The weekly brief
The House and Senate finance committees meet on Bill C-31
The House and Senate finance committees met on Bill C-31, the Budget 2025 Implementation Act, No. 2.
Covers October 7, 2026 to October 18, 2026
Prepared from the government sources linked below. Sources read October 19, 2026.
What was published
Federal
The House and Senate finance committees meet on Bill C-31
LEGISinfo lists a meeting of the House of Commons Standing Committee on Finance on Bill C-31, the Budget 2025 Implementation Act, No. 2, on October 8, 2026, and lists the House committee stage as in progress. The Standing Senate Committee on National Finance, which is studying the bill before it arrives in the Senate (a pre-study), met on October 7, 2026. LEGISinfo lists the bill's status as at consideration in committee in the House of Commons.
- Issued by
- Parliament of Canada
- Published
- Applies to
- Finance's release introducing the bill lists its measures as including immediate expensing for manufacturing or processing buildings and banning most non-compete clauses in employment contracts for federally regulated industries.
Deadlines in the next 30 days
Dates the issuers published that fall within 30 days of this issue. The recurring CRA dates are in the deadline reference.
This issue lists no dated deadline.
Still in motion
Bills and proposals that reach owner-managers, and the stage each one had reached when the sources were read.
- Canadian Fuel Affordability Act
- Stage: At report stage in the House of Commons
- Budget 2025 Implementation Act, No. 2
- Stage: At consideration in committee in the House of Commons
- Productivity Mega Deduction
- Stage: Draft legislative proposals released
- GST/HST and excise technical amendments
- Stage: Draft released for consultation
- Income Tax Act technical amendments
- Stage: Draft released for consultation