Proceedings of the Standing Senate Committee on
Banking, Trade and Commerce
Issue 9 - Minutes of Proceedings - May 1, 2014
OTTAWA, Thursday, May 1, 2014
(23)
[English]
The Standing Senate Committee on Banking, Trade and Commerce met this day at 10:30 a.m., in room 2, Victoria Building, the chair, the Honourable Irving Gerstein, presiding.
Members of the committee present: The Honourable Senators Bellemare, Black, Campbell, Gerstein, Greene, Hervieux-Payette, P.C., Maltais, Massicotte, Ngo and Tkachuk (10).
In attendance: Adriane Yong and Brett Stuckey, Analysts, Parliamentary Information and Research Service, Library of Parliament; Mona Ishack, Communicatons Officer, Communications Directorate.
Also present: The official reporters of the Senate.
Pursuant to the order of reference adopted by the Senate on Wednesday, April 9, 2014, the committee began its examination of the subject-matter of those elements contained in Parts 2, 3 and 4 and Divisions 2, 3, 4, 8, 13, 14, 19, 22, 24 and 25 of Part 6 of Bill C-31, An Act to implement certain provisions of the budget tabled in Parliament on February 11, 2014 and other measures.
APPEARING:
The Honourable Joe Oliver, P.C., M.P., Minister of Finance.
WITNESSES:
Department of Finance Canada:
Brian Ernewein, General Director, Tax Policy Branch;
Toni Gravelle, General Director, Financial Sector Policy Branch;
Pierre Mercille, Senior Legislative Chief, GST Legislation;
Gervais Coulombe, Chief, Excise Policy, Sales Tax Division;
Dean Beyea, Director, International Trade Policy;
Patrick Halley, Chief, Trade and Tariff Policy;
Kevin Wright, Chief, Financial Markets Division;
David Smith, Senior Chief, Capital Markets Policy;
James Wu, Chief, Financial Institutions Analysis;
Michèle Legault, Senior Project Leader, Financial Institutions Division;
Michèle Govier, Chief, Trade Remedies and General Trade Relations.
Health Canada:
Suzy McDonald, Director General, Workplace Hazardous Materials Directorate;
Jason Wood, Director, Policy and Program Development, Workplace Hazardous Materials Directorate;
John Morales, Legal Counsel, Legal Services Unit.
Canada Revenue Agency:
Brian McCauley, Assistant Commissioner, Legislative Policy and Regulatory Affairs Branch.
Canada Border Services Agency:
Tammy Branch, General Director.
Foreign Affairs, Trade and Development Canada:
Colin Bird, Director, Softwood Lumber Divisions.
Bank of Canada:
Rob Turnbull, Special Counsel, Financial System.
Canada Deposit Insurance Corporation:
Mark Maltais, Director, Treasury and Investment Management.
The chair made an opening statement.
The Minister made a statement and, together with Mr. Ernewein and Mr. Gravelle, answered questions.
At 11:05 a.m., the committee suspended.
At 11:07 a.m., the committee resumed.
Mr. Mercille made a statement and answered questions.
Mr. Coulombe made a statement and, together with Mr. Mercille, answered questions.
At 12:09 p.m., the committee suspended.
At 12:23 p.m., the committee resumed.
Mr. Beyea made a statement and, together with Mr. Halley, answered questions.
Mr. Wright made a statement and, together with Mr. Turnbull and Mr. Maltais, answered questions.
Ms. McDonald made a statement and, together with Mr. Wood and Mr. Morales, answered questions.
Mr. McCauley made a statement and answered questions.
Ms. Branch made a statement and answered questions.
Mr. Smith made a statement and answered questions.
Mr. Wu made a statement and, together with Ms. Legault, answered questions.
Ms. Govier made a statement and, together with Mr. Bird, answered questions.
At 1:27 p.m., the committee adjourned to the call of the chair.
ATTEST:
Barbara Reynolds
Clerk of the Committee