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

Issue No. 10 - Minutes of Proceedings - November 30, 2016


OTTAWA, Wednesday, November 30, 2016
(39)

[English]

The Standing Senate Committee on Banking, Trade and Commerce met this day at 2:29 p.m., in room 160-S, Centre Block, the deputy chair, the Honourable Joseph A. Day, presiding.

Members of the committee present: The Honourable Senators Day, Enverga, Greene, Massicotte, Ringuette, Smith and Tannas (7).

In attendance: Michaël Lambert-Racine and Brett Capstick, 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, November 22, 2016, the committee began its examination of the subject matter of those elements contained in Divisions 3, 4, 5, 6 and 7 of Part 4 of Bill C-29, A second Act to implement certain provisions of the budget tabled in Parliament on March 22, 2016 and other measures.

WITNESSES:

Employment and Social Development Canada (ESDC):

Jessica Kerr, Director General, Canada Education Savings Program;

Christine Nagy, Analyst, Operational Policy and Legislation, Program Operations Division;

Michelle Demery, Director, Programs Division, Office for Disability Issues, Income Security and Social Development Branch .

Department of Finance Canada:

        Glenn Campbell, Director, Financial Institutions Division, Financial Sector Policy Branch;

        Eleanor Ryan, Senior Chief, Financial Institutions Division, Financial Sector Policy Branch;

        Jean-François Girard, Chief, Financial Institutions Division, Financial Sector Policy Branch;

        Nicolas Moreau, Director, Funds Management Division, Financial Sector Policy Branch;

        James Wu, Chief, Funds Management Division, Financial Sector Policy Branch;

        Mark Joshua, Senior Economist, Funds Management Division, Financial Sector Policy Branch.

The chair made a statement.

Mr. Campbell made a statement and, together with Mr. Girard, answered questions.

At 3:22 p.m., the committee suspended.

At 3:50 p.m., the committee resumed.

The chair made a statement.

Ms. Kerr made a statement and answered questions.

Ms. Demery made a statement and answered questions.

Mr. Moreau made a statement and, together with Mr. Joshua, answered questions.

At 4:55 p.m., the committee adjourned to the call of the chair.

ATTEST:

Lynn Gordon

Clerk of the Committee