Proceedings of the Standing Senate Committee on
National Finance

Issue No. 25 - Minutes of Proceedings - February 15, 2017

OTTAWA, Wednesday, February 15, 2017
(62)

[Translation]

The Standing Senate Committee on National Finance met this day at 6:49 p.m., in room 9, Victoria Building, the chair, the Honourable Larry W. Smith, presiding.

Members of the committee present: The Honourable Senators Bellemare, Cools, Dean, Forest, Housakos, Marshall, Moncion, Pratte, Smith and Tkachuk (10).

In attendance: Sylvain Fleury and Olivier Leblanc-Laurendeau, analysts, Parliamentary Information and Research Service, Library of Parliament.

Also present: The official reporters of the Senate.

Pursuant to the order of reference adopted by the Senate on Tuesday, February 23, 2016, the committee continued its study on the federal government's multi-billion dollar infrastructure funding program. (For complete text of the order of reference, see proceedings of the committee, Issue No. 7.)

WITNESSES:

Caisse de dépôt et placement du Québec:

Michael Sabia, President and Chief Executive Officer;

Macky Tall, Executive Vice-President, Infrastructure.

Mr. Sabia made a statement and, with Mr. Tall, answered questions.

At 7:59 p.m., the committee suspended.

At 8:02 p.m., pursuant to rule 2-16(1)(d), the committee proceeded to consider a draft report in camera.

It was agreed that the senators' staff be permitted to remain in the room for the in camera portion of the meeting.

It was agreed:

That the committee allow a transcript of the in camera portion of the meeting to be made, that a copy of it be kept at the office of the clerk of the committee for reference by the members of the committee present or by the committee's analysts;

That the transcript be destroyed by the clerk once the Subcommittee on Agenda and Procedure authorizes her to do so, but no later than the end of the session of Parliament.

It was agreed:

That the draft report as amended be adopted;

That the Subcommittee on Agenda and Procedure be authorized to approve the final version of the report in light of the discussions of today, making any changes it deems necessary, whether to the format, grammar or translation;

That the chair be authorized to request the Senate's permission to present the report to the Clerk of the Senate in the event that the Senate is not is session at that time.

At 8:42 p.m., the committee adjourned to the call of the chair.

ATTEST:

Gaëtane Lemay

Clerk of the Committee