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4 ARTICLES
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8mo ago

Liberals Back Conservative Guardrails on Bill C-15’s Regulatory Sandbox Powers

Committee-backed guardrails clear a path for the budget bill’s return to the House this week.

Conservative MP Andrew Scheer speaks before Question Period, in the Foyer of the House of Commons on Parliament Hill in Ottawa, on Monday, Feb. 23, 2026. THE CANADIAN PRESS/Justin Tang
Minister of Finance and National Revenue Francois-Philippe Champagne speaks with reporters following a vote on the federal budget on Parliament Hill in Ottawa, Monday, Nov. 17, 2025. THE CANADIAN PRESS/Adrian Wyld

Overview

  • The House finance committee voted to adopt four Conservative amendments to Bill C-15 with Liberal support during clause-by-clause review on Feb. 23.
  • The changes require a 30-day public consultation before any exemption, dual sign-off by the responsible minister and the Treasury Board president, and a report to Parliament within 90 days.
  • New limits bar exemptions from core accountability and transparency laws, including the Conflict of Interest Act, the Access to Information Act and the Auditor General Act.
  • The revised provisions are steered toward financial and environmental technologies and must apply sector-wide rather than to selected companies.
  • The committee plans to report the amended bill to the House this week, and a Bloc Québécois bid to make banks reimburse most fraud losses was defeated.