CPC-5 is withdrawn.
Ms. Kwan, go ahead on NDP-5.
FINANCE #9: Bill C-4 NDP-5 Amendment
FINANCE #9: Bill C-4 NDP-5 Amendment
Finance Committee on Oct. 27th, 2025
Evidence of meeting #9 for Finance in the 45th Parliament, 1st session
11:50 a.m.
The Chair Karina Gould
Liberal
Jenny Kwan Vancouver East, BC
NDP
Madam Chair, I'll have one more go at it.
Just so people know what the language says, in this particular clause, it applies to co-operatives, but the language for this, whether it's a co-op, a condo or a home, is the same.
We're talking about striking out the paragraph that says “the agreement of purchase and sale referred to in paragraph (2)(c) is entered into after May 26, 2025 and before 2031,” and changing lines 4 and 5 on page 7 to “ownership of the share is transferred to the particular individual after May 26, 2025 and before 2031, and”.
Again, it is about the closing date. The only difference about the closing date is to apply the GST exemption at the time of closing as opposed to at the time of the signing of the agreement. I'm asking for this particular amendment to apply to co-ops.
The Chair Karina Gould
Liberal
Thank you, Ms. Kwan.
My consideration of this amendment as inadmissible stands and continues for the reasons I outlined previously.
Monsieur Garon, go ahead on BQ-4.
