Proceedings of the Standing Senate Committee on
Banking, Trade and Commerce
Issue 7 - Minutes of Proceedings - April 2, 2014
OTTAWA, Wednesday, April 2, 2014
(18)
[English]
The Standing Senate Committee on Banking, Trade and Commerce met this day, at 4:55 p.m., in room 9, Victoria Building, the chair, the Honourable Irving Gerstein, presiding.
Members of the committee present: The Honourable Senators Bellemare, Black, Campbell, Gerstein, Greene, Hervieux-Payette, P.C., MacDonald, Maltais, Massicotte, Ngo, Rivard and Tkachuk (12).
In attendance: Adriane Yong and Brett Stuckey, Analysts, Parliamentary Information and Research Service, Library of Parliament.
Also present: The official reporters of the Senate.
Pursuant to the order of reference adopted by the Senate on Tuesday, March 25, 2014, the committee continued its examination on the use of digital currency. (For complete text of the order of reference, see proceedings of the committee, Issue No. 6.)
WITNESSES:
Bank of Canada:
Grahame Johnson, Chief, Funds Management and Banking;
Lukasz Pomorski, Assistant Director, Funds Management and Banking.
The chair made an opening statement.
Mr. Johnson and Mr. Pomorski each made a statement and answered questions.
At 5:28 p.m., the Honourable Senator Tkachuk replaced the Honourable Senator MacDonald as a member of the committee.
At 6:13 p.m., the committee suspended.
At 6:15 p.m., pursuant to rule 12-16(1)(d), the committee proceeded in camera to consider a draft agenda (future business).
It was agreed that senators' staff be permitted to remain in the room provided they not use their blackberries, cellular phones or other electronic devices.
At 6:20 p.m., the committee adjourned to the call of the chair.
ATTEST:
Barbara Reynolds
Clerk of the Committee