Proceedings of the Standing Senate Committee on
Banking, Trade and Commerce
Issue No. 3 - Minutes of Proceedings - March 10, 2016
OTTAWA, Thursday, March 10, 2016
The Standing Senate Committee on Banking, Trade and Commerce met this day at
10:32 a.m., in room 9, Victoria Building, the chair, the Honourable David
Members of the committee present: The Honourable Senators Bellemare,
Black, Enverga, Greene, Maltais, Ringuette, Smith (Saurel), Tannas and
Other senators present: The Honourable Senators Day and Wallin (2).
In attendance: Brett Stuckey and June Dewetering, 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 Tuesday, February
16, 2016, the committee continued its study on the issues pertaining to internal
barriers to trade (For complete text of the order of reference, see
proceedings of the committee, Issue No. 2.)
As an individual:
Dan Albas, Member of Parliament for Central Okanagan—Similkameen— Nicola;
Jack Mintz, President's Fellow, The School of Public Policy, University of
Calgary (by video conference).
Mr. Albas and Mr. Mintz each made a statement and answered questions.
At 11:22 a.m., the committee suspended.
At 11:24 a.m., pursuant to rule 12-16(1)(d), the committee resumed in camera
to consider a draft report.
Pursuant to the order of reference adopted by the Senate on Wednesday,
January 27, 2016, the committee continued its study on the present state of the
domestic and international financial system (For complete text of the order
of reference, see proceedings of the committee, Issue No. 1.) (topic: The
causes and effects of the recent decline in the Canadian dollar exchange rate)
It was agreed that the committee allow the transcription of the in camera
portion of the meeting, that one copy be kept in the office of the clerk of the
committee for consultation by committee members present and/or by the committee
analysts, and that the transcript be destroyed by the clerk when authorized to
do so by the Subcommittee on Agenda and Procedure, but no later than at the end
of this parliamentary session.
After debate, it was agreed:
That the draft report, as modified, be adopted;
That the Subcommittee on Agenda and Procedure be authorized to approve the
final version of the report with the changes as discussed today and with any
necessary editorial, grammatical or translation changes required; and
That the chair be authorized to table the report in the Senate, at the
At 11:51 a.m., the committee adjourned to the call of the chair.