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

Issue 28 - Minutes of Proceedings - May 6, 2015

OTTAWA, Wednesday, May 6, 2015
(61)

[English]

The Standing Senate Committee on Banking, Trade and Commerce met this day at 4:16 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, Maltais, Massicotte, Ringuette, Tkachuk and Wallace (10).

In attendance: Adriane Yong and Michaël Lambert-Racine, Analysts, Parliamentary Information and Research Services, Library of Parliament.

Also present: The official reporters of the Senate.

Pursuant to the order of reference adopted by the Senate on Thursday, May 29, 2014, the committee continued its study of Bill S-210, An Act to amend the Criminal Code (criminal interest rate). (For complete text of the order of reference, see proceedings of the committee, Issue No. 27.)

WITNESSES:

As an individual:

Michael Bradfield, Professor of Economics (Ret'd), Dalhousie University.

Option consommateurs:

Dominique Gervais, Department Head, Legal and Budget Department.

Uniform Law Conference of Canada:

Jennifer Babe, Partner, Miller Thomson LLP.

As an individual:

Ian Lee, Assistant Professor, Sprott School of Business, Carleton University.

The chair made a statement.

Mr. Bradfield and Ms. Gervais each made a statement and answered questions.

At 5:27 p.m., the committee suspended.

At 5:30 p.m., the committee resumed.

Mr. Lee and Ms. Babe each made a statement and answered questions.

At 6:17 p.m., the committee adjourned to the call of the chair.

ATTEST:

Keli Hogan

Clerk of the Committee