Proceedings of the Standing Senate Committee on
National Finance

Issue No. 95 - Minutes of Proceedings - May 15, 2019 (evening meeting)

OTTAWA, Wednesday, May 15, 2019
(222)

[Traduction]

The Standing Senate Committee on National Finance met this day at 6:51 p.m., in room W120, 1 Wellington Street, the chair, the Honourable Percy Mockler, presiding.

Members of the committee present: The Honourable Senators Andreychuk, Black (Ontario), Boehm, Day, Duncan, Eaton, Forest, Forest-Niesing, Klyne, Marshall, Mockler and Pratte (12).

In attendance: Alex Smith and Shaowei Pu, 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, November 27, 2018, the committee began its consideration of Bill S-246, An Act to amend the Borrowing Authority Act.

WITNESSES:

The Honourable Senator Joseph A. Day, sponsor of the bill.

Department of Finance Canada:

Nicolas Moreau, Director General, Funds Management Division, Financial Sector Policy Branch;

James Wu, Senior Director, Funds Management Division, Financial Sector Policy Branch.

The chair made a statement.

The Honourable Senator Day made a statement and answered questions.

At 7:47 p.m., the committee suspended.

At 7:49 p.m., the committee resumed.

Mr. Moreau and Mr. Wu made a statement and answered questions.

At 8:30 p.m., the committee suspended.

At 8:32 p.m., pursuant to rule 12-16(1)(d), the committee resumed in camera to consider a draft agenda (future business).

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

At 8:48 p.m., the committee adjourned to the call of the chair.

ATTEST:

Gaëtane Lemay
Clerk of the Committee