THE STANDING SENATE COMMITTEE ON NATIONAL FINANCE

MINUTES OF PROCEEDINGS

OTTAWA, Tuesday, December 9, 2025
(25)

[English]

The Standing Senate Committee on National Finance met this day at 9 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 Cardozo, Carignan, P.C., Dalphond, Forest, Galvez, Gignac, Hébert, Kingston, MacAdam, Marshall and Ross (11).

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

Pursuant to the order of reference adopted by the Senate on Wednesday, November 26, 2025, the committee continued its consideration of the subject matter of all of Bill C-15, An Act to implement certain provisions of the budget tabled in Parliament on November 4, 2025.

WITNESSES:

Employment and Social Development Canada:

Olivia Doucette, Executive Director, Corporate Accounting.

Department of Finance Canada:

Michael Mosier, Senior Director, International Trade Policy Division;

Matthew Emde, Director General, Funds Management Division.

Housing, Infrastructure and Communities Canada:

Lindsay Boldt, Director General, Build Canada Homes Transition Team;

Jean-Sébastien Langelier, Executive Director, Build Canada Homes Transition Team.

Treasury Board of Canada Secretariat:

Brennen Young, Senior Director, Regulatory Policy and Cooperation Directorate, Regulatory Affairs;

Nadine Labrie, Acting Executive Director, Pension Policy and Programs, Office of the Chief Human Resources Officer.

Olivia Doucette, Lindsay Boldt, Michael Mosier and Matthew Emde each made a statement and, together with Brennen Young, Jean-Sébastien Langelier and Nadine Labrie, answered questions.

At 11 a.m., the Honourable Senator Marshall moved that the Standing Senate Committee on National Finance request the Parliamentary Budget Officer to examine the cost trajectory of the public service insurance plan and programs, and compare those costs with other jurisdictions.

The question being put on the motion, it was adopted.

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

ATTEST:

Sara Gajic

Clerk of the Committee