Proceedings of the Standing Senate Committee on
National Finance

Issue No. 11 - Minutes of Proceedings - June 7, 2016 (11:48a.m. Meeting)

OTTAWA, Tuesday, June 7, 2016
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[Translation]

The Standing Senate Committee on National Finance met this day at 11:48 a.m., in room 9, Victoria Building, the chair, the Honourable Larry W. Smith, presiding.

Members of the committee present: The Honourable Senators Eaton, Lang, Marshall, Mitchell, Mockler and Smith (6).

Other senators present: The Honourable Senators Bellemare and Patterson (2).

In attendance: Alex Smith and Sylvain Fleury, 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, May 3, 2016, the committee continued its study on the subject matter of all of Bill C-15, An Act to implement certain provisions of the budget tabled in Parliament on March 22, 2016 and other measures. (For complete text of the order of reference, see proceedings of the committee, Issue No. 9.)

APPEARING:

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

WITNESSES:

Department of Finance Canada:

Miodrag Jovanovic, Director General, Analysis, Tax Policy Branch;

Nicholas Leswick, Assistant Deputy Minister, Economic and Fiscal Policy Branch;

Rob Stewart, Assistant Deputy Minister, Financial Sector Policy Branch; and

Tom McGirr, Chief, Equalization and TFF Policy, Federal-Provincial Relations Division, Federal-Provincial Relations and Social Policy Branch.

The minister made an opening statement and, along with Mr. McGirr and Mr. Stewart, answered questions.

At 1 p.m., the committee adjourned to the call of the chair.

ATTEST:

Gaëtane Lemay

Clerk of the Committee