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Bill 5, Professional Corporations Act

Government Bill

16th Assembly, 3rd Session

Introduced on Oct. 24, 2008

Bill Sponsor

Events

Timeline of key legislative events

  • First Reading
    Completed Oct. 24, 2008 (Debate | Vote)
  • Second Reading
    Completed Oct. 24, 2008 (Debate | Vote)
  • Third Reading
    Completed March 11, 2009 (Debate | Vote)
  • Commissioner's Assent
    Completed March 12, 2009 (Debate)

    • Status

    Bill Text



    Related Votes

    March 11, 2009 Passed HON. JACKSON LAFFERTY: Mahsi, Mr. Speaker. Mr. Speaker, I move, seconded by the honourable Member for Deh Cho, that Bill 5, Professional Corporations Act, be read for the third time. Mahsi, Mr. Speaker.
    Oct. 24, 2008 Passed Mr. Speaker, I move, seconded by the honourable Member for Inuvik Boot Lake, that Bill 5, Professional Corporations Act, be read for the second time. This bill would permit members of designated professions to incorporate under the Business Corporations Act subject to requirements relating to the ownership and voting shares of the professional corporation. Such a corporation would be required to obtain an annual permit from the governing body of the profession in the Northwest Territories. Members of a profession who are shareholders in or employees of a professional corporation are subject to the same professional and ethical responsibilities as other members of the profession in respect of their dealings with their clients and their governing bodies. The governing bodies would be empowered to make bylaws or rules respecting professional corporations, and the government may make regulations to implement the act. Finally, the bill provides for transitional matters and consequential amendments in respect of the Dental Profession Act. Mahsi, Mr. Speaker.
    Oct. 24, 2008 Passed Mr. Speaker, I move, seconded by the honourable Member for Inuvik Boot Lake, that Bill 5, Professional Corporations Act, be read for the first time.

    Discussion & Mentions

    Assent To Bills
    Third Reading of Bills

    March 11th, 2009


    See context

    Tony Whitford Commissioner Of The Northwest Territories

    Please be seated. [English translation not provided.]

    Good afternoon. Mr. Speaker and Members of our Legislative Assembly, as most of you know, I enjoy visiting the people of our many communities. I will use every opportunity to visit your constituencies and to accept as many invitations as possible that may be extended by the honourable Members of this House. For example, I have been invited to attend the Wood Buffalo Frolics in Fort Smith this weekend and I leave tomorrow for that.

    Later this month, I plan to visit most of the schools in the Sahtu when I make a tour of the region by ice road; wind and weather permitting, of course.

    I wish each Member of this House safe travels and a busy, productive time as you continue to work for the people of the Northwest Territories.

    Now, as Commissioner of the Northwest Territories, I am pleased to assent to the following bills:

    • Bill 1, An Act to Amend the Historical Resources Act

    • Bill 3, International Interests in Mobile Aircraft Equipment Act

    • Bill 4, Public Library Act

    • Bill 5, Professional Corporations Act

    • Bill 7, An Act to Amend the Student Financial Assistance Act

    • Bill 8, Supplementary Appropriation Act, No. 3, 2008-2009

    • Bill 9, Northern Employees Benefits Services Pension Plan Protection Act

    • Bill 16, Supplementary Appropriation Act (Infrastructure Expenditures), No. 1, 2009-2010

    Thank you. Merci beaucoup. Mahsi cho. Koana.

    ---Applause

    Bill 5: Professional Corporations Act
    Third Reading of Bills

    March 10th, 2009


    See context
    The Speaker

    The Speaker Paul Delorey

    HON. JACKSON LAFFERTY: Mahsi, Mr. Speaker. Mr. Speaker, I move, seconded by the honourable Member for Deh Cho, that Bill 5, Professional Corporations Act, be read for the third time. Mahsi, Mr. Speaker.

    Bill 5 Professional Corporations Act
    Second Reading of Bills

    October 23rd, 2008


    See context
    Jackson Lafferty

    Jackson Lafferty Monfwi

    Mr. Speaker, I move, seconded by the honourable Member for Inuvik Boot Lake, that Bill 5, Professional Corporations Act, be read for the second time.

    This bill would permit members of designated professions to incorporate under the Business Corporations Act subject to requirements relating to the ownership and voting shares of the professional corporation. Such a corporation would be required to obtain an annual permit from the governing body of the profession in the Northwest Territories. Members of a profession who are shareholders in or employees of a professional corporation are subject to the same professional and ethical responsibilities as other members of the profession in respect of their dealings with their clients and their governing bodies. The governing bodies would be empowered to make bylaws or rules respecting professional corporations, and the government may

    make regulations to implement the act. Finally, the bill provides for transitional matters and consequential amendments in respect of the Dental Profession Act. Mahsi, Mr. Speaker.

    Bill 5 Professional Corporations Act
    First Reading of Bills

    October 23rd, 2008


    See context
    Jackson Lafferty

    Jackson Lafferty Monfwi

    Mr. Speaker, I move, seconded by the honourable Member for Inuvik

    Boot Lake, that Bill 5, Professional Corporations Act, be read for the first time.