C-230 — An Act to amend the Financial Administration Act and to make consequential amendments to other Acts (debt forgiveness registry)

What it does

AI plain-language summary of the official text.

Bill C-230 is a Private Member's Bill that proposes to amend the Financial Administration Act and related legislation to establish a debt forgiveness registry. The bill passed all three readings in the House of Commons and has now been referred to committee in the Senate for study. The registry would presumably create a public record of federal debts that have been forgiven or written off, though specific provisions are not available from the metadata alone.

Passage outlook

Contested because it's a private member's bill (which rarely passes), it's at committee.

Historically 0–5% of comparable federal bills became law (base rate 4%).

If this private member's bill would create new spending, it needs a Royal Recommendation (Cabinet only) — without one, passage is effectively nil.

A private member's bill's fate hinges on its position in the Order of Precedence (a random draw) — bills low on the list often run out of calendar time.

A transparent, rule-based outlook from bill type, stage, and verified government standing — not a guaranteed prediction.