Proceedings of the Standing Senate Committee on
Banking, Trade and Commerce
Issue No. 33 - Evidence - February 7, 2018
OTTAWA, Wednesday, February 7, 2018
(85)
[English]
The Standing Senate Committee on Banking, Trade and Commerce met this day at 4:15 p.m., in room 9, Victoria Building, the chair, the Honourable Douglas Black, presiding.
Members of the committee present: The Honourable Senators Black, Dagenais, Day, Ringuette, Stewart Olsen, Tannas, Tkachuk, Wallin and Wetston (9).
In attendance: Adriane Yong and Michaël Lambert-Racine, 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 Thursday, November 23, 2017, the committee continued its consideration of Bill S-237, An Act to amend the Criminal Code (criminal interest rate). (For complete text of the order of reference, see proceedings of the committee, Issue No. 32.)
WITNESSES:
Canadian Bankers Association:
Charles Docherty, Senior Legal Counsel.
Canadian Credit Union Association:
Marc-André Pigeon, Vice President, Financial Sector Policy;
Kate Martin, Senior Policy Advisor, Community Impact.
Canadian Lenders Association:
Gary Schwartz, President (by video conference).
Progressa:
Ali Pourdad, Chief Executive Officer.
The Honourable Senator Pierrette Ringuette, sponsor of the bill.
The chair made a statement.
Mr. Docherty made a statement and answered questions.
Mr. Pigeon made a statement and, together with Ms. Martin, answered questions.
At 5:06 p.m., the committee suspended.
At 5:08 p.m., the committee resumed.
The chair made a statement.
Mr. Schwartz and Mr. Pourdad each made a statement and answered questions.
At 5:48 p.m., the committee suspended.
At 5:50 p.m., the committee resumed.
The chair made a statement.
The Honourable Senator Ringuette made a statement and answered questions.
At 6:16 p.m., the committee adjourned to the call of the chair.
ATTEST:
Barbara Reynolds
Clerk of the Committee