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INDU Committee Meeting

Notices of Meeting include information about the subject matter to be examined by the committee and date, time and place of the meeting, as well as a list of any witnesses scheduled to appear. The Evidence is the edited and revised transcript of what is said before a committee. The Minutes of Proceedings are the official record of the business conducted by the committee at a sitting.

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Meeting No. 18
Tuesday, May 26, 2009

The Standing Committee on Industry, Science and Technology met jointly with the Standing Committee on Finance in a televised session at 3:30 p.m. this day, in Room 237-C, Centre Block, Hon. Michael D.Chong, Chair of the Standing Committee on Industry, Science and Technology and James Rajotte, Chair of the Standing Committee on Finance, presiding.


Members of the Committee present: Robert Bouchard, Gordon Brown, Hon. Michael D. Chong, Siobhan Coady, Mike Lake, Anthony Rota, Dave Van Kesteren, Robert Vincent, Mike Wallace and Chris Warkentin.


Acting Members present: Martha Hall Findlay for Marc Garneau and Glenn Thibeault for Brian Masse.


Members of the Standing Committee on Finance present: Hon. Maxime Bernier, Robert Carrier, Bob Dechert, Jean-Yves Laforest, Hon. John McCallum, Hon. John McKay, Massimo Pacetti and James Rajotte.


Acting Members present: Hon. Dan McTeague for Massimo Pacetti.


In attendance: Library of Parliament: Philippe Bergevin, Analyst; Mark Mahabir, Analyst.


Witnesses: UseMyBank Services: Brian Crozier, Co-founder, Global Business Development; Joseph Iuso, Chief Executive Officer and Co-founder. Moneris Solutions: Jim Baumgartner, President and Chief Executive Officer; Fern Glowinsky, Senior Vice-President, General Counsel and Corporate Secretary. TD Merchant Services: Jeff van Duynhoven, President.

Pursuant to Standing Order 108(2) and the motion adopted by the Committee on Thursday, March 5, 2009, the Committee resumed its study of credit card interchange fees and the debit payment system in Canada.

The witnesses made statements and answered questions.


At 5:16 p.m., the sitting was suspended.

At 5;18 p.m., the sitting resumed in camera.

The Committee proceeded to the consideration of matters related to Committee business.

It was agreed, — That the Committee meet jointly with the Standing Committee on Finance on June 2, 9 and 16, 2009, from 9:00 a.m. to 11:00 a.m.


At 5:29 p.m., the Committee adjourned to the call of the Chair.


Michelle Tittley
Clerk of the Committee

2009/10/13 11:27 a.m.