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Summary
This bill implements many items in the 2008 budget. Some of these are the Tax-Free Savings Account, an extra ten years of active contributions to RESPs, an increase in the Northern Residents Deduction, various corporate tax breaks, and GST adjustments.
It also dissolves the Canada Millennium Scholarship Foundation, and re-writes some of the language of the Students Loan repayments schemes, specifically for financially-troubled people.
The bill allows for the Immigration Minister to specifically target and exclude potential immigrants based on what the country requires in the way of skills and experience, et cetera.
Furthermore, it provides funding for Front-Line Postal Workers to be hired, money for public transit, and also for carbon-capture and storage.
The bill also provides funding for Genome Canada, the Mental Health Commission, and the Gairdner Foundation.
Check out the Official Summary for more.
Bill History
First Reading - March 14th, 2008
Second Reading recorded vote - April 10th, 2008
Debate at Report Stage - May 28th, 2008
Report Stage - June 2nd, 2008
Third Reading - June 9th, 2008
Royal Assent - June 18th, 2008
Related Media
- Tories Survive Another Confidence Vote, MPs Vote in Favour of Bill C-50 - CBC 6/9
- C-50 Under Fire from Punjabi Community - Mississauga News
- Immigration Groups Protest C-50 - Toronto Sun