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FINA 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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MINUTES OF PROCEEDINGS
 
Meeting No. 7
 
Friday, August 19, 2011
 

The Standing Committee on Finance met in a televised session at 9:00 a.m. this day, in Room 253-D, Centre Block, the Chair, James Rajotte, presiding.

 

Members of the Committee present: Mark Adler, Hon. Scott Brison, Alain Giguère, Shelly Glover, Hoang Mai, Wayne Marston, Cathy McLeod, Peggy Nash, James Rajotte and Dave Van Kesteren.

 

Acting Members present: Dean Del Mastro for Randy Hoback and Wai Young for Brian Jean.

 

Associate Members present: Cheryl Gallant.

 

Other Members present: Jack Harris.

 

In attendance: House of Commons: Mariane Beaudin, Procedural Clerk. Library of Parliament: Mark Mahabir, Analyst; Brett Stuckey, Analyst.

 

Appearing: Hon. Jim Flaherty, Minister of Finance.

 

Witnesses: Department of Finance: Benoît Robidoux, Assistant Deputy Minister, Economic and Fiscal Policy Branch; Doug Nevison, Director, Fiscal Policy Division, Economic and Fiscal Policy Branch. Bank of Canada: Mark Carney, Governor; Tiff Macklem, Senior Deputy Governor.

 
Pursuant to Standing Order 108(2) and the motion adopted by the Committee on August 15, 2011, the Committee commenced its study of the current debt crisis and economic turmoil in the United States and Europe, and its potential impact on Canada.
 

The Hon. Jim Flaherty made a statement and, with Benoît Robidoux, answered questions.

 

At 9:59 a.m., the sitting was suspended.

At 10:02 a.m., the sitting resumed.

 

Mark Carney made a statement and, with Tiff Macklem, answered questions.

 

At 11:03 a.m., the Committee adjourned to the call of the Chair.

 



David-Andrés Novoa
Committee Clerk

 
 
2011/08/19 2:21 p.m.