C-230An Act to amend the Financial Administration Act and to make consequential amendments to other Acts (debt forgiveness registry)
Private member's bill, introduced in the House of Commons on September 19, 2025
- Status
- In committee in the Senate since June 16, 2026
What it does
Requires a public online registry of large debts and claims owed to His Majesty that are forgiven, remitted, written off or waived.
What it does
- Creates an online, searchable public registry for debts or claims owed by corporations, trust companies or partnerships to His Majesty when $2 million or more is forgiven, remitted, written off or waived.
- Requires the registry to show the name, amount, status, fiscal year, and the law or agreement behind each debt or claim, plus any other information the Treasury Board President chooses.
- Allows the Treasury Board President to leave out confidential, personal, or sensitive information, and requires the registry to say why information was excluded.
- Requires the registry to be set up within 18 months and updated within 90 days after the Public Accounts are tabled in the House of Commons each year.
- Changes several tax and excise laws so confidential information may be shared only for sections 23 to 25.1 of the Financial Administration Act.
Who it affects
- Treasury Board President
- Federal government
- Corporations
- Trust companies
- Partnerships
- Crown corporations
- Tax authorities
Background
The bill adds a new public registry rule to the Financial Administration Act. It also amends several laws that protect taxpayer and other confidential information so they can be used for the registry.
Where it is
House of Commons
First reading
Completed.
Second reading
Completed.
Committee
Completed.
Report stage
Completed.
Third reading
Completed.
Senate
First reading
Completed.
Second reading
Completed.
Committee
Current stage. Now here
Report stage
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
What MPs said
Each party’s first speech on this bill in the House, from Hansard. Excerpts are the speaker’s opening sentences, unedited.
LiberalRyan Turnbull· November 27, 2025
“I am pleased to rise today to speak to Bill C-230, an act to amend the Financial Administration Act and to make consequential amendments to other acts. I want to thank the member for Simcoe North for putting this forth.”
Read the full speech on openparliament.caConservativeAdam Chambers· November 27, 2025
“The bill, if enacted, would require the government, on an annual basis, to provide the names and reasons for which these writeoffs are given to corporations so that the public can see in full light what is happening with their taxpayer dollars.”
Read the full speech on openparliament.caBlocSébastien Lemire· November 27, 2025
“To avoid the public disclosure of all debts, obligations and claims, the bill also specifies that it would apply exclusively to debts, obligations or claims over $1 million that have been waived, written off or forgiven, in whole or in part. The registry would specify the name of the corporation, trust company or partnership.”
Read the full speech on openparliament.ca
Read the source
LEGISinfo status: At consideration in committee in the Senate. Bill data from LEGISinfo, votes from openparliament.ca and the House of Commons. Last updated October 13, 2026.