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Bill, Parliament of Canada, Federal

S-238An Act to enact the Climate-Aligned Finance Act and to make related amendments to other Acts

S-⁠238, Parliament of Canada: Second reading in the Senate, last recorded April 21, 2026. Clarion's outlook: unlikely to pass.

Who lobbies on this subject

Organizations with lobbying reports on Environment & Climate since November 2025, most reports first. This is the bill's policy area, not the bill: activity on the subject, not a position on the bill.8 of 1,048 organizations shown.

Where it stands

Status
Second reading in the Senate
Sponsor
Rosa Galvez
Introduced
Session
45-1

Policy areas

What it does

A plain-language summary of the official text, written by AI.

Senate Public Bill S-238, titled the Enacting Climate Commitments Act, seeks to enact a new Climate-Aligned Finance Act and make related amendments to other federal legislation. The bill's purpose, as reflected in its long title, is to align financial frameworks with climate commitments. Introduced in the Senate on October 29, 2025, the bill is currently at second reading, which began on April 21, 2026. No further legislative stages have been completed at this time.

Official text

Chances of passing

Worked out from the bill's type, its stage and the government's verified standing; for a federal bill, its passage range sets the band. It is not a guarantee.

Unlikely to pass because it's a Senate public bill (which rarely passes) and it's at an early stage.

Adjusted for this bill's current pace: 10–25% (the unadjusted historical base rate for comparable federal bills is 19%). It has gone quiet at this stage; the adjustment for that delay still leaves the historical rate inside the range.

Stages so far

  1. Second reading, Senate

  2. First reading, Senate

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