PACP Committee Report

(a) by replacing line 8 on page 1 with the following:

“online, searchable database containing information relating to”

“pany or partnership to His Majesty — and to any claim by”

“partnership — that was, in whole or in part, remitted, forgiven, written off or waived, under this or any other Act of Parliament, in an amount of $2,000,000 or more.”

“poration, trust company or partnership;

(b) the amount that was remitted, forgiven, written off or waived;

(c) an indication of whether the debt, obligation or claim was remitted, forgiven, written off or waived;

(d) the fiscal year in which the debt, obligation or claim was remitted, forgiven, written off or waived;

(e) the Act of Parliament or agreement, arrangement, contract or other instrument or act under which the debt, obligation or claim arose;

(f) the Act of Parliament under which the debt, obligation or claim was remitted, forgiven, written off or waived; and

(g) any other information that the President of the Treasury Board considers appropriate.”

That Bill C-230, in Clause 1, be amended by adding after line 7 on page 2 the following:

“Exception

(3) Despite subsection (2), the President of the Treasury Board may exclude from the registry any information that, in their opinion, would be inappropriate to make publicly accessible for reasons related to the protection of confidential, personal or sensitive information.

(3.1) If any information is excluded from the registry under subsection (3), the President of the Treasury Board must identify in the registry whether the information was excluded for reasons relating to the protection of confidential information, personal information or sensitive information.

Establishment of registry

(4) The registry must be established within 18 months after the day on which this section comes into force and, on the day that it is established, must include information relating to each debt, obligation or claim referred to in subsection (1) that was remitted, forgiven, written off or waived — after the day on which this section comes into force — during the fiscal year to which the Public Accounts most recently tabled in the House of Commons relate.

Maintenance of registry

(5) Within 90 days after the day on which the Public Accounts are tabled in the House of Commons, the President of the Treasury Board must update the registry to include information relating to each debt, obligation or claim referred to in subsection (1) that was remitted, forgiven, written off or waived during the fiscal year to which the tabled Public Accounts relate.

For greater certainty

(6) For greater certainty, for the purposes of this section, a debt or obligation owed to a Crown corporation is not a debt or obligation owed to His Majesty and a claim by a Crown corporation is not a claim by His Majesty.”

New Clause 8

That Bill C-230 be amended by adding after line 13 on page 3 the following new clause:

“Coordinating Amendments

Bill C-15

8 (1) Subsections (2) and (3) apply if Bill C-15, introduced in the 1st session of the 45th Parliament and entitled Budget 2025 Implementation Act, No. 1 (in this section referred to as the “other Act”), receives royal assent.

(2) If subsection 126(2) of the other Act comes into force before section 6 of this Act, then that section 6 is deemed never to have come into force and is repealed.

(3) If subsection 126(2) of the other Act comes into force on the same day as section 6 of this Act, then that section 6 is deemed never to have come into force and is repealed.”