Proceedings of the Standing Senate Committee on
Banking, Trade and Commerce

Issue No. 3 - Minutes of Proceedings - March 10, 2016

OTTAWA, Thursday, March 10, 2016
(10)

[English]

The Standing Senate Committee on Banking, Trade and Commerce met this day at 10:32 a.m., in room 9, Victoria Building, the chair, the Honourable David Tkachuk, presiding.

Members of the committee present: The Honourable Senators Bellemare, Black, Enverga, Greene, Maltais, Ringuette, Smith (Saurel), Tannas and Tkachuk (9).

Other senators present: The Honourable Senators Day and Wallin (2).

In attendance: Brett Stuckey and June Dewetering, Analysts, Parliamentary Information and Research Services, Library of Parliament.

Also present: The official reporters of the Senate.

Pursuant to the order of reference adopted by the Senate on Tuesday, February 16, 2016, the committee continued its study on the issues pertaining to internal barriers to trade (For complete text of the order of reference, see proceedings of the committee, Issue No. 2.)

WITNESSES:

As an individual:

Dan Albas, Member of Parliament for Central Okanagan—Similkameen— Nicola;

Jack Mintz, President's Fellow, The School of Public Policy, University of Calgary (by video conference).

Mr. Albas and Mr. Mintz each made a statement and answered questions.

At 11:22 a.m., the committee suspended.

At 11:24 a.m., pursuant to rule 12-16(1)(d), the committee resumed in camera to consider a draft report.

Pursuant to the order of reference adopted by the Senate on Wednesday, January 27, 2016, the committee continued its study on the present state of the domestic and international financial system (For complete text of the order of reference, see proceedings of the committee, Issue No. 1.) (topic: The causes and effects of the recent decline in the Canadian dollar exchange rate)

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

After debate, it was agreed:

That the draft report, as modified, be adopted;

That the Subcommittee on Agenda and Procedure be authorized to approve the final version of the report with the changes as discussed today and with any necessary editorial, grammatical or translation changes required; and

That the chair be authorized to table the report in the Senate, at the earliest opportunity.

At 11:51 a.m., the committee adjourned to the call of the chair.

ATTEST:

Lynn Gordon

Clerk of the Committee