Annex 3:
Legislative Measures

In Budget 2024, the government proposes to introduce legislation, as required, to facilitate the acquisition and use of public land for homes, in partnership with other levels of government.

In Budget 2024, the government proposes to amend the Budget Implementation Act 2022, No. 1 in order to extend the restrictions on foreign investment in Canadian housing established under the Prohibition on the Purchase of Residential Property by Non-Canadians Act until 2027, as announced in February 2024.

In Budget 2024, the government proposes to introduce legislative amendments to the Tax Court of Canada Act, the Department of Employment and Social Development Act and the Federal Courts Act to set-up an appeal mechanism for the upcoming Canada Disability Benefit. 

In Budget 2024, the government proposes to provide a statutory appropriation authority in the Budget Implementation Act that would enable the Minister of Families, Children and Social Development to sign bilateral agreements and transfer funding to provinces and territories to support National School Food programming for the 2024-2025 school year.

In Budget 2024, the government proposes to amend the Canada Education Savings Act to introduce automatic enrolment in the Canada Learning Bond for eligible children whose families do not open a Registered Education Savings Plan and to extend the age from 20 to 30 years to retroactively claim the Canada Learning Bond.

In Budget 2024, the government proposes to amend the Canada Pension Plan to provide a top-up to the death benefit for certain individuals, improve children's benefits and end entitlement to a survivor's benefit following a CPP credit split.

In Budget 2024, the government proposes to introduce legislative amendments to the Telecommunications Act to prohibit service providers from charging consumers switching fees. Amendments will also require that consumers be provided with a self‑service mechanism that can be used to cancel or modify plans with their existing provider, and for service providers to notify consumers in advance of contract expiry and provide information on available plans in-market.

In Budget 2024, the government proposes to introduce legislation to establish a framework for consumer-driven banking that would include amendments to the Bank Act and the Financial Consumer Agency of Canada Act to expand the Agency's mandate, as well as foundational framework elements related to scope, system participation, safeguards in respect of integrity and security, and common rules to address privacy, liability and security.

In Budget 2024, the government proposes to amend s. 347 of the Criminal Code to add a prohibition against offering or advertising credit at a criminal rate of interest, and to remove the requirement in s. 347 (7) to obtain Attorney General consent to commence proceedings.

In Budget 2024, the government proposes to introduce legislation to modernize the federal research support system.

In Budget 2024, the government proposes to amend the Impact Assessment Act to bring it into conformity with the Supreme Court of Canada decision in Reference re Impact Assessment Act and make targeted efficiency improvements.

In Budget 2024, the government proposes to amend the Red Tape Reduction Act toprovide all Ministers with authority to enable regulatory sandboxes, which would provide them with the authority to grant temporary exemptions to legislation or regulations to allow for testing of products, services, processes, or new regulatory approaches.

In Budget 2024, the government proposes to amend the Pension Benefits Standards Act, 1985 to enable and require the Office of the Superintendent of Financial Institutions to publish information related to the investments of large federally regulated pension plans and to amend the Pooled Registered Pension Plans Act to ensure that all members of a pooled registered pension plan are provided with similar information about the plan.

In Budget 2024, the government proposes targeted amendments to the Export Development Act to reduce the aggregate limit on the value of the transactions under the Canada Account from $115 billion to $100 billion. The government also intends to amend the Farm Credit Canada Act to require regular legislative reviews that ensure Farm Credit Canada's activities are aligned with the sector's needs.

In Budget 2024, the government proposes to amend the Employment Insurance Act to extend for two years the measure that provides five additional weeks to seasonal workers in targeted regions.

In Budget 2024, the government proposes to amend the Employment Equity Act to modernize it, including by expanding designated equity groups.

In Budget 2024, the government proposes to amend the Canada Labour Code to recover unpaid termination and severance pay, to provide adequate enabling regulatory authority for section 13 of the Policy Committees, Work Place Committees and Health and Safety Representatives Regulations, and to amend paragraph 145(1)(a) of the English version of the Code by changing the word "officer" to the word "Head".

In Budget 2024, the government proposes to amend the Canada Labour Code torequire employers in federally-regulated sectors to establish a right to disconnect policy limiting work-related communication outside of scheduled working hours.

In Budget 2024, the government proposes to introduce amendments to the Criminal Code to introduce new offences related to: auto theft involving the use of violence or links to organized crime; possession or distribution of an electronic or digital device for the purposes of committing auto theft; and laundering proceeds of crime for the benefit of a criminal organization. Amendments would also create a new aggravating factor applicable at sentencing where there is evidence that the offender used or involved a young person in the commission of any offence under the Criminal Code.

In Budget 2024, the government proposes to introduce amendments to the Radiocommunication Act to provide the Minister of Innovation, Science and Industry with the authority to issue orders that may prohibit or restrict the sale, distribution and importation of certain radio apparatus that are believed to be used to intercept communications for criminal activity, such as auto theft.

In Budget 2024, the government proposes to introduce amendments to the Judges Act to enable judicial positions that are currently earmarked for unified family courts to be used instead for regular superior court positions.

In Budget 2024, the government proposes to amend the Greenhouse Gas Pollution Pricing Act to provide legislative authority for federal officials to provide other federal officials with certain information in respect of a provincial Crown, or its provincial Crown agent, for the purposes of evaluating potential action in relation to its stated or actual non-compliance with the fuel charge. The government also proposes to amend the Greenhouse Gas Pollution Pricing Act to allow the public disclosure of certain information by the Minister of National Revenue in respect of a provincial Crown, or its provincial Crown agent, that is not in compliance, or has publicly stated an intention of non-compliance with the fuel charge, in the spirit of transparency.

In Budget 2024, the government proposes to amend the Canada Student Financial Assistance Act and the Canada Student Loans Act to permanently expand the reach of the Canada Student Loan Forgiveness Program to early childhood educators, dentists, dental hygienists, pharmacists, midwives, teachers, social workers, psychologists, personal support workers, and physiotherapists, who choose to work in rural and remote communities. 

In Budget 2024, the government proposes to amend An Act for the Substantive Equality of Canada's Official Languages (Bill C-13) to correct a technical error which would result in prospective and former employees losing the ability to make a complaint to the Commissioner of Official Languages once the Use of French in Federally Regulated Private Businesses Act starts to apply to regions outside of Quebec that have a strong Francophone presence.

In Budget 2024, the government proposes to introduce legislation that would make the Crown corporation that is advancing the potential high frequency rail project an Agent of the Crown.  

In Budget 2024, the government proposes to introduce amendments to the Corrections and Conditional Release Act and the Immigration and Refugee Protection Act to enable the use of federal correctional facilities for the purpose of high-risk immigration detention.

In Budget 2024, the government proposes to introduce legislation to authorize a new, wholly-owned subsidiary of the Canada Development Investment Corporation to issue and administer loan guarantees in respect of the Indigenous Loan Guarantee Program.

In Budget 2024, to support the development of a pilot for a Red Dress Alert, the government proposes to establish an appropriation authority to make direct payments to the participating entities or individuals.

In Budget 2024, the government proposes to introduce amendments to the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA), the Criminal Code, the Income Tax Act, and the Excise Tax Act, with consequential and coordinating amendments to other statutes,to strengthen the supervision, enforcement, and information-sharing tools of Canada's Anti-Money Laundering and Anti-Terrorist Financing framework. 

In Budget 2024, the government proposes to introduce legislative amendments to the Bretton Woods and Related Agreements Act to increase the maximum financial assistance that may be provided to foreign states.

In Budget 2024, the government proposes to introduce legislation in 2024 to eradicate forced labour from Canadian supply chains and to strengthen the import ban on goods produced using forced labour.

In Budget 2024, the government proposes to introduce legislative amendments to the International Financial Assistance Act to provide Global Affairs Canada additional flexibility to make payments, and to continue charging the Consolidated Revenue Fund for net realized hard currency losses under that Act.

In Budget 2024, the government proposes to introduce legislative amendments to the European Bank for Reconstruction and Development Agreement Act and the International Development (Financial Institutions) Assistance Act to provide the authorities to purchase hybrid capital, provide guarantees, or use other innovative financial instruments that may be created from time to time, to support future initiatives at regional Multilateral Development Banks. In addition, the government proposes to amend the Bretton Woods and Related Agreements Act to increase the amount that Canada is permitted to pay the International Monetary Fund for quota subscriptions.

In Budget 2024, the government proposes to introduce legislative amendments to the Immigration and Refugee Protection Act that would contribute to streamlining the intake, processing, and adjudication of asylum claims.

In Budget 2024, the government proposes to introduce legislative amendments to the National Housing Act to permanently increase the in-force limits for guarantees issued by the Canada Mortgage and Housing Corporation (CMHC) in respect of mortgage-backed securities and Canada Mortgage Bonds and for mortgage default insurance provided by CMHC from the temporary $750 billion to $800 billion. In addition, the government proposes to amend the Borrowing Authority Act to ensure that Canada Mortgage Bonds purchased by the government do not count towards the borrowing limit.

In Budget 2024, the government proposes to introduce legislative amendments to the Bank Act, the Insurance Companies Act, and the Trust and Loan Companies Act (the Financial Institutions Statutes) to extend the sunset date (beyond which the financial institutions can no longer carry on business) to June 30, 2026, from the current date of June 30, 2025.

In Budget 2024, the government proposes to introduce legislative amendments to the Financial Institutions Statutes to adapt the Canada Business Corporations Act (CBCA) diversity disclosure model for application to federally regulated financial institutions (FRFIs). The CBCA model requires annual disclosure of diversity on boards and in senior management.

In Budget 2024, the government proposes to make legislative amendments to the Financial Institutions Statutes to modernize how FRFIs can deliver governance documents to their owners by introducing a "notice-and-access" method of delivery, while retaining owners' rights to request paper copies.

In Budget 2024, the government proposes to amend the Financial Institutions Statutes to prohibit FRFIs from issuing documents that evidence conversion privileges, options, or rights to acquire a share in bearer form.

In Budget 2024, the government proposes to introduce amendments to the Bank Act to clarify the definitions of deposit-type instruments and principal-protected notes to ensure that term deposits issued based on interest rate benchmarks such as the Canadian Overnight Repo Rate Average (CORRA) are deposit-type instruments. This supports continued operations following the phase-out of the Canadian Dollar Offered Rate (CDOR) effective June 28, 2024.

In Budget 2024, the government proposes to amend the Office of the Superintendent of Financial Institutions Act to increase the maximum amount that may be advanced to OSFI from the Consolidated Revenue Fund at any one time to $100 million from the current $40 million. 

In Budget 2024, the government proposes to amend the Bank of Canada Act to ensure that the Bank of Canada continues to be authorized to enter into repo transactions for the purpose of implementing monetary policy once it joins the Canadian Collateral Management Service (CCMS), which is the emerging standard for engaging in tri-party repo transactions in Canada.

In Budget 2024, the government proposes to amend the Canada Business Corporations Act to ensure the consistency of its corporate transparency penalty provisions that were introduced in Bill C-42.

In Budget 2024, the government proposes to introduce amendments to the Borrowing Authority Act to increase the government's total borrowing limit specified under section 4 of that Act. This measure would also introduce technical amendments to the Financial Administration Act to clarify the exemption of goods and services contracts related to the management of the public debt and the borrowing of money from procurement restrictions created under the Financial Administration Act.

In Budget 2024, the government proposes to amend the Financial Administration Act to provide regulation-making authority to prescribe labelling requirements by financial institutions for government payments accepted for deposit in customer account statements and online banking records.

In Budget 2024, the government proposes to make technical amendments to the Financial Administration Act toalign Communications Security Establishment procurement authorities with similar authorities of other national security partners.

In Budget 2024, the government proposes to amend the Weights and Measures Act and the Electricity and Gas Inspection Act, primarily to ensure the Minister of Innovation, Science and Industry has the authority to establish standards and provisions related to calibration, inspection, contractors, and certification.

In Budget 2024, the government proposes to introduce legislative amendments to the Canada Innovation Corporation Act to enable the establishment of the Canada Innovation Corporation by 2026-27.

In Budget 2024, the government proposes to make technical amendments to the Pension Act and the Department of Veterans Affairs Act to clarify the methodology used to calculate veterans' and RCMP serving and retired members' benefits.

In Budget 2024, the government proposes to amend the Federal-Provincial Fiscal Arrangements Act to implement the five per cent growth guarantee to the Canada Health Transfer for five years starting in 2023-24, for eligible jurisdictions, as announced in the February 2023 Working Together to Improve Health Care for Canadians plan.

In Budget 2024, the government proposes to introduce amendments to the Tax Court of Canada Act to allow the Court to grant leave in special circumstances to a corporation, or other unincorporated association or entity, to be represented by a director, officer, employee, member, or partner. Currently, corporations can only be represented by counsel at the Tax Court of Canada (except in appeals governed by the Informal Procedure).

In Budget 2024, the government proposes to amend the Food and Drugs Act to provide the Minister of Health with the authority to exempt a person or product from certain requirements in the Food and Drugs Act and/or its regulations by Ministerial Order. This amendment would improve transparency when the Minister chooses to exempt health products, such as infant formulas, from certain Canadian requirements to increase supply in the event of a shortage.

In Budget 2024, the government proposes to amend the Food and Drugs Act to expand the Governor-in-Council regulation-making authority related to drug and medical device shortages to include foods for a special dietary purpose, such as infant formulas and human milk fortifiers.

In Budget 2024, the government proposes to amend the Food and Drugs Act to provide the Minister of Health with the authority to rely on information or decisions of select foreign regulatory authorities in specific instances to satisfy requirements in the Food and Drugs Act and/or its regulations.

In Budget 2024, the government proposes to amend the Food and Drugs Act to make the process of updating performance standards documents related to the remittance of fees more efficient and less labour intensive by ensuring the Act always refers to the latest version of performance standards documents incorporated by reference, rather than static documents only effective as of a certain date.

In Budget 2024, the government proposes to amend the Food and Drugs Act to address an inconsistency between the English and French definition of drug/drogue.

In Budget 2024, the government proposes to amend the Food and Drugs Act to address and prevent unintended and harmful uses of therapeutic products, such as preventing addictive nicotine replacement therapies from being marketed to youth.

In Budget 2024, the government proposes to amend the Tobacco and Vaping Products Act to allow information sharing between government departments for the effective administration and enforcement of the forthcoming tobacco cost recovery framework.

In Budget 2024, the government proposes to introduce amendments to the Controlled Drugs and Substances Act to streamline authorization of supervised consumption sites and drug checking services.

In Budget 2024, the government proposes to amend the Human Pathogens and Toxins Act to modernize the Act and strengthen oversight of human pathogens and toxins.

In Budget 2024, the government proposes to amend the Canada Labour Code to improve job protections for federally regulated gig workers by strengthening prohibitions against employee misclassification.

In Budget 2024, the government proposes to introduce amendments to the Public Sector Pension Investment Board Act to facilitate the transfer of funds between the Public Sector Pension Investment Board and government employee pension accounts.