5085532 C-3 C 3 An Act to implement certain provisions of the 2011 budget as updated on June 6, 2011 Loi portant exécution de certaines dispositions du budget de 2011 mis à jour le 6 juin 2011 An Act to implement certain provisions of the 2011 budget as updated on June 6, 2011 Supporting Vulnerable Seniors and Strengthening Canada's Economy Act Loi visant le soutien aux aînés vulnérables et le renforcement de l'économie canadienne Supporting Vulnerable Seniors and Strengthening Canada's Economy Act 357 Royal assent received Sanction royale reçue Royal assent received 60046 Royal assent Sanction royale Royal assent Royal assent false 2 Senate Sénat Senate 60050 Royal assent Sanction royale Royal assent 60050 Royal assent Sanction royale Royal assent 2 Senate Sénat Senate 2011-06-26T00:00:00 41 1 3 House Government Bill Projet de loi émanant du gouvernement (Cdc) House Government Bill true 1 House of Commons Chambre des communes House of Commons true false 35751 Jim Flaherty Jim Flaherty Hon. L'hon. Hon. Minister of Finance ministre des Finances Minister of Finance 4 Minister ministre Minister 485 Whitby—Oshawa Whitby—Oshawa Whitby—Oshawa 60149 Royal assent Sanction royale 60050 Royal assent 2011-06-26T11:00:00 2 Senate Sénat Senate 0 0 12 2011-06-14T10:07:53 2011-06-15T18:45:00 2011-06-21T16:55:36 2011-06-21T00:00:00 2011-06-22T00:00:00 2011-06-23T00:00:00 2011-06-26T00:00:00 false false true true true true true true true false false 10 Regular Ordinaire Regular <div>The Library of Parliament does not prepare Legislative Summaries for budget implementation bills. The following is a short summary:<br/><br/>On 14 June 2011, the Minister of Finance introduced Bill C-3, the Supporting Vulnerable Seniors and Strengthening Canada's Economy Act, in the House of Commons and it was given first reading.<br/>Part 1 implements income tax measures and related measures proposed in the 2011 budget. In particular, it <br/><br/>(a) amends the Income Tax Act and related legislation to allow beneficiaries of Registered Disability Savings Plans who have shortened life expectancies to withdraw more of their plan savings by permitting annual withdrawals without triggering the 10-year repayment rule, subject to specified limits and certain conditions; and<br/><br/>(b) amends the Income Tax Act to ensure that individuals have the legal authority in all circumstances to appeal a determination concerning their eligibility for the disability tax credit.<br/><br/>Part 2 amends the Excise Tax Act to introduce a 100% rebate of the goods and services tax and the harmonized sales tax paid by the Royal Canadian Legion on acquisitions of Remembrance Day poppies and wreaths. It also amends the Excise Act, 2001 and the Excise Tax Act to allow the sharing of information obtained under these statutes with countries or jurisdictions with which Canada has entered into a tax information exchange agreement.<br/><br/>Part 3 amends the Old Age Security Act to allow an amount to be added to the amount of benefits payable to certain low-income beneficiaries. <br/><br/>Part 4 authorizes payments to be made out of the Consolidated Revenue Fund for various purposes.<br/><br/>Part 5 amends the Auditor General Act to repeal a provision that provides for mandatory retirement.<br/><br/>Part 6 amends the Canada Student Financial Assistance Act to change the rules concerning interest paid by part-time students.<br/><br/>Part 7 enacts the Protection of Residential Mortgage or Hypothecary Insurance Act, which is designed to support the efficient functioning of the housing finance market and the stability of the financial system in Canada by authorizing the Minister of Finance to provide protection in respect of certain mortgage or hypothecary insurance contracts. It also makes consequential amendments to the National Housing Act and the Office of the Superintendent of Financial Institutions Act and repeals Part 9 of the Budget Implementation Act, 2006.<br/><br/>Part 8 amends the Federal-Provincial Fiscal Arrangements Act to authorize additional payments to certain provinces in respect of major transfers.<br/><br/>Part 9 amends the Insurance Companies Act to prohibit a federal mutual company from distributing its property or other benefits to policyholders and shareholders, until the Minister of Finance has approved a conversion proposal made in accordance with the regulations.<br/><br/>Part 10 amends the Assessment of Financial Institutions Regulations, 2001 to modify the assessment of financial institutions and validates amounts assessed after May 31, 2001.<br/><br/>Part 11 amends the Financial Administration Act to permit departments to enter into agreements respecting the provision of internal support services. It also authorizes the transfer of money when a power, duty or function or the control or supervision of a portion of the federal public administration, is transferred under section 2 or 3 of the Public Service Rearrangement and Transfer of Duties Act.<br/><br/>Part 12 amends the Canada Shipping Act, 2001 to allow the Governor in Council to make regulations exempting vessels, and authorizing the Minister of Transport to temporarily exempt vessels, from the registration requirements in Part 2 of that Act. This Part also amends the Act to allow for the registration of a group of vessels as a fleet in the small vessel register, under a single certificate of registry and single official number.</div> <div>La Bibliothèque du Parlement ne prépare pas de Résumés législatifs pour les projets de loi portant exécution du budget. Ce qui suit est un court résumé : <br/><br/>Le 14 juin 2011, le ministre des finances a déposé le projet de loi C-3 : Loi visant le soutien aux aînés vulnérables et le renforcement de l'économie canadienne, à la Chambre des communes en première lecture.<br/><br/>La partie 1 met en œuvre des mesures concernant l’impôt sur le revenu et des mesures connexes qui ont été proposées dans le budget de 2011. Ces mesures consistent notamment :<br/><br/>a) à modifier la Loi de l’impôt sur le revenu et des textes connexes de façon que les bénéficiaires de régimes enregistrés d’épargne-invalidité dont l’espérance de vie est réduite puissent retirer annuellement de leurs épargnes des sommes plus importantes sans déclencher l’application de la règle de remboursement de dix ans, sous réserve de limites précises et de certaines conditions;<br/><br/>b) à modifier cette loi afin de veiller à ce que les particuliers aient l’autorisation légale, dans tous les cas, de faire appel d’une décision concernant leur admissibilité au crédit d’impôt pour personnes handicapées. <br/><br/>La partie 2 modifie la Loi sur la taxe d’accise afin de prévoir le remboursement total de la taxe sur les produits et services ou de la taxe de vente harmonisée payée par la Légion royale canadienne sur l’achat de coquelicots et de couronnes du jour du Souvenir. En outre, elle modifie la Loi de 2001 sur l’accise et la Loi sur la taxe d’accise de sorte que des renseignements obtenus en vertu de ces lois puissent être échangés entre le Canada et des pays ou des territoires avec lesquels il a conclu des accords d’échange de renseignements fiscaux.<br/><br/>La partie 3 modifie la Loi sur la sécurité de la vieillesse pour permettre l’ajout d’un montant aux prestations versées à certains prestataires à faible revenu.<br/><br/>La partie 4 autorise des paiements sur le Trésor.<br/><br/>La partie 5 modifie la Loi sur le vérificateur général par l’abrogation d’une disposition prévoyant la retraite obligatoire.<br/><br/>La partie 6 modifie la Loi fédérale sur l’aide financière aux étudiants pour changer les règles relatives aux intérêts à payer par les étudiants à temps partiel.<br/><br/>La partie 7 édicte la Loi sur la protection de l’assurance hypothécaire résidentielle, laquelle vise à soutenir le fonctionnement efficient du marché du financement de l’habitation et la stabilité du système financier au Canada en permettant au ministre des Finances de fournir une protection à l’égard de certains contrats d’assurance hypothécaire. Également, elle apporte des modifications corrélatives à la Loi nationale sur l’habitation et à la Loi sur le Bureau du surintendant des institutions financières et elle abroge la partie 9 de la Loi d’exécution du budget de 2006.<br/><br/>La partie 8 modifie la Loi sur les arrangements fiscaux entre le gouvernement fédéral et les provinces pour permettre le versement de sommes additionnelles à certaines provinces à l’égard des principaux transferts.<br/><br/>La partie 9 modifie la Loi sur les sociétés d’assurances afin d’interdire aux sociétés mutuelles fédérales de distribuer leurs biens à leurs souscripteurs ou actionnaires ou de fournir à ceux-ci tout autre avantage tant que le ministre des Finances n’a pas approuvé une proposition de transformation présentée en conformité avec les règlements.<br/><br/>La partie 10 modifie le Règlement de 2001 sur les cotisations des institutions financières de façon à modifier le calcul des cotisations des institutions financières et elle valide les cotisations imposées après le 31 mai 2001.<br/><br/>La partie 11 modifie la Loi sur la gestion des finances publiques afin d’autoriser les ministères à conclure des accords pour la fourniture de services de soutien internes. Elle autorise également le transfert de fonds en cas de transfert d’attributions ou de responsabilité au titre des articles 2 ou 3 de la Loi sur les restructurations et les transferts d’attributions dans l’administration publique.<br/><br/>La partie 12 modifie la Loi de 2001 sur la marine marchande du Canada afin de conférer au gouverneur en conseil le pouvoir de prendre des règlements pour dispenser certains bâtiments des exigences relatives à l’immatriculation prévues à la partie 2 de cette loi et pour autoriser le ministre à faire de même pour une période donnée. Elle modifie aussi cette loi afin de permettre l’immatriculation à titre de flotte, sous un seul certificat d’immatriculation et numéro matricule, d’un groupe de bâtiments dans la partie du Registre sur les petits bâtiments.</div> <div>The Library of Parliament does not prepare Legislative Summaries for budget implementation bills. The following is a short summary:<br/><br/>On 14 June 2011, the Minister of Finance introduced Bill C-3, the Supporting Vulnerable Seniors and Strengthening Canada's Economy Act, in the House of Commons and it was given first reading.<br/>Part 1 implements income tax measures and related measures proposed in the 2011 budget. In particular, it <br/><br/>(a) amends the Income Tax Act and related legislation to allow beneficiaries of Registered Disability Savings Plans who have shortened life expectancies to withdraw more of their plan savings by permitting annual withdrawals without triggering the 10-year repayment rule, subject to specified limits and certain conditions; and<br/><br/>(b) amends the Income Tax Act to ensure that individuals have the legal authority in all circumstances to appeal a determination concerning their eligibility for the disability tax credit.<br/><br/>Part 2 amends the Excise Tax Act to introduce a 100% rebate of the goods and services tax and the harmonized sales tax paid by the Royal Canadian Legion on acquisitions of Remembrance Day poppies and wreaths. It also amends the Excise Act, 2001 and the Excise Tax Act to allow the sharing of information obtained under these statutes with countries or jurisdictions with which Canada has entered into a tax information exchange agreement.<br/><br/>Part 3 amends the Old Age Security Act to allow an amount to be added to the amount of benefits payable to certain low-income beneficiaries. <br/><br/>Part 4 authorizes payments to be made out of the Consolidated Revenue Fund for various purposes.<br/><br/>Part 5 amends the Auditor General Act to repeal a provision that provides for mandatory retirement.<br/><br/>Part 6 amends the Canada Student Financial Assistance Act to change the rules concerning interest paid by part-time students.<br/><br/>Part 7 enacts the Protection of Residential Mortgage or Hypothecary Insurance Act, which is designed to support the efficient functioning of the housing finance market and the stability of the financial system in Canada by authorizing the Minister of Finance to provide protection in respect of certain mortgage or hypothecary insurance contracts. It also makes consequential amendments to the National Housing Act and the Office of the Superintendent of Financial Institutions Act and repeals Part 9 of the Budget Implementation Act, 2006.<br/><br/>Part 8 amends the Federal-Provincial Fiscal Arrangements Act to authorize additional payments to certain provinces in respect of major transfers.<br/><br/>Part 9 amends the Insurance Companies Act to prohibit a federal mutual company from distributing its property or other benefits to policyholders and shareholders, until the Minister of Finance has approved a conversion proposal made in accordance with the regulations.<br/><br/>Part 10 amends the Assessment of Financial Institutions Regulations, 2001 to modify the assessment of financial institutions and validates amounts assessed after May 31, 2001.<br/><br/>Part 11 amends the Financial Administration Act to permit departments to enter into agreements respecting the provision of internal support services. It also authorizes the transfer of money when a power, duty or function or the control or supervision of a portion of the federal public administration, is transferred under section 2 or 3 of the Public Service Rearrangement and Transfer of Duties Act.<br/><br/>Part 12 amends the Canada Shipping Act, 2001 to allow the Governor in Council to make regulations exempting vessels, and authorizing the Minister of Transport to temporarily exempt vessels, from the registration requirements in Part 2 of that Act. This Part also amends the Act to allow for the registration of a group of vessels as a fleet in the small vessel register, under a single certificate of registry and single official number.</div> false 2011 15 0 60029 First reading Première lecture First reading 1 41 1 4 Completed Terminée 2011-06-14T10:07:53 Completed Introduction and first reading Dépôt et première lecture Introduction and first reading 8 2011-06-14T00:00:00 true 60110 0 Introduction and first reading Dépôt et première lecture Introduction and first reading 2011-06-14T00:00:00 true false 60110 Introduction and first reading Dépôt et première lecture Introduction and first reading 2011-06-14T10:07:53 2011-06-14T10:07:53 1 2011-06-14T10:07:53 false false 60030 Second reading Deuxième lecture Second reading 1 41 1 4 Completed Terminée 2011-06-15T18:45:00 Completed 0 16749 Standing Committee on Finance Comité permanent des finances FINA Standing Committee on Finance 3892836 6 false true false false Debate at second reading Débat à l’étape de la deuxième lecture Debate at second reading 9 2011-06-15T00:00:00 true 3892732 5088077 2nd reading and referral to committee - FINA 2e lecture et renvoi en comité - FINA 2nd reading and referral to committee - FINA 15 Agreed To Adoptée Agreed To 10 On recorded division Suivant un vote par appel nominal On recorded division 7 246 30 0 2011-06-15T00:00:00 9 60121 0 Second reading and referral to committee Deuxième lecture et renvoi en comité Second reading and referral to committee 2011-06-15T00:00:00 true false 60121 Second reading and referral to committee Deuxième lecture et renvoi en comité Second reading and referral to committee 2011-06-15T18:45:00 2011-06-15T18:45:00 1 2011-06-15T18:45:00 0 1 3891801 60152 Sponsor’s speech Discours du parrain Sponsor’s speech 59115 Shelly Glover Shelly Glover Conservative Conservateur Conservative 41 1 9 2011-06-15T15:40:38 0 1 3892217 60153 Response speech Discours en réponse Response speech 25492 Jean Crowder Jean Crowder NDP NPD NDP 41 1 9 2011-06-15T16:10:34 0 1 3892543 60153 Response speech Discours en réponse Response speech 1760 Geoff Regan Geoff Regan Liberal Libéral Liberal 41 1 9 2011-06-15T16:41:36 0 1 3893305 60153 Response speech Discours en réponse Response speech 25474 André Bellavance André Bellavance Bloc Québécois Bloc Québécois Bloc Québécois 41 1 9 2011-06-15T18:24:19 false false 60049 Consideration in committee Examen en comité Consideration in committee 1 41 1 4 Completed Terminé 2011-06-20T15:10:05 Completed 0 16749 Standing Committee on Finance Comité permanent des finances FINA Standing Committee on Finance 3892836 6 false true false false Committee report presented Présentation du rapport de comité Committee report presented 11 2011-06-20T00:00:00 true 16749 Standing Committee on Finance Comité permanent des finances FINA 3 2011-06-20T00:00:00 Standing Committee on Finance 60124 0 Committee report presented Présentation du rapport de comité Committee report presented 2011-06-20T00:00:00 true false 5091956 1 60124 Committee report presented Présentation du rapport de comité Committee report presented 2011-06-20T15:10:05 2011-06-20T15:10:05 1 2011-06-20T15:10:05 false false 60032 Report stage Étape du rapport Report stage 1 41 1 4 Completed Terminée 2011-06-21T16:50:27 Completed Debate at report stage Débat à l’étape du rapport Debate at report stage 12 2011-06-21T00:00:00 true 60285 0 Concurrence at report stage Adoption à l’étape du rapport Concurrence at report stage 2011-06-21T00:00:00 true false 60285 Concurrence at report stage Adoption à l’étape du rapport Concurrence at report stage 2011-06-21T16:50:27 2011-06-21T16:50:27 1 2011-06-21T16:50:27 false false 60031 Third reading Troisième lecture Third reading 1 41 1 4 Completed Terminée 2011-06-21T16:55:36 Completed Debate at third reading Débat à l’étape de la troisième lecture Debate at third reading 12 2011-06-21T00:00:00 true 3915737 5088079 3rd reading 3e lecture 3rd reading 15 Agreed To Adoptée Agreed To 10 On recorded division Suivant un vote par appel nominal On recorded division 10 158 133 0 2011-06-21T00:00:00 12 60134 0 Third reading Troisième lecture Third reading 2011-06-21T00:00:00 true false 60134 Third reading Troisième lecture Third reading 2011-06-21T16:55:36 2011-06-21T16:55:36 1 2011-06-21T16:55:36 false false 60038 Senate pre-study Étude préalable au Sénat Senate pre-study 2 41 1 5 Not completed Non achevée Not completed 0 16101 Standing Senate Committee on National Finance Comité sénatorial permanent des finances nationales NFFN Standing Senate Committee on National Finance false true false false Pre-study of House bill Étude préalable d’un projet de loi émanant de la Chambre des communes Pre-study of House bill 6 2011-06-14T00:00:00 false 16101 Standing Senate Committee on National Finance Comité sénatorial permanent des finances nationales NFFN 6 2011-06-22T00:00:00 Standing Senate Committee on National Finance 16101 Standing Senate Committee on National Finance Comité sénatorial permanent des finances nationales NFFN 7 2011-06-23T00:00:00 Standing Senate Committee on National Finance 60109 0 Pre-study of House bill Étude préalable d’un projet de loi émanant de la Chambre des communes Pre-study of House bill 2011-06-14T00:00:00 false false 1 2011-06-23T09:05:00 false false 60029 First reading Première lecture First reading 2 41 1 4 Completed Terminée 2011-06-21T00:00:00 Completed First reading Première lecture First reading 9 2011-06-21T00:00:00 false 60111 0 First reading Première lecture First reading 2011-06-21T00:00:00 true false 60111 First reading Première lecture First reading 2011-06-21T00:00:00 2011-06-21T00:00:00 1 2011-06-21T00:00:00 false false 60030 Second reading Deuxième lecture Second reading 2 41 1 4 Completed Terminée 2011-06-22T00:00:00 Completed 0 16101 Standing Senate Committee on National Finance Comité sénatorial permanent des finances nationales NFFN Standing Senate Committee on National Finance false true false false Debate at second reading Débat à l’étape de la deuxième lecture Debate at second reading 10 2011-06-22T00:00:00 false 60120 0 Second reading Deuxième lecture Second reading 2011-06-22T00:00:00 true false 60123 0 Referral to committee Renvoi en comité Referral to committee 2011-06-22T00:00:00 true false 60120 Second reading Deuxième lecture Second reading 2011-06-22T00:00:00 2011-06-22T00:00:00 1 2011-06-22T00:00:00 0 2 60152 Sponsor’s speech Discours du parrain Sponsor’s speech 13052 Irving Gerstein Russell Irving Gerstein 2810 Conservative Conservateur Conservative 41 1 11 2011-06-23T00:00:00 https://sencanada.ca/en/content/sen/chamber/411/debates/010db_2011-06-22-e#56 https://sencanada.ca/fr/content/sen/chamber/411/debates/010db_2011-06-22-f#56 https://sencanada.ca/en/content/sen/chamber/411/debates/010db_2011-06-22-e#56 0 2 60153 Response speech Discours en réponse Response speech 12690 Joseph A. Day Joseph A. Day 170 Liberal Libéral Liberal 41 1 11 2011-06-23T00:00:00 https://sencanada.ca/en/content/sen/chamber/411/debates/010db_2011-06-22-e#56 https://sencanada.ca/fr/content/sen/chamber/411/debates/010db_2011-06-22-f#56 https://sencanada.ca/en/content/sen/chamber/411/debates/010db_2011-06-22-e#56 true false 60049 Consideration in committee Examen en comité Consideration in committee 2 41 1 4 Completed Terminé 2011-06-23T00:00:00 Completed 0 16101 Standing Senate Committee on National Finance Comité sénatorial permanent des finances nationales NFFN Standing Senate Committee on National Finance false true false false Committee report presented Présentation du rapport de comité Committee report presented 11 2011-06-23T00:00:00 false 60124 0 Committee report presented Présentation du rapport de comité Committee report presented 2011-06-23T00:00:00 true false 60124 Committee report presented Présentation du rapport de comité Committee report presented 2011-06-23T00:00:00 2011-06-23T00:00:00 1 2011-06-23T00:00:00 false false 60031 Third reading Troisième lecture Third reading 2 41 1 4 Completed Terminée 2011-06-23T00:00:00 Completed Debate at third reading Débat à l’étape de la troisième lecture Debate at third reading 11 2011-06-23T00:00:00 false 60134 0 Third reading Troisième lecture Third reading 2011-06-23T00:00:00 true false 60134 Third reading Troisième lecture Third reading 2011-06-23T00:00:00 2011-06-23T00:00:00 1 2011-06-23T00:00:00 false false 60050 Royal assent Sanction royale Royal assent 2 41 1 0 Royal assent Sanction royale Royal assent 12 2011-06-26T00:00:00 false 60149 0 Royal assent Sanction royale Royal assent 2011-06-26T00:00:00 true false 60149 Royal assent Sanction royale Royal assent 2011-06-26T00:00:00 2011-06-26T00:00:00 1 2011-06-26T00:00:00 false false 5088345 80701 First Reading Première lecture First Reading 5103604 80703 As passed by the House of Commons Tel qu’adopté par la Chambre des communes As passed by the House of Commons 5117641 80704 Royal Assent Royal Assent Royal Assent 0 7 2nd reading of Bill C-3, An Act to implement certain provisions of the 2011 budget as updated on June 6, 2011 2e lecture du projet de loi C-3, Loi portant exécution de certaines dispositions du budget de 2011 mis à jour le 6 juin 2011 2nd reading of Bill C-3, An Act to implement certain provisions of the 2011 budget as updated on June 6, 2011 246 30 0 276 15 Agreed To Adoptée Agreed To 2011-06-15T14:00:00 true false false 0 0 8 Bill C-3, An Act to implement certain provisions of the 2011 budget as updated on June 6, 2011 (report stage amendment) Projet de loi C-3, Loi portant exécution de certaines dispositions du budget de 2011 mis à jour le 6 juin 2011 (amendement à l'étape du rapport) Bill C-3, An Act to implement certain provisions of the 2011 budget as updated on June 6, 2011 (report stage amendment) 134 157 0 291 16 Negatived Rejetée Negatived 2011-06-21T10:00:00 false true false 0 0 9 Concurrence at report stage of Bill C-3, An Act to implement certain provisions of the 2011 budget as updated on June 6, 2011 Adoption à l’étape du rapport du projet de loi C-3, Loi portant exécution de certaines dispositions du budget de 2011 mis à jour le 6 juin 2011 Concurrence at report stage of Bill C-3, An Act to implement certain provisions of the 2011 budget as updated on June 6, 2011 158 133 0 291 15 Agreed To Adoptée Agreed To 2011-06-21T10:00:00 true false false 0 0 10 3rd reading and adoption of Bill C-3, An Act to implement certain provisions of the 2011 budget as updated on June 6, 2011 3e lecture et adoption du projet de loi C-3, Loi portant exécution de certaines dispositions du budget de 2011 mis à jour le 6 juin 2011 3rd reading and adoption of Bill C-3, An Act to implement certain provisions of the 2011 budget as updated on June 6, 2011 158 133 0 291 15 Agreed To Adoptée Agreed To 2011-06-21T10:00:00 true false false 0 0 Minister Flaherty Introduces the Supporting Vulnerable Seniors and Strengthening Canada's Economy Act Le ministre Flaherty dépose la Loi concernant le soutien aux aînés vulnérables et le renforcement de l'économie canadienne 5 Press Release Communiqué de presse Press Release 0 Next Phase of Canada's Economic Action Plan (Government of Canada) Prochaine phase du Plan d'action économique du Canada (Gouvernement du Canada) 8 Related Links Liens connexes Related Links 0 Minister Flaherty Welcomes the Passage of Bill C-3, the Supporting Vulnerable Seniors and Strengthening Canada's Economy Act Le ministre Flaherty se réjouit de l'adoption du projet de loi C­3, la Loi concernant le soutien aux aînés vulnérables et le renforcement de l'économie canadienne 5 Press Release Communiqué de presse Press Release 0 16101 Standing Senate Committee on National Finance Comité sénatorial permanent des finances nationales NFFN Standing Senate Committee on National Finance false true false false false false