Proceedings of the Standing Senate Committee on
Banking, Trade and Commerce
Issue 14 - Minutes of Proceedings
OTTAWA, Wednesday, November 24, 2010
(30)
[English]
The Standing Senate Committee on Banking, Trade and Commerce met this day, at 4:15 p.m., in room 9, Victoria Building.
Members of the committee present: The Honourable Senators Ataullahjan, Fox, P.C., Greene, Harb, Kochhar, Massicotte, Moore, Mockler, Oliver, Poirier and Ringuette (11).
In attendance: John Bulmer and Adriane Yong, Analysts, Parliamentary Information.
The clerk informed the committee of the unavoidable absence of the chair and deputy chair and presided over the election of an acting chair.
The Honourable Senator Kochhar moved that Senator Oliver be acting chair.
The question being put on the motion, it was adopted.
Pursuant to the order of reference adopted by the Senate on Tuesday, March 30, 2010 continued its examination of Bill S-201, An Act to amend the Office of the Superintendent of Financial Institutions Act (credit and debit cards). (For complete text of the order of reference, see proceedings of the committee, Issue No. 9.)
WITNESSES:
Department of Finance Canada:
Diane Lafleur, General Director, Financial Sector Policy Branch.
Office of the Superintendent of Financial Institutions Canada:
Patty Evanoff, Senior Director, Legislation and Approvals Division.
Financial Consumer Agency of Canada:
John Rossi, Director, Compliance and Enforcement Branch.
Canadian Council of Grocery Distributors:
David Wilkes, Senior Vice-President, Trade and Business Development.
Coalition québécoise des marchands contre l'augmentation des hausses des frais de transaction sur les cartes de crédit et de débit:
Danielle Chayer, Vice-President and General Director, Association des hôteliers du Québec;
Pierre-Alexandre Blouin, Director, Public Affairs, Association des détaillants en alimentation du Québec.
Retail Council of Canada:
Terrance Oakey, Vice-President, Federal Government Relations.
Canadian Independent Petroleum Marketers Association (CIPMA):
David Collins, Vice-President of Wilson Fuels and CIPMA Board Member.
Ms. Lafleur, Ms. Evanoff and Mr. Rossi each made a statement and answered questions.
At 5:18 p.m., the committee suspended.
At 5:20 p.m., the committee resumed.
Ms. Chayer, Mr. Blouin Mr. Oakey, Mr. Wilkes and Mr. Collins each made statements and answered questions.
It was agreed to proceed tomorrow, Thursday, November 25, 2010, to the clause-by-clause study of Bill S-216.
At 6:35 p.m., the committee adjourned to the call of the chair.
ATTEST:
OTTAWA, Thursday, November 25, 2010
(31)
[English]
The Standing Senate Committee on Banking, Trade and Commerce met this day, at 10:30 a.m., in room 9, Victoria Building, the deputy chair, the Honourable Céline Hervieux-Payette, P.C., presiding.
Members of the committee present: The Honourable Senators Ataullahjan, Dickson, Eggleton, P.C., Greene, Harb, Hervieux-Payette, P.C., Kochhar, Moore, Mockler, Plett and Ringuette (11).
In attendance: John Bulmer, Adriane Yong, Analysts, Parliamentary Information and Research and June Dewetering, Chief, Macroeconomics, Library of Parliament.
Pursuant to the order of reference adopted by the Senate on Tuesday, March 30, 2010 continued its examination of Bill S-201, An Act to amend the Office of the Superintendent of Financial Institutions Act (credit and debit cards). (For complete text of the order of reference, see proceedings of the committee, Issue No. 9.)
WITNESSES:
MasterCard:
Betty De Vita, President for Canada;
Don Lebeuf, Vice-President of Strategic Program Management and Business Planning.
Canadian Bankers Association:
Nancy Fung, Vice-President, Banking Operations;
Darren Hannah, Director, Banking Operations.
Visa Canada:
Tim Wilson, Head;
Mike Bradley, Head of Products.
Mr. Wilson, Ms. Fung and Ms De Vita made statements and, together with Mr. Hannah, Mr. Bradley and Mr. Lebeuf, answered questions.
It was agreed that the Steering Committee look into the possibility of calling more witnesses on Bill S-201 like the Interac Association, the Competition Bureau and companies like Monaris.
At 11:40 a.m., the committee suspended.
At 11:48 a.m., the committee resumed.
Pursuant to the order of reference adopted by the Senate on Thursday, June 17, 2010 continued its examination of Bill S-216, An Act to amend the Bankruptcy and Insolvency Act and the Companies' Creditors Arrangement Act in order to protect beneficiaries of long term disability benefits plans. (For complete text of the order of reference, see proceedings of the committee, Issue No. 13.)
At 12:05 p.m., pursuant to rule 92(2) (f), it was agreed that the committee proceed in camera to consider a draft report.
It was agreed that senators' staff as well as the Honourable Judy Sgro, P.C., M.P., be permitted to stay in the room with the condition that no Blackberrys be used.
At 12:20 p.m., the committee resumed its public meeting.
It was moved by the Honourable Senator Greene that the committee do not proceed with clause-by-clause study of Bill S-216.
After debate,
The question put on the motion it was adopted on the following vote:
YEAS — The Honourable Senators: Ataullajhan, Dickson, Greene, Kochhar, Mockler and Plett (6)
NAYS — The Honourable Senators: Eggleton, Harb, Hervieux-Payette, Moore and Ringuette (5)
It was moved by the Honourable Senator Greene that the report on Bill S-216 presented to the committee be adopted.
After debate,
The question being put on the motion, it was adopted on the following vote:
YEAS — The Honourable Senators: Ataullajhan, Dickson, Greene, Kochhar, Mockler and Plett (6)
NAYS — The Honourable Senators: Eggleton, Harb, Hervieux-Payette, Moore and Ringuette (5)
It was agreed that the result of the vote be added to the report.
It was agreed that a letter be sent to the minister urging him to come up with a plan or a piece of legislation, as soon as possible, that would effectively satisfy and deal with this issue.
At 12:40 p.m., the committee adjourned to the call of the chair.
ATTEST:
OTTAWA, Wednesday, December 1, 2010
(32)
[English]
The Standing Senate Committee on Banking, Trade and Commerce met in camera this day at 4:25 p.m., in room 505, Victoria Building, the chair, the Honourable Michael A. Meighen, presiding.
Members of the committee present: The Honourable Senators Greene, Harb, Hervieux-Payette, P.C., Kochhar, Massicotte, Meighen, Mockler, Moore, Neufeld, Plett and Ringuette (11).
In attendance: John Bulmer, Adriane Yong and June Dewetering, Analysts, Parliamentary Information and Research Service, Library of Parliament; Francine Presseault, Communications Officer, Communications Directorate.
Pursuant to the order of reference adopted by the Senate on Tuesday, October 5, 2010, the committee continued its examination to undertake the 10-year statutory review of the Business Development Bank of Canada, as required by the Business Development Bank of Canada Act. (For complete text of the order of reference, see proceedings of the committee, Issue No. 10.)
Pursuant to rule 92(2)(f), the committee considered a draft report.
It was agreed that senators' staff be permitted to stay in the room with the condition that no Blackberrys be used.
At 6:15 p.m., the committee adjourned to the call of the chair.
ATTEST:
OTTAWA, Thursday, December 2, 2010
(33)
[English]
The Standing Senate Committee on Banking, Trade and Commerce met in camera this day at 10:40 a.m., in room 505, Victoria Building, the chair, the Honourable Michael A. Meighen, presiding.
Members of the committee present: The Honourable Senators Ataullahjan, Frum, Greene, Harb, Hervieux-Payette, P.C., Kochhar, Massicotte, Meighen, Mockler, Moore, Plett and Ringuette (12).
In attendance: John Bulmer, Adriane Yong, Analysts, Parliamentary Information and Research and June Dewetering, Chief, Macroeconomics, Library of Parliament; Francine Presseault, Communications Officer, Communications Directorate.
Pursuant to the order of reference adopted by the Senate on Tuesday, October 5, 2010, the committee continued its examination to undertake the 10-year statutory review of the Business Development Bank of Canada, as required by the Business Development Bank of Canada Act. (For complete text of the order of reference, see proceedings of the committee, Issue No. 10.)
Pursuant to rule 92(2)(f), the committee considered a draft report.
It was agreed that senators' staff be permitted to stay in the room with the condition that no Blackberrys be used.
At 12 p.m., the committee adjourned to the call of the chair.
ATTEST:
Line Gravel
Clerk of the Committee