Proceedings of the Standing Senate Committee on
Banking, Trade and Commerce
Issue 29 - Minutes of Proceedings - February 6, 2013
OTTAWA, Wednesday, February 6, 2013
The Standing Senate Committee on Banking, Trade and Commerce met this day
at 3:15 p.m., in room 9, Victoria Building, the deputy chair, the Honourable
Céline Hervieux-Payette, P.C., presiding.
Members of the committee present: The Honourable Senators
Bellemare, Greene, Harb, Hervieux-Payette, P.C., Maltais, Massicotte, Moore,
Plett, Ringuette, Rivard and Tkachuk (11).
In attendance: Adriane Yong and Brett Stuckey, Analysts,
Parliamentary Information and Research Service, Library of Parliament.
Also in attendance: The official reporters of the Senate.
Pursuant to the order of reference adopted by the Senate on Tuesday,
December 11, 2012, the committee began its examination of Bill C-28, An Act
to amend the Financial Consumer Agency of Canada Act.
The Honourable Ted Menzies, P.C., M.P., Minister of State (Finance).
Financial Consumer Agency of Canada:
Ursula Menke, Commissioner.
Department of Finance Canada:
Jeremy Rudin, Assistant Deputy Minister, Financial Sector Policy
Eleanor Ryan, Senior Chief, Financial Institutions Framework Policy,
Financial Institutions Division.
The deputy chair made an opening statement.
The Minister of State made a statement and, together with Ms. Menke and
Mr. Rudin, answered questions.
At 4:17 p.m., the committee suspended.
At 4:20 p.m., the committee resumed.
Ms. Menke, Mr. Rudin and Ms. Ryan answered questions.
At 5:02 p.m., the committee adjourned to the call of the chair.
Clerk of the Committee