Proceedings of the Standing Senate Committee on
Banking, Trade and Commerce
Issue 12 - Minutes of Proceedings - May 29, 2014
OTTAWA, Thursday, May 29, 2014
(29)
[English]
The Standing Senate Committee on Banking, Trade and Commerce met this day at 10:30 a.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.
Also present: The official reporters of the Senate.
Pursuant to the order of reference adopted by the Senate on Wednesday, April 9, 2014, the committee began its examination of Bill S-202, An Act to amend the Payment Card Networks Act (credit card acceptance fees).
WITNESSES:
The Honourable Senator Pierrette Ringuette, sponsor of the bill.
Department of Finance Canada:
David Murchison, Director, Financial Sector Division;
Erin O'Brien, Chief, Financial Sector Stability - International, Financial Sector Division.
Financial Consumer Agency of Canada:
Kevin Thomas, Acting Director, Compliance and Enforcement Branch.
Competition Bureau:
Richard Bilodeau, Assistant Deputy Commissioner, Civil Matters Branch Division B;
Nadia Brault, Senior Officer, Civil Matters Branch Division B.
The chair made an opening statement.
The Honourable Senator Ringuette made a statement and answered questions.
At 11:23 a.m., the committee suspended.
At. 11:26 a.m., the committee resumed.
Mr. Murchison made a statement and, together with Ms. O'Brien, answered questions.
Mr. Thomas made a statement and answered questions.
At 12:03 p.m., the committee suspended.
At 12:05 p.m., the committee resumed.
Mr. Bilodeau made a statement and, together with Ms. Brault, answered questions.
At 12:28 p.m., the committee adjourned to the call of the chair.
ATTEST:
Barbara Reynolds
Clerk of the Committee