Proceedings of the Standing Senate Committee on
Banking, Trade and Commerce
Issue No. 20 - Minutes of Proceedings - May 17, 2017
OTTAWA, Wednesday, May 17, 2017
The Standing Senate Committee on Banking, Trade and Commerce met this day
at 4:17 p.m., in room 257, East Block, the chair, the Honourable David
Members of the committee present: The Honourable Senators
Bellemare, Black, Campbell, Carignan, P.C., Day, Enverga, Marshall,
Massicotte, Moncion, Ringuette, Tannas, Tkachuk, Wallin and Wetston (14).
Other senators present: The Honourable Senators Mockler, Sinclair
and Woo (3).
In attendance: Michaël Lambert-Racine and Adriane Yong, Analysts,
Parliamentary Information and Research Services, Library of Parliament; Mila
Pavlovic, Communications Officer, Senate Communications Directorate.
Also present: The official reporters of the Senate.
Pursuant to the order of reference adopted by the Senate on Wednesday,
September 28, 2016, the committee continued its study and report on the
development of a national corridor in Canada as a means of enhancing and
facilitating commerce and internal trade. (For complete text of the order
of reference, see proceedings of the committee, Issue No. 8.)
Pursuant to rule 12-16(1)(d), the committee proceeded to consider a draft
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.
At 5:07 p.m., the committee suspended.
At 5:11 p.m., the committee resumed in public.
Pursuant to the order of reference adopted by the Senate on Monday, May
8, 2017, the committee began its examination of the subject matter of those
elements contained in Divisions 3, 8, 18 and 20 of Part 4 of Bill C-44, An
Act to implement certain provisions of the budget tabled in Parliament on
March 22, 2017 and other measures.
Department of Finance Canada:
Lisa Pezzack, Director, Financial Systems Division, Financial Sector
Justin Brown, Chief, Financial Systems Division, Financial Sector
Manuel Dussault, Chief, Financial Services Trade and Relations,
Financial Institutions Division, Financial Sector Policy Branch;