THE STANDING SENATE COMMITTEE ON NATIONAL FINANCE

MINUTES OF PROCEEDINGS

OTTAWA, Tuesday, October 7, 2025
(10)

[English]

The Standing Senate Committee on National Finance met this day at 9:02 a.m., in room W110, 1 Wellington St., the chair, the Honourable Claude Carignan, P.C., presiding.

Members of the committee present: The Honourable Senators Carignan, P.C., Forest, Galvez, Gignac, Hébert, Kingston, Loffreda, MacAdam, Miville-Dechêne and Ross (10).

Participating in the meeting: Michaël Lambert-Racine and Sylvain Fleury, analysts, Library of Parliament.

Pursuant to the order of reference adopted by the Senate on Tuesday, September 23, 2025, the committee continued its study of matters relating to federal estimates generally and other financial matters.

WITNESSES:

Canadian Chamber of Commerce:

Matthew Holmes, Executive Vice-President, International and Chief of Public Policy;

Andrew DiCapua, Principal Economist.

Canadian Federation of Independent Business:

Jasmin Guénette, Vice-President, National Affairs;

Christina Santini, Director, National Affairs.

Business Council of Canada:

Theo Argitis, Senior Vice-President, Policy (by videoconference).

C.D. Howe Institute:

William Robson, President and Chief Executive Officer (by videoconference).

Centre for Future Work:

Jim Stanford, Economist and Director (by videoconference).

As an individual:

Armine Yalnizyan, Economist and Atkinson Fellow on the Future of Workers.

Matthew Holmes, Andrew DiCapua, Jasmin Guénette, Christina Santini and Theo Argitis each made a statement and answered questions.

At 10:05 a.m., the committee suspended.

At 10:09 a.m., the committee resumed.

William Robson, Jim Stanford and Armine Yalnizyan each made a statement and answered questions.

At 11:02 a.m., the committee adjourned to the call of the chair.

ATTEST:

Sara Gajic

Clerk of the Committee