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

First Session, Forty-second Parliament, 2015-16-17-18

Chair: The Honourable DOUGLAS BLACK


Thursday, May 3, 2018
Wednesday, May 9, 2018
Thursday, May 10, 2018

Issue No. 40

First, second and third meetings:
Subject matter of those elements contained in Divisions 2, 4, 5, 6, 7, 12, 16 and 19 of Part 6 of Bill C-74, An Act to implement certain provisions of the budget tabled in Parliament on February 27, 2018 and other measures


 


WITNESSES

Thursday, May 3, 2018

Canadian Bankers Association:

Angelina Mason, General Counsel and Vice President;

Marina Mandal, Assistant General Counsel.

Canadian Credit Union Association:

Marc-André Pigeon, Assistant Vice President, Financial Sector Policy;

Athana Mentzelopoulos, Vice President, Government Relations.

Digital Finance Institute:

Christine Duhaime, Founder and Lawyer, Duhaime Law.

Canadian Association of Mutual Insurance Companies:

Normand Lafrenière, President.

SkyBridge Strategies:

Steve Masnyk, Principal.

The chair made a statement.

Wednesday, May 9, 2018

Bank of Canada:

Toni Gravelle, Managing Director, Financial Markets Department;

Richard Wall, Managing Director, Currency Department;

Nikil Chande, Director, Financial Stability Department.

Canada Deposit Insurance Corporation:

John Rossi, Policy and Research Advisor.

Department of Finance Canada:

Yuki Bourdeau, Senior Advisor, Financial Sector Policy Branch;

Julien Brazeau, Senior Director, Financial Services Innovation, Financial Sector Policy Branch;

Justin Brown, Director, Financial Stability, Financial Sector Policy Branch;

Manuel Dussault, Senior Director, Framework Policy, Financial Sector Policy Branch;

Marie-Josée Lambert, Director, Crown Corporation and Currency, Financial Sector Policy Branch;

Nick Marion, Director, Reserves Management, Financial Sector Policy Branch;

Eleanor Ryan, Director General, Financial Institutions Division, Financial Sector Policy Branch;

Saskia Tolsma, Senior Economist, Sectoral Policy Analysis, Economic Development and Corporate Finance;

Jeremy Weil, Senior Project Leader, Financial Sector Policy Branch.

Thursday, May 10, 2018

Department of Finance Canada:

Manuel Dussault, Senior Director, Framework Policy, Financial Sector Policy Branch;

Julien Brazeau, Senior Director, Financial Services Innovation, Financial Sector Policy Branch;

Jeremy Weil, Senior Project Leader, Financial Sector Policy Branch;

Saskia Tolsma, Senior Economist, Sectoral Policy Analysis, Economic Development and Corporate Finance;

Galen Countryman, Director General, Federal-Provincial Relations Division.

Communications Security Establishment:

Scott Jones, Deputy Chief, IT Security.

Public Safety Canada:

Colleen Merchant, Director General, National Cyber Security Directorate.

Shared Services Canada:

Pankaj Sehgal, Assistant Deputy Minister, Cyber and IT Security.

Employment and Social Development Canada:

Marianna Giordano, Director, CPP Policy and Legislation.

Canada Revenue Agency:

Danielle Héroux, Director, CPP/EI Rulings Division.


MEMBERS OF THE COMMITTEE

The Honourable Douglas Black, Chair

The Honourable Carolyn Stewart Olsen, Deputy Chair

and

The Honourable Senators:

Dagenais, Day, *Day (or Mercer), *Harder, P.C. (or Bellemare), (or Mitchell), Moncion, Ringuette, *Smith (or Martin), Tannas, Tkachuk, Unger, Wallin, Wetston, *Woo (or Saint-Germain)

*Ex officio members

(Quorum 4)

Changes in membership of the committee:

Pursuant to rule 12-5 and to the order of the Senate of November 7, 2017, membership of the committee was amended as follows:

The Honourable Senator Moncion replaced the Honourable Senator Marwah (May 9, 2018).

The Honourable Senator Wallin replaced the Honourable Senator Verner, P.C. (May 3, 2018).

The Honourable Senator Verner, P.C., replaced the Honourable Senator Wallin (May 1, 2018).

The Honourable Senator Tannas replaced the Honourable Senator Frum (April 27, 2018).