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

Issue No. 7 - Minutes of Proceedings - June 16, 2016

OTTAWA, Thursday, June 16, 2016


The Standing Senate Committee on Banking, Trade and Commerce met this day at 10:30 a.m., in room 9, Victoria Building, the chair, the Honourable David Tkachuk, presiding.

Members of the committee present: The Honourable Senators Black, Campbell, Day, Enverga, Greene, Massicotte, Ringuette, Smith, Tannas and Tkachuk (10).

Other senator present: The Honourable Senator Wallin (1).

In attendance: Dylan Gowans and Brett Stuckey, Analysts, Parliamentary Information and Research Services, Library of Parliament; Stéphanie Fillion, Media Outreach Coordinator, and Marcy Galipeau, Committees Liaison Officer, Senate Communications Directorate.

Also present: The official reporters of the Senate.

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. 2.)


Office of the Parliamentary Budget Officer:

Jean-Denis Fréchette, Parliamentary Budget Officer;

Mostafa Askari, Assistant Parliamentary Budget Officer;

Scott Cameron, Economic Analyst/Advisor;

Chris Matier, Senior Director, Economic Analysis and Forecasting.

The chair made a statement.

Mr. Fréchette and Mr. Matier each made a statement and, together with Mr. Askari and Mr. Cameron, answered questions.

At 11:35 a.m., the committee suspended.

At 11:37 a.m., the committee, pursuant to rule 12-16(1)(d), resumed in camera to consider a draft agenda (future business).

At 12:04 p.m., the committee adjourned to the call of the chair.


Lynn Gordon

Clerk of the Committee