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

Issue 29 - Minutes of Proceedings - May 13, 2015

OTTAWA, Wednesday, May 13, 2015
(63)

[English]

The Standing Senate Committee on Banking, Trade and Commerce met this day at 4:18 p.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, Ringuette, Tkachuk and Wallace (10).

In attendance: Michaël Lambert-Racine and Adriane Yong, 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:

Saint John Human Development Council:

Randy Hatfield, Executive Director.

Canadian Institute of Actuaries:

Kelley McKeating, FSA, FCIA.

The chair made a statement.

Pursuant to subsection 12(1) of the Ethics and Conflict of Interest Code for Senators, a declaration of private interests was made as follows:

By written declaration, the Honourable Tannas (Bill S-210, An Act to amend the Criminal Code (criminal interest rate)).

Mr. Hatfield made a statement and answered questions.

At 5:23 p.m., the committee suspended.

At 5:25 p.m., the committee resumed.

Ms. McKeating made a statement and answered questions.

At 5:55 p.m., the committee adjourned to the call of the chair.

ATTEST:

Keli Hogan

Clerk of the Committee