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Disposing of foreign state assets

S-214 An Act to amend the Special Economic Measures Act (disposal of foreign state assets)

Allows the federal cabinet to dispose of seized foreign state assets if they were taken without a court order.

What Bill S-214 would do

The bill would amend the Special Economic Measures Act to allow the Governor in Council to dispose of a foreign state's assets that were seized under the Act. This would apply to assets seized without a judicial order. The published material gives no further detail.

Official text

Official summary

This enactment amends the Special Economic Measures Act to allow the Governor in Council to dispose of a foreign state’s assets seized under the Act if the seizure occurred without a judicial order. Available on the Senate of Canada website at the following address: www.sencanada.ca/en 1st Session, 45th Parliament, 3 Charles III, 2025 SENATE OF CANADA BILL S-214 An Act to amend the Special Economic Measures Act (disposal of foreign state assets) His Majesty, by and with the advice and consent of the Senate and House of Commons of Canada, enacts as follows: 1992, c. 17

The government's summary, printed at the front of the bill as introduced.

Kind
Senator's bill
Sponsor
Donna Dasko, Senator
Introduced
in the Senate
Last activity

Where it stands

  1. ProposedMay 28, 2025
  2. Being debatedsince May 26 Exact stageSenate bill awaiting first reading in the House of Commons · since May 26, 2026MPs or senators are debating it in the chamber where it started.
  3. Almost law
  4. Law

Passed the Senate; now in the House, waiting to be introduced

  1. First reading in the Senate done

    Before the Senate on 1 sitting day,

  2. Second reading in the Senate done

    Standing Senate Committee on Foreign Affairs and International Trade

    Before the Senate on 2 sitting days, to

  3. Committee in the Senate done

    Standing Senate Committee on Foreign Affairs and International Trade

    Before the Senate on 1 sitting day,

  4. Third reading in the Senate done

    Before the Senate on 1 sitting day,

  5. First reading in the House now

  6. Second reading in the House not yet

  7. Committee in the House not yet

  8. Report stage in the House not yet

  9. Third reading in the House not yet

  10. Royal assent not yet

Exact procedural stages

Officially: Senate bill awaiting first reading in the House of Commons · since May 26, 2026.

  1. Senate
  2. House
  3. Royal assent

Debates in the House 0

No debate on this bill is in the record we hold yet (Senate debates are not covered).

Also raised in 1

Question Period, members' statements and other debates where the bill came up.

Show 1

  1. Message from the Senate

    · Government Orders · named 1 time

Discussion

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Comment rules

Status, stages and votes from LEGISinfo. Debates are linked from the House's own record of what was before it. Grades are the site's analysis of each statement.