Crime & safetyBudgets & spending
New Financial Crimes Agency
C-29 Financial Crimes Agency Act: An Act to establish the Financial Crimes Agency and to make consequential amendments to certain Acts and regulations
Creates a specialized federal law enforcement agency to investigate financial crimes and help recover proceeds of crime.
What Bill C-29 would do
The bill would establish the Financial Crimes Agency as a specialized federal law enforcement agency. The agency's mandate would be to investigate financial crimes and contribute to the recovery of proceeds of crime. The published material gives no further detail.
Official summary
This enactment establishes the Financial Crimes Agency as a specialized federal law enforcement agency whose mandate is to investigate financial crimes and to contribute to the recovery of proceeds of crime. It also makes consequential amendments to certain Acts and regulations.
- Kind
- Government bill
- Sponsor
- François-Philippe Champagne, Minister of Finance and National Revenue (Saint-Maurice—Champlain)
- Introduced
- in the House of Commons
- Last activity
Where it stands
- ProposedApr 27
- Being studiedsince Jun 18 Exact stageAt consideration in committee in the House of Commons · Standing Committee on Justice and Human Rights · since June 18, 2026A committee of MPs or senators is going through it line by line.
- Almost law
- Law
In a House committee since June 18
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First reading in the House done
Before the House on 1 sitting day,
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Second reading in the House done
Standing Committee on Justice and Human Rights
Before the House on 1 sitting day,
2nd reading and referral to committee - JUST: agreed to,
-
Committee in the House now
Standing Committee on Justice and Human Rights
-
Report stage in the House not yet
-
Third reading in the House not yet
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First reading in the Senate not yet
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Second reading in the Senate not yet
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Third reading in the Senate not yet
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Royal assent not yet
Exact procedural stages
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House
- First reading in the House: done, 2026-04-27
- Second reading in the House: done, 2026-06-18
- Committee in the House: current stage
- Report stage in the House: not yet reached
- Third reading in the House: not yet reached
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Senate
- First reading in the Senate: not yet reached
- Second reading in the Senate: not yet reached
- Third reading in the Senate: not yet reached
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Royal assent
- Royal assent: not yet reached
Debates in the House 0
No debate on this bill is in the record we hold yet.
Also raised in 3
Question Period, members' statements and other debates where the bill came up.