Proposed changes, C-249

The main changes C-249 would make, in plain reading order.

C-249 Private Member’s Bill

An Act respecting the encouragement of the growth of the cryptoasset sector

Sponsor: Michelle Rempel Garner, Member of Parliament (Calgary Nose Hill)

Proposed changes

This enactment requires the Minister of Finance to develop a national framework to encourage the growth of the cryptoasset sector and, in developing the framework, to consult with persons working in the sector who are designated by provinces and territories. The enactment also provides for reporting requirements in relation to the framework.

What MPs said

The most recent recorded speeches on this bill. Links go to the official transcript of that sitting.

Michelle Rempel Garner · Conservative

Sponsor’s speech, April 5, 2022 (House) · Read the transcript
Jenna Sudds · Liberal

Response speech, April 5, 2022 (House) · Read the transcript
Jean-Denis Garon · Bloc Québécois

Response speech, April 5, 2022 (House) · Read the transcript
Daniel Blaikie · NDP

Response speech, April 5, 2022 (House) · Read the transcript

Full debates and votes on OpenParliament.ca (an independent site)

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Who's lobbying on it

24 organizations named this bill in their lobbying registration or in 17 reported meetings. Their own words are quoted.

Shakepay Inc. 16 meetings · registered to lobby on it · latest Jun 16, 2026

“To engage officials with regard to Bill C-249, the Encouraging Growth of the Cryptoasset Sector Act. We are educating MPs and regulators on the crypto industry and specifically why bitcoin, is a unique asset…”
Shakepay Inc. 1 meeting · was registered on it · latest Aug 29, 2025

“To engage officials with regard to Bill C-249, the Encouraging Growth of the Cryptoasset Sector Act. We are educating MPs and regulators on the crypto industry and specifically why bitcoin, is a unique asset…”
Shakepay Inc. was registered on it · latest Jan 16, 2025

“To engage official with regard to Bill C-249, the Encouraging Growth of the Cryptoasset Sector Act.”
Canadian Web3 Council was registered on it · latest Sep 9, 2024

“To engage with officials with regards to Bill C-249, the Encouraging Growth of the Cryptoasset Sector Act”
Canadian Web3 Council was registered on it · latest Apr 16, 2024

“To engage with officials with regards to Bill C-249, the Encouraging Growth of the Cryptoasset Sector Act”
Shakepay Inc. was registered on it · latest Jan 12, 2024

“To engage official with regard to Bill C-249, the Encouraging Growth of the Cryptoasset Sector Act.”
Shakepay Inc. was registered on it · latest Nov 1, 2023

“To engage official with regard to Bill C-249, the Encouraging Growth of the Cryptoasset Sector Act.”
Shakepay Inc. was registered on it · latest Apr 19, 2023

“To engage official with regard to Bill C-249, the Encouraging Growth of the Cryptoasset Sector Act.”
Shakepay Inc. was registered on it · latest Feb 3, 2023

“To engage official with regard to Bill C-249, the Encouraging Growth of the Cryptoasset Sector Act.”
MasterCard Canada, ULC. was registered on it · latest Nov 22, 2022

“Monitor deployments relating to oversight of cryptocurrency, including Bill C-249.”
Binance Canada Ltd. was registered on it · latest Nov 10, 2022

“To engage with officials with regards to Bill C249, the Encouraging Growth of the Cryptoasset Sector Act.”
Canadian Web3 Council was registered on it · latest Oct 18, 2022

“To engage with officials with regards to Bill C-249, the Encouraging Growth of the Cryptoasset Sector Act”
Hut 8 Mining Corp. was registered on it · latest Aug 22, 2022

“Supporting Bill C-249 and the blockchain ecosystem in Canada including a whole-of-government approach to supporting the sector.”
Canadian Web3 Council was registered on it · latest Jul 28, 2022

“To engage with officials with regards to Bill C-249, the Encouraging Growth of the Cryptoasset Sector Act”
Hut 8 Corp. was registered on it · latest Jul 25, 2022

“We are supportive of Bill C-249 as it proposes to set up a framework to study the industry as a precursor to determining what, if any, regulation is required. Our work has been focused on educating…”

And 9 more. Search an organization on the Lobbying page.

MPs lobbied about it

Ben Lobb 3 Jean-Denis Garon 2 Jasraj Hallan 2 Gabriel Ste-Marie 2 Sandra Cobena 1 Adam Chambers 1 Greg McLean 1 Raquel Dancho 1 Karina Gould 1 Joël Lightbound 1

From the Commissioner of Lobbying. A bill is listed when the lobbyist's description makes clear it means this bill, not one with the same number from another Parliament.