THE STANDING SENATE COMMITTEE ON BANKING, TRADE AND COMMERCE

MINUTES OF PROCEEDINGS

OTTAWA, Wednesday, March 2, 2022
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[English]

Pursuant to the order of the Senate of November 25, 2021, the Standing Senate Committee on Banking, Trade and Commerce met this day in room W110, 1 Wellington St., and with videoconference at 6:29 p.m. ET, the chair, the Honourable Pamela Wallin, presiding.

Members of the committee present: The Honourable Senator Wallin (1).

Members of the committee present by videoconference: The Honourable Senators Bellemare, Deacon (Nova Scotia), Gignac, Loffreda, Marshall, Massicotte, Ringuette, Smith, Woo and Yussuff (10).

Participating in the meeting: Mireille K. Aubé, Procedural Clerk and Debbie Larocque, Administrative Assistant, Committees Directorate; Andrew Barton and Adriane Yong, analysts, Library of Parliament; Ben Silverman, Communications Officer, Communications Directorate.

Pursuant to the order of reference adopted by the Senate on Thursday, December 16, 2021, the committee continued its study on matters relating to banking, trade and commerce generally, as described in rule 12-7(8).

WITNESSES (by videoconference):

As an individual:

Stephen S. Poloz, Special Advisor, Osler, Hoskin and Harcourt LLP, and former governor, Bank of Canada.

Office of the Superintendent of Financial Institutions Canada:

Peter Routledge, Superintendent.

Stephen S. Poloz made a statement and answered questions.

Peter Routledge made a statement and answered questions.

At 8:25 p.m., the committee suspended.

At 8:26 p.m., pursuant to rule12-16(1)(d), the committee resumed in camera to discuss a draft agenda (future business).

At 8:31 p.m., the committee adjourned to the call of the chair.

Attest:

Kalina Waltos

Clerk of the Committee