Bill C-230 — Loi modifiant la Loi sur la gestion des finances publiques et d’autres lois en conséquence (registre de créances visées par une renonciation)
Tracking Government Debt Relief
Ce projet de loi créerait un registre public en ligne. Ce registre listerait les dettes de plus de 1 million $ que des compagnies doivent au gouvernement et qui ont été annulées ou pardonnées. Le registre montrerait le nom de la compagnie, le montant annulé, et la loi concernée. Le projet de loi permettrait aussi de partager des informations fiscales pour créer ce registre.
I think it's good to try to make things more open and honest. I see some possible problems with this plan that we need to look at closely, like privacy and costs. But overall, I think this is a good idea and I want to keep working on it.
I think this bill is good because it will make the government more open about forgiven debts. It will help us track loans that are not paid back, which is important because the government is giving out more loans to help businesses.
I think it's wrong that the government tracks regular Canadians but hides tax debts owed by big companies. My bill would make public a list of companies that have had over $1 million in debt forgiven, so Canadians can see who isn't paying their fair share.
The Canadian Parliament voted to create a list of debts over $2 million that the government has decided not to collect. A member of Parliament wanted to make the government more open about these decisions. Now, it will be easier to see how the government handles large unpaid debts.
This article focuses on the MP who proposed the law and the goal of increasing transparency.
The article accurately describes the purpose of the bill as creating a public registry of debt write-offs.
Where this proposed law falls on the policy spectrums that Canadians care about
Choisissez vos 3 priorités pour voir comment ce projet de loi correspond à ce qui vous tient à cœur.
Inscription gratuite — 30 sThis proposed law aims to make it public when large debts owed by businesses to the Canadian government are forgiven. It will create an online list so citizens can see which companies had debts of $1,000,000 or more waived. However, it does not include debts forgiven for individuals, nor does it require the government to explain why a debt was forgiven.
Things to Watch For
- The registry will not show if debts owed by individuals are forgiven, only those from businesses.
- It does not require the government to explain why a debt was waived, written off, or forgiven.
- The law does not say how often the registry will be updated or who will make sure the information is correct.
- The government has a lot of power to decide what 'other information' to include in the registry.
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How likely this proposed law is to be approved
This is a private member's proposed law, meaning it wasn't proposed by the government, and it's still early in the process. Private member's proposed laws rarely pass.
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