Proceedings of the Standing Senate Committee on
Banking, Trade and Commerce
Issue No. 22 - Minutes of Proceedings - June 14, 2017
OTTAWA, Wednesday, June 14, 2017
The Standing Senate Committee on Banking, Trade and Commerce met this day at 4:19 p.m., in room 9, Victoria
Building, the chair, the Honourable David Tkachuk, presiding.
Members of the committee present: The Honourable Senators Black, Campbell, Enverga, Maltais, Massicotte,
Ringuette, Tannas, Tkachuk, Unger, Wallin and Wetston (11).
Also present: The official reporters of the Senate.
In attendance: Michaël Lambert-Racine and Adriane Yong, Analysts, Parliamentary Information and Research
Services, Library of Parliament; Mila Pavlovic, Communications Officer, Senate Communications Directorate.
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.)
The Honourable Navdeep Bains, P.C., M.P., Minister of Innovation, Science and Economic Development.
Innovation, Science and Economic Development Canada:
John Knubley, Deputy Minister.
The chair made a statement.
Minister Bains made a statement and, together with Mr. Knubley, answered questions.
At 5:07 p.m., the committee suspended.
At 5:14 p.m., the committee, pursuant to rule 12-16(1)(d), resumed in camera to consider a draft report.
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 the full text of the order of reference, see Issue No. 8 of the committee
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.
It was agreed that the draft report be adopted with the changes as discussed today, that the Subcommittee on
Agenda and Procedure be authorized approve the final version, that the chair be authorized to table the amended
report in the Senate, at the earliest opportunity, and to request a complete and detailed response from the government.
At 5:40 p.m., the committee adjourned to the call of the chair.