An Act to authorize Gore Mutual Insurance Company to apply to be continued as a body corporate under the laws of the Province of Quebec
Overall, the bill modestly aligns with Build Canada’s tenets by removing a regulatory barrier and enabling corporate mobility and choice. Its impact is narrow and largely administrative, with no material effects on exports, taxes, or nationwide productivity.
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A firm-specific corporate law change has negligible macroeconomic impact on national wealth.
Removes a statutory barrier and enables corporate choice of jurisdiction, advancing regulatory competition and reducing red tape.
Any productivity gains are indirect and limited to one insurer; national effects are unclear.
No direct impact on exports or trade.
Allows the firm to adopt a regulatory regime better suited to its strategy, which can support investment and innovation at the firm level.
Does not address public service delivery; repeal of obsolete Acts is a minor administrative cleanup.
Contains no tax provisions.
A one-off, company-specific measure with limited scope; it neither advances nor impedes large-scale prosperity.
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