Finance – May 6, 2014

In Committee from the House of Commons

Finance – May 6, 2014

Federal Finance Minister Joe Oliver provides a brief overview of the objectives of Bill C-31 and highlights some of the key initiatives of the budget implementation act.
Senior officials from numerous government departments go through measures of the bill including penalties for abusing the Temporary Foreign Worker Program, the release of personal tax information of Canadian-American dual citizens to the U.S. under the Foreign Account Tax Compliance Act (FATCA), changes to veteran benefits and compensations, and the restructuring of federal tribunals. (May 6, 2014) UPDATE: Bill C-31 received royal assent on June 19.