Proceedings of the Standing Senate Committee on
Banking, Trade and Commerce
Issue 3 - Minutes of Proceedings
OTTAWA, Wednesday, March 25, 2009
(5)
[English]
The Standing Senate Committee on Banking, Trade and Commerce met this day at 4:05 p.m., in room 9, Victoria Building, the deputy chair, Honourable Yoine Goldstein, presiding.
Members of the committee present: The Honourable Senators Fox, P.C., Gerstein, Goldstein, Greene, Harb, Hervieux-Payette, P.C., Massicotte, Moore, Oliver, Ringuette and Tkachuk (11).
In attendance: Marc-André Pigeon and John Bulmer, Analysts, Parliamentary Information and Research Service, Library of Parliament.
Also in attendance: The official reporters of the Senate.
Pursuant to the order of reference adopted by the Senate on Tuesday, March 3, 2009, the committee began its examination of the credit and debit card systems in Canada and their relative rates and fees, in particular for businesses and consumers.(For complete text of the order of reference, see proceedings of the committee, Issue no. 2.)
WITNESSES:
Department of Finance Canada:
Jeremy Rudin, Assistant Deputy Minister, Financial Sector Policy Branch.
Competition Bureau Canada:
Richard Taylor, Deputy Commissioner of Competition, Civil Matters Branch;
Martine Dagenais, Assistant Deputy Commissioner of Competition, Civil Matters Branch.
Financial Consumer Agency of Canada (FCAC):
Ursula Menke, Commissioner.
Mr. Rudin made a statement and answered questions.
At 4:47 p.m., the committee suspended.
At 4:50 p.m., the committee resumed.
Mr. Taylor made a statement and with the other witness answered questions.
At 5:10 p.m., the committee suspended.
At 5:12 p.m., the committee resumed.
Ms. Menke made a statement and answered questions.
At 6:00 p.m., the committee adjourned to the call of the chair.
ATTEST:
OTTAWA, Thursday, March 26, 2009
(6)
[English]
The Standing Senate Committee on Banking, Trade and Commerce met this day at 10:35 a.m., in room 9, Victoria Building, the deputy chair, Honourable Yoine Goldstein, presiding.
Members of the committee present: The Honourable Senators Duffy, Fox, P.C., Goldstein, Greene, Hervieux- Payette, P.C., Massicotte, Moore, Oliver and Ringuette (9).
In attendance: Marc-André Pigeon and John Bulmer, Analysts, Parliamentary Information and Research Service, Library of Parliament.
Also in attendance: The official reporters of the Senate.
Pursuant to the order of reference adopted by the Senate on Tuesday, March 3, 2009, the committee continued its examination of the credit and debit card systems in Canada and their relative rates and fees, in particular for businesses and consumers. (For complete text of the order of reference, see proceedings of the committee, Issue no. 2.)
WITNESSES:
Desjardins Group:
Patrice Dagenais, Director, Planning and Product Development;
Susan Murray, Director, Government Relations.
Credit Union Central of Canada:
Brigitte Goulard, Vice-President, Policy;
Douglas Whelan, Director, Payments Policy.
Option consommateurs:
Genevieve Reed, Head of Research and Advocacy;
Anu Bose, Head of the Ottawa Office.
Ms. Murray, Mr. Dagenais, Ms. Goulard and Mr. Whelan made statements and answered questions.
At 11:40 a.m., the committee suspended.
At 11:43 a.m., the committee resumed.
Ms. Reed and Ms. Bose made statements and answered questions.
At 12:30 p.m., the committee adjourned to the call of the chair.
ATTEST:e
Line Gravel
Clerk of the Committee