September 19th, 2006 by Questions
Has this bill been passed yet.
September 20, 2006 at 12:27 am, Barton Goth, GCO Inc. Bankruptcy Trustees said:
As of yet Bill 281, which is part of a much wider set of changes proposed in conjunction with Bill C-55 (which is now known as Bill C-47), while they have passed the 2nd reading in the House of Commons on October 6, 2005 has not been enacted. As it currently sits, while the overall goal of this legislation is positive, there are many shortcomings that would cause havoc if these reforms were adopted in their current form. As I was advised at the annual CAIRP conference, while it is expected these reforms will be enacted, it is not expected to come into place until the end of 2007 at the earliest and more likely mid year 2008.
Log in to Reply
Please post a follow up comment below:
(Note: comments are reviewed by moderators and then posted after approval. In addition, due to high volume some of the comments might not be posted.)
You must be logged in to post a comment.