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NFFN - Standing Committee

National Finance


THE STANDING SENATE COMMITTEE ON NATIONAL FINANCE

MINUTES OF PROCEEDINGS


OTTAWA, Tuesday, February 3, 2026
(28)

[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, MacAdam and Ross (9).

Other senators present: The Honourable Senator Pupatello (1).

Participating in the meeting: Michaël Lambert-Racine and André Léonard, Analysts, Library of Parliament.

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

WITNESSES:

Office of the Parliamentary Budget Officer:

Jason Jacques, Interim Parliamentary Budget Officer;

Mark Mahabir, Director General, Costing and Budgetary Analysis, and General Counsel;

Kristina Grinshpoon, Director, Fiscal Analysis;

Diarra Sourang, Director, Economic Analysis;

Jason Stanton, Advisor-Analyst.

Jason Jacques made a statement and, together with Diarra Sourang, Jason Stanton and Kristina Grinshpoon, answered questions.

At 10:07 a.m., the committee suspended.

At 10:16 a.m., the committee resumed in camera.

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.

Pursuant to rule 12-16(1)(d), the committee discussed a draft agenda (future business).

It was agreed that the committee allow the audio recording and/or transcription of the in camera portion of today’s meeting, that one copy be kept with the clerk of the committee for consultation by committee members or staff, and that the audio recording and/or transcript be destroyed by the clerk of the committee when authorized to do so by the Subcommittee on Agenda and Procedure, but no later than at the end of this parliamentary session.

At 10:59 a.m., the committee adjourned to the call of the chair.

ATTEST:

Sara Gajic

Clerk of the Committee

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