Proceedings of the Standing Senate Committee on
Banking, Trade and Commerce

Issue 9 - Minutes of Proceedings - April 30, 2014

OTTAWA, Wednesday, April 30, 2014
(22)

[English]

The Standing Senate Committee on Banking, Trade and Commerce met this day at 4:22 p.m., in room 9, Victoria Building, the chair, the Honourable Irving Gerstein, presiding.

Members of the committee present: The Honourable Senators Bellemare, Black, Gerstein, Greene, Hervieux-Payette, P.C., Maltais, Massicotte, Ngo, Ringuette and Tkachuk (10).

In attendance: Adriane Yong and Brett Stuckey, Analysts, Parliamentary Information and Research Service, Library of Parliament; Mona Ishack, Communicatons Officer, Communications Directorate.

Also present: The official reporters of the Senate.

Pursuant to the order of reference adopted by the Senate on Thursday, November 7, 2013, the committee continued its examination of the present state of the domestic and international financial system. (For complete text of the order of reference, see proceedings of the committee, Issue No. 1.)

WITNESSES:

Bank of Canada:

Stephen S. Poloz, Governor;

Tiff Macklem, Senior Deputy Governor.

The chair made an opening statement.

Mr. Poloz made a statement and, together with Mr. Macklem, answered questions.

At 6:05 p.m., the committee adjourned to the call of the chair.

ATTEST:

Barbara Reynolds

Clerk of the Committee