Who it affects

  • Taxpayers
  • Large multinationals
  • Home buyers
  • Workers and employers
  • Students and schools
  • Financial institutions
  • Immigrants and refugee claimants
  • Tobacco, vaping and alcohol businesses

Background

The bill implements certain measures from the federal budget tabled on April 16, 2024. It also enacts the Global Minimum Tax Act and amends many other federal laws.

Where it is

Last activity Jun 20, 2024

House of Commons

  1. First reading

    Completed.

  2. Second reading

    Completed.

  3. Committee

    Completed.

  4. Report stage

    Completed.

  5. Third reading

    Completed.

Senate

  1. First reading

    Completed.

  2. Second reading

    Completed.

  3. Committee

    Completed.

  4. Third reading

    Completed.

  5. Senate pre study

    Completed.

Royal assent

  1. Royal assent

    Completed.

Introduced by a cabinet minister on behalf of the government. Government bills get set time for debate, so they are the most likely to become law. How a bill becomes law

How the House voted

21 recorded votes
  1. Party breakdown for vote 847
    PartyPositionYeaNay
    LiberalYea1480
    ConservativeNay0116
    BlocNay031
    NDPYea230
    GreenSplit evenly11
    IndependentNay1 broke ranks12
    Total173150
  2. Party breakdown for vote 846
    PartyPositionYeaNay
    LiberalYea1490
    ConservativeNay0116
    BlocNay031
    NDPYea230
    GreenYea20
    IndependentNay01
    Total174148
  3. Party breakdown for vote 845
    PartyPositionYeaNay
    LiberalNay0149
    ConservativeYea1160
    BlocNay031
    NDPNay023
    GreenNay02
    IndependentNay01
    Total116206
  4. Party breakdown for vote 844
    PartyPositionYeaNay
    LiberalNay0149
    ConservativeYea1160
    BlocYea310
    NDPNay023
    GreenNay02
    IndependentYea10
    Total148174
  5. Party breakdown for vote 843
    PartyPositionYeaNay
    LiberalNay0149
    ConservativeYea1160
    BlocNay031
    NDPNay023
    GreenNay02
    IndependentNay01
    Total116206
  6. Party breakdown for vote 842
    PartyPositionYeaNay
    LiberalNay0149
    ConservativeYea1160
    BlocNay031
    NDPNay023
    GreenNay02
    IndependentNay01
    Total116206
  7. Party breakdown for vote 841
    PartyPositionYeaNay
    LiberalNay0149
    ConservativeYea1160
    BlocNay031
    NDPNay023
    GreenNay02
    IndependentNay01
    Total116206
  8. Party breakdown for vote 840
    PartyPositionYeaNay
    LiberalNay0149
    ConservativeYea1160
    BlocNay031
    NDPNay023
    GreenNay02
    IndependentNay01
    Total116206
  9. Party breakdown for vote 839
    PartyPositionYeaNay
    LiberalNay0149
    ConservativeYea1160
    BlocYea310
    NDPNay023
    GreenNay02
    IndependentYea10
    Total148174
  10. Party breakdown for vote 838
    PartyPositionYeaNay
    LiberalNay0149
    ConservativeYea1160
    BlocNay031
    NDPNay023
    GreenNay02
    IndependentNay01
    Total116206
  11. Party breakdown for vote 837
    PartyPositionYeaNay
    LiberalNay0149
    ConservativeYea1160
    BlocNay031
    NDPNay023
    GreenNay02
    IndependentNay01
    Total116206
  12. Party breakdown for vote 836
    PartyPositionYeaNay
    LiberalNay0149
    ConservativeYea1160
    BlocYea310
    NDPNay023
    GreenNay02
    IndependentYea10
    Total148174
  13. Party breakdown for vote 835
    PartyPositionYeaNay
    LiberalNay0149
    ConservativeYea1160
    BlocNay031
    NDPNay023
    GreenNay02
    IndependentNay01
    Total116206
  14. Party breakdown for vote 834
    PartyPositionYeaNay
    LiberalNay0149
    ConservativeYea1160
    BlocNay031
    NDPNay023
    GreenNay02
    IndependentNay01
    Total116206
  15. Party breakdown for vote 833
    PartyPositionYeaNay
    LiberalNay0149
    ConservativeYea1160
    BlocNay031
    NDPNay023
    GreenNay02
    IndependentNay01
    Total116206
  16. Party breakdown for vote 832
    PartyPositionYeaNay
    LiberalNay0149
    ConservativeYea1160
    BlocNay031
    NDPNay023
    GreenNay02
    IndependentNay01
    Total116206
  17. Party breakdown for vote 831
    PartyPositionYeaNay
    LiberalNay0149
    ConservativeYea1160
    BlocNay031
    NDPNay023
    GreenNay02
    IndependentNay1 broke ranks12
    Total117207
  18. Party breakdown for vote 825
    PartyPositionYeaNay
    LiberalYea1500
    ConservativeNay0117
    BlocNay028
    NDPYea230
    GreenYea20
    IndependentNay02
    Total175147
  19. Party breakdown for vote 766
    PartyPositionYeaNay
    LiberalYea1480
    ConservativeNay0113
    BlocNay029
    NDPYea230
    GreenYea20
    IndependentSplit evenly11
    Total174143
  20. Party breakdown for vote 765
    PartyPositionYeaNay
    LiberalNay0148
    ConservativeYea1140
    BlocNay029
    NDPNay023
    GreenNay02
    IndependentSplit evenly11
    Total115203
  21. Party breakdown for vote 761
    PartyPositionYeaNay
    LiberalYea1480
    ConservativeNay0114
    BlocNay028
    NDPYea230
    GreenNay02
    IndependentNay1 broke ranks12
    Total172146

What MPs said

Each party’s first speech on this bill in the House, from Hansard. Excerpts are the speaker’s opening sentences, unedited.

  • LiberalKevin Lamoureux· May 6, 2024

    “What a pleasure it is to rise to start the debate on Bill C-69. Governments have an opportunity every year to set down in legislation initiatives that could have a wonderful impact.”
    Read the full speech on openparliament.ca
  • ConservativeJasraj Singh Hallan· May 6, 2024

    “This is another budget bonanza, with $40 billion of new net inflationary spending. That is only going to add to the already doubled debt after nine years of the Liberal-NDP Prime Minister that caused 40-year highs in inflation and the most rapid interest rate hikes, not seen in Canadian history, which put Canadians most at risk in the G7 for a mortgage default crisis.”
    Read the full speech on openparliament.ca
  • BlocJean-Denis Garon· May 6, 2024

    “This may not be the worst part, but what makes this bill even more unacceptable is the part about open banking.”
    Read the full speech on openparliament.ca
  • NDPDon Davies· May 6, 2024

    “Likewise, Bill C-69, the bill under consideration in the House, the budget implementation act, 2024, No. 1, includes many of those positive measures that the NDP was able to compel the Liberal government to implement. However, we acknowledge that the legislation has several and significant shortcomings.”
    Read the full speech on openparliament.ca
  • GreenMike Morrice· May 21, 2024

    “Second, for parents who are mourning the loss of a child, there is a provision in the bill that will extend the Canada child benefit for six months after a child's death. This is the least that the federal government can do to support parents in such a difficult, unimaginable time.”
    Read the full speech on openparliament.ca

Read the source

LEGISinfo status: Royal assent received. Bill data from LEGISinfo, votes from openparliament.ca and the House of Commons. Last updated October 13, 2026.

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