Past Session:

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

First Session, Forty-first Parliament, 2011-12

Chair: The Honourable MICHAEL A. MEIGHEN

Wednesday, May 16, 2012
Thursday, May 17, 2012

Issue No. 18

First and second meetings on:

The subject-matter of those elements contained in Divisions 2, 10, 11, 22, 28, and 36 of Part 4 of Bill C-38, An Act to implement certain provisions of the budget tabled in Parliament on March 29, 2012 and other measures

APPEARING

Wednesday, May 16, 2012

The Honourable James M. Flaherty, P.C., M.P., Minister of Finance

WITNESSES

Wednesday, May 16, 2012

Department of Finance Canada:

Jeremy Rudin, Assistant Deputy Minister, Financial Sector Policy Branch;

Jane Pearse, Director, Financial Institutions;

James Wu, Chief, Financial Institutions Analysis;

Veronica C. Wessels, Expert Advisor, Financial Institutions Division;

Eleanor Ryan, Senior Chief, Financial Institutions Framework Policy, Financial Institutions Division;

Annie Hardy, Chief, Structural Issues;

Ling Wang, Chief, Housing Finance Review, Financial Institutions Division, Housing Finance Review;

Tamara Miller, Chief, Labour Markets, Employment and Learning.

Industry Canada:

Gerard Peets, Senior Director, Strategy and Planning Directorate;

Patricia Brady, Director, Investment, Insolvency, Competition and Corporate Policy Directorate.

Human Resources and Skills Development Canada:

Anthony Giles, Director General, Strategic Policy, Analysis and Workplace Information Directorate.

Thursday, May 17, 2012

Canada Mortgage and Housing Corporation:

Karen Kinsley, President and Chief Executive Officer;

Sébastien Gignac, General Counsel.

Office of the Superintendent of Financial Institutions Canada:

Penny Lee, Senior Director, Property and Casualty Insurance Group;

Patty Evanoff, Senior Director, Legislation and Approvals Division.

MEMBERS OF THE COMMITTEE

The Honourable Michael A. Meighen, Chair

The Honourable Céline Hervieux-Payette, P.C., Deputy Chair

and

The Honourable Senators:

*Cowan (or Tardif), Dawson, Greene, Harb, *LeBreton, P.C. (or Carignan), Maltais, Moore, Oliver, Ringuette, Smith (Saurel), Stewart Olsen, Tkachuk

*Ex officio members

(Quorum 4)

Changes in membership of the committee:

Pursuant to rule 85(4), membership of the committee was amended as follows:

The Honourable Senator Dawson replaced the Honourable Senator Massicotte (May 16, 2012).

The Honourable Senator Tkachuk replaced the Honourable Senator Stratton (May 3, 2012).

Banking, Commerce and the Economy