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

Issue No. 45 - Evidence - September 26, 2018

OTTAWA, Wednesday, September 26, 2018


The Standing Senate Committee on Banking, Trade and Commerce met this day at 4:16 p.m., in room 9, Victoria Building, the chair, the Honourable Douglas Black, presiding.

Members of the committee present: The Honourable Senators Black (Alberta), Dagenais, Marwah, Stewart Olsen, Tannas, Tkachuk, Verner, P.C., Wallin and Wetston (9).

Other senators present: The Honourable Senators Dalphond, Deacon (Nova Scotia) and Mockler (3).

In attendance: Adriane Yong and Brett Stuckey, 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 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.) (Topic: Digital Currency: Update and Review)


The Honourable Bill Morneau, P.C., M.P., Minister of Finance.


Department of Finance Canada:

Rob Stewart, Associate Deputy Minister and G7/G20 and Financial Stability Board Deputy for Canada.

Annette Ryan, Associate Assistant Deputy Minister, Financial Sector Policy Branch;

Julien Brazeau, Senior Director, Strategy and Coordination, Financial Institutions Division, Financial Sector Policy Branch;

Gabriel Ngo, Advisor, Financial Crimes Policy, Financial Sector Policy Branch.

The chair made a statement.

The minister made a statement and, together with Mr. Stewart, answered questions.

At 5:23 p.m., the minister departed and Ms. Ryan, Mr. Brazeau and Mr. Ngo joined Mr. Stewart at the table.

The chair made a statement.

Mr. Stewart, Ms. Ryan and Mr. Ngo answered questions.

At 5:39 p.m., the committee adjourned to the call of the chair.


Lynn Gordon
Clerk of the Committee