Proceedings of the Standing Senate Committee on
National Finance

Issue 30 - Minutes of Proceedings - November 27, 2012 (Afternoon meeting)

OTTAWA, Tuesday, November 27, 2012
(82)

[English]

The Standing Senate Committee on National Finance met this day, at 2:15 p.m., in room 9, Victoria Building, the chair, the Honourable Joseph A. Day, presiding.

Members of the committee present: The Honourable Senators Bellemare, Buth, Campbell, Day, Hervieux-Payette, P.C., McInnis, Nancy Ruth, Smith (Saurel), Unger and Stratton (10).

In attendance: Sylvain Fleury and Édison Roy-César, 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, October 30, 2012, the committee continued its examination of the subject-matter of Bill C-45, A second Act to implement certain provisions of the budget tabled in Parliament on March 29, 2012 and other measures. (For complete text of the order of reference, see proceedings of the committee, Issue No. 29.)

WITNESSES:

Treasury Board of Canada Secretariat:

Joan Arnold, Senior Director, Pensions and Benefits Sector;

Kim Gowing, Director, Pensions and Benefits Sector;

Dennis Duggan, Labour Relations Consultant;

David Belovich, Senior Director, Compensation and Labour Relations;

Sylvie Tanguay, Senior Policy Analyst.

Office of the Superintendent of Financial Institutions:

Jean-Claude Ménard, Chief Actuary.

Ms. Arnold made a statement and, together with Ms. Gowing and Mr. Ménard, answered questions.

At 3:07 p.m., the committee suspended.

At 3:10 p.m., the committee resumed.

Mr. Belovich made a statement and, together with Mr. Duggan and Ms. Tanguay, answered questions.

At 3:27 p.m., the committee adjourned to the call of the chair.

ATTEST:

Jodi Turner

Clerk of the Committee