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Decentralized Democracy

House Hansard - 187

44th Parl. 1st Sess.
April 28, 2023 10:00AM
  • Apr/28/23 1:23:28 p.m.
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  • Re: Bill C-42 
Madam Speaker, if the member for Winnipeg North wants to see the bill proceed faster, maybe the government should not schedule it for Friday sittings. That is just my opinion. There is an offence and punishment section in Bill C-42. It lists that corporations found guilty of an offence can be liable for a fine not exceeding $5,000. The punishment for individuals can be as high as $200,000. Of course, the whole purpose of this bill is to uncover individuals who may be using corporate entities to hide themselves. That being said, does the hon. member think $5,000 is a sufficient deterrent to prevent corporations from doing this, or would he see value in maybe increasing it to make it commensurate with the offence of the transgression?
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