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FINA Committee Meeting

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Minutes of Proceedings

Standing Committee on Finance (FINA)
43rd Parliament, 1st Session
Meeting 37
Tuesday, June 16, 2020, 3:02 p.m. to 7:05 p.m.
Webcast
Presiding
Hon. Wayne Easter, Chair (Liberal)

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• Sébastien Lemire (Bloc Québécois)
• Elizabeth May (Green Party)
House of Commons
• Christine Lafrance, Procedural Clerk
 
Library of Parliament
• Brett Capwell, Analyst
• Michaël Lambert-Racine, Analyst
Government’s Response to the COVID-19 Pandemic
Bank of Canada
• Tiff Macklem, Governor
• Carolyn A. Wilkins, Senior Deputy Governor
Pursuant to the orders of reference of Tuesday, March 24, Saturday, April 11, and Tuesday, May 26, 2020, the committee resumed its study of the Government’s Response to the COVID-19 Pandemic.

Tiff Macklem made a statement and, with Carolyn A. Wilkins, answered questions.

At 4:53 p.m., the sitting was suspended.

At 5:04 p.m., the sitting resumed.

Main Estimates 2020-21: Votes 1 and 5 under Canada Revenue Agency, Votes 1 and 5 under Department of Finance, Vote 1 under Financial Transactions and Reports Analysis Centre of Canada and Vote 1 under Office of the Superintendent of Financial Institutions
Department of Finance
• Darlene Bess, Chief Financial Officer
• Suzy McDonald, Associate Assistant Deputy Minister, Federal-Provincial Relations and Social Policy Branch
• Bradley Recker, Director General, Economic and Fiscal Policy Branch
• Evelyn Dancey, Associate Assistant Deputy Minister, Economic Development and Corporate Finance Branch
• Leah Anderson, Assistant Deputy Minister, Financial Sector Policy Branch
• Nicole Giles, Director General, International Finance and Development Division, International Trade and Finance Branch
• Andrew Marsland, Senior Assistant Deputy Minister, Tax Policy Branch
Office of the Superintendent of Financial Institutions
• Marc Desautels, Chief Financial Officer
• Melvin Green, Acting Deputy Chief Financial Officer
• Judy Cameron, Senior Director, Regulatory Affairs and Strategic Policy
Financial Transactions and Reports Analysis Centre of Canada
• Christopher Veilleux, Manager, Finance and Administration
• Bruce Wallace, Manager, Strategic Policy and Reviews
Canada Revenue Agency
• Janique Caron, Chief Financial Officer and Assistant Commissioner, Finance and Administration Branch
• Frank Vermaeten, Assistant Commissioner, Assessment, Benefit and Service Branch
• Ted Gallivan, Assistant Commissioner, Compliance Programs Branch
• Geoff Trueman, Assistant Commissioner, Legislative Policy and Regulatory Affairs Branch
Pursuant to Standing Order 81(4), and the motion adopted by the committee on Tuesday, June 9, 2020, the committee commenced consideration of the Main Estimates 2020-21: Votes 1 and 5 under Canada Revenue Agency, Votes 1 and 5 under Department of Finance, Vote 1 under Financial Transactions and Reports Analysis Centre of Canada and Vote 1 under Office of the Superintendent of Financial Institutions, referred to the committee on Thursday, February 27, 2020.

Darlene Bess made a statement and, with Bradley Recker, Evelyn Dancey, Bruce Wallace, Leah Anderson, Judy Cameron, Andrew Marsland, Marc Desautels and Christopher Veilleux, answered questions.

At 6:02 p.m., the sitting was suspended.

At 6:06 p.m., the sitting resumed.

Janique Caron made a statement and, with Geoff Trueman, Ted Gallivan and Frank Vermaeten, answered questions.

At 7:05 p.m., the committee adjourned to the call of the Chair.



David Gagnon
Clerk of the Committee