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

Issue No. 21 - Minutes of Proceedings - November 30, 2017


OTTAWA, Thursday, November 30, 2017
(78)

[English]

The Standing Senate Committee on Banking, Trade and Commerce met in camera this day at 11:15 a.m., in room 9, Victoria Building, the deputy chair, the Honourable Carolyn Stewart Olsen, presiding.

Members of the committee present: The Honourable Senators Day, Downe, Maltais, Marwah, Ringuette, Stewart Olsen, Tannas, Tkachuk, Unger, Wallin and Wetston (11).

Other senators present: The Honourable Senators Omidvar and Pratte (2).

In attendance: Adriane Yong, Analyst, Parliamentary Information and Research Services, Library of Parliament.

Also present: The official reporters of the Senate.

Pursuant to rule 12-16(1)(d), the committee considered a draft agenda (future business).

It was agreed that the following special study budget application (cyber security and cyber fraud), for the fiscal year ending March 31, 2018, be approved for submission to the Standing Committee on Internal Economy, Budgets and Administration:

GENERAL EXPENSES

ACTIVITY 1: CONFERENCE: WALL STREET JOURNAL PRO CYBERSECURITY EXECUTIVE FORUM,
NEW YORK, NEW YORK, DECEMBER 13, 2017

$19,064

TOTAL

$19,064

At 11:27 a.m., the committee suspended.

At 11:30 a.m., the committee resumed in public.

Pursuant to the order of reference adopted by the Senate on Thursday, November 23, 2017, the committee began its examination of Bill C-25, An Act to amend the Canada Business Corporations Act, the Canada Cooperatives Act, the Canada Not-for-profit Corporations Act, and the Competition Act.

APPEARING:

The Honourable Navdeep Bains, P.C., M.P., Minister of Innovation, Science and Economic Development.

WITNESSES:

Innovation, Science and Economic Development Canada:

John Knubley, Deputy Minister;

Mark Schaan, Director General, Marketplace Framework Policy Branch.

The deputy chair made a statement.

Minister Bains made a statement and, together with Mr. Schaan, answered questions.

At 12:24 p.m., the committee adjourned to the call of the chair.

ATTEST:

Lynn Gordon
Clerk of the Committee