An Act to amend the Bankruptcy and Insolvency Act and the Companies’ Creditors Arrangement Act (deemed trust – perishable fruits and vegetables)
This enactment amends the Bankruptcy and Insolvency Act and the Companies’ Creditors Arrangement Act to provide that the perishable fruits and vegetables sold by a supplier to a purchaser, as well as the proceeds of sale of those fruits and vegetables, are to be held in trust by the purchaser for the supplier in the event that the purchaser has not fully paid for the fruits or vegetables and becomes bankrupt or the subject to a receivership or applies to the court to sanction a compromise or an arrangement.
House First Reading
House Second Reading
House Third Reading
Senate First Reading
2nd reading of Bill C-280, An Act to amend the Bankruptcy and Insolvency Act and the Companies’ Creditors Arrangement Act (deemed trust – perishable fruits and vegetables)
Agreed To3rd reading and adoption of Bill C-280, An Act to amend the Bankruptcy and Insolvency Act and the Companies’ Creditors Arrangement Act (deemed trust – perishable fruits and vegetables)
| In force | Dec 12, 2024 |
Select a row to see how its date was determined. Commencement orders are tracked from January 2016 onward — provisions of older statutes may show as Unknown.
| Part | Type | Title | Instrument / Sponsor |
|---|---|---|---|
| I | Proposed | Regulations Amending the Bankruptcy and Insolvency General Rules and the Companies’ Creditors Arrangement Regulations | Industry, Dept. of |
| II | Regulation |
Senate Second Reading
Senate Third Reading
Royal Assent
Amends: Bankruptcy and Insolvency Act
Amends: Companies’ Creditors Arrangement Act
Amends: Financial Protection for Fresh Fruit and Vegetable Farmers Act
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Canada Gazette activity is tracked from January 2025 onward — regulations made before 2025 are not shown.
| Part | Type | Title | Instrument / Sponsor |
|---|---|---|---|
| I | Proposed | Regulations Amending the Companies’ Creditors Arrangement Regulations | Industry, Dept. of |
| I | Proposed | Regulations Amending the Bankruptcy and Insolvency General Rules and the Companies’ Creditors Arrangement Regulations | Industry, Dept. of |
| II | Regulation | Regulations Amending Certain Department of Industry Regulations (Miscellaneous Program) | SOR/2016-144 |
Canada Gazette activity is tracked from January 2025 onward — regulations made before 2025 are not shown.