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OntarioPassed40th Parliament, 1st Session

Bill PR1 explained in plain English

Coutu Gold Mines Limited Act, 2012

Ontario legislature bill summary, status, timeline, sponsor, votes, and official sources.

At a glance

Jurisdiction
Ontario Legislature
Legislature / Parliament
Legislative Assembly of Ontario
Session
40th Parliament, 1st Session
Bill number
Bill PR1
Full title
Coutu Gold Mines Limited Act, 2012
Current status
Passed
Latest event
Royal Assent received
Last updated
Jun 19, 2012

Official Legislative Assembly of Ontario snapshot for 40th Parliament, 1st Session. Representative vote breakdowns appear when the Assembly publishes an Ayes and Nays page for the bill.

Chamber
Legislative Assembly of Ontario
Current Stage
Royal Assent received
Latest Activity
Jun 19, 2012
Plain-language explanation
In plain English (our explanation)

Our plain-language take, written for civic education.

Source: By PoliticalData.ca

AI-assisted, reviewed before publishing
Short Version

The Coutu Gold Mines Limited Act, 2012 revives the dissolved corporation, restoring it to its pre-dissolution legal status, excluding forfeited mining lands, and taking effect upon Royal Assent.

What It Means

This bill revives Coutu Gold Mines Limited, a company that was dissolved in 1972. It restores the company to its legal position as it was before dissolution, including its property, rights, and liabilities, with some exceptions. Specifically, any mining lands or rights forfeited to the Crown after the company's dissolution are not returned. The revival does not determine who has rights to the company's assets or shares. The Act came into effect on the day it received Royal Assent.

What This Bill Does
  • Revives Coutu Gold Mines Limited.
  • Restores Coutu Gold Mines Limited to its legal position as of the date of its dissolution.
  • Restores Coutu Gold Mines Limited's property, rights, privileges, franchises, liabilities, contracts, disabilities, and debts as they were at the time of dissolution.
  • Excludes forfeited mining lands, mining rights, or mining licenses of occupation from the restoration.
  • States that the Act and the revival do not determine rights to the assets or shares of the corporation.
Who Is Affected
  • Coutu Gold Mines Limited
  • Peter Coutu
  • Patrick Coutu
  • Christopher Coutu
  • Enid M. Coutu Geddes
  • Janet Coutu Barker
  • Nester J. Erechook
  • The Crown (in relation to forfeited mining lands)
  • Shareholders and beneficiaries of the estates of Wilfrid H. Coutu and Enid Mary Coutu
Rights, Duties, Or Obligations
  • Coutu Gold Mines Limited is restored to its legal position, including all its property, rights, privileges, and franchises, subject to its liabilities, contracts, disabilities, and debts.
Important Dates
  • The Act came into force on the day it received Royal Assent (June 19, 2012).
Uncertainties Or Limits
  • The revival of the corporation is subject to any rights acquired by any person after its dissolution.
  • Forfeited mining lands, rights, or licenses of occupation are excluded from the restoration.
  • The Act and the revival do not determine any person's rights to the assets or shares of the corporation or the estates of Wilfrid H. Coutu or Enid Mary Coutu.
Laws Or Regulations Affected
The Business Corporations Act, R.S.O. 1970, c. 53
revival

The dissolution of Coutu Gold Mines Limited under this Act in 1972 is reversed.

Source: Preamble

The Corporations Information Act, R.S.O. 1970, c. 90
revival

The dissolution of Coutu Gold Mines Limited under this Act in 1972 for failure to comply is reversed.

Source: Preamble

Mining Act
exclusion

Mining lands, rights, or licenses of occupation held by Coutu Gold Mines Limited that were forfeited to the Crown under this Act after the corporation's dissolution are not restored to the corporation.

Source: Section 1 (2)

Coutu Gold Mines Limited Act, 2012
commencement

This Act came into force on the day it received Royal Assent.

Source: Section 3

Generated using AI from official bill text. Not legal advice. It is written by PoliticalData.ca for civic education, automatically checked and spot-reviewed before publishing.

Official text

Process Snapshot

Step 1
First reading
Apr 17, 2012
Step 2
Second reading
Jun 11, 2012
Step 3
Committee review
May 16, 2012
Step 4
Third reading
Jun 11, 2012
Step 5
Royal assent
Jun 19, 2012

Vote Summary

No published recorded division

This bill does not have a published recorded division in the current official sources, so representative-by-representative vote counts are not shown.

Sponsor
David Orazietti
Sponsor party or district not listed
Jurisdiction
Ontario Legislature

No published representative vote breakdown

The current official sources do not publish a recorded division breakdown for this bill, so there is no representative-by-representative table to show.

Official sources

Status, sponsor, votes, and timeline on this page are drawn from these official legislative sources and public records. Each summary above is attributed to its own source.

How this data is sourced