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Minutes of Proceedings

42nd Parliament, 1st Session
Meeting No. 73
Wednesday, February 22, 2017, 3:35 p.m. to 5:54 p.m.
Presiding
Hon. Wayne Easter, Chair (Liberal)

House of Commons
• Jean-Denis Kusion, Procedural Clerk
• Justin Vaive, Legislative Clerk
 
Library of Parliament
• Dylan Gowans, Analyst
• Florian Richard, Analyst
Pursuant to Standing Order 106(2), the Clerk of the Committee proceeded to the election of a Vice-Chair.

On motion of Francesco Sorbara, it was agreed, — That Pierre-Luc Dusseault be elected Second Vice-Chair of the Committee.

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

The Chair presented the Fifth Report from the Subcommittee on Agenda and Procedure. The Report was concurred in and read as follows:

Your Subcommittee met on Thursday, February 16, 2017, to consider the business of the Committee and agreed to make the following recommendations:

1. That the Committee invite the Minister of Finance and the Minister of National Revenue to appear on either Monday, March 6, 2017, Wednesday, March 8, 2017 or another date before Tuesday, March 21, 2017, according to their availability, on the study of the Supplementary Estimates (C) 2016-17.

2. That the Committee commence consideration of a draft report on the study of the Canadian Real Estate Market and Home Ownership as soon as possible, possibly during the week of Monday, April 3, 2017 to Friday, April 7, 2017.

3. That the Committee invite the Parliamentary Budget Officer to appear on the study of Economic and Fiscal Outlook in April 2017.

House of Commons
• Bryan May, M.P., Cambridge
Department of Finance
• Pierre LeBlanc, Director, Personal Income Tax Division, Tax Policy Branch
• Trevor McGowan, Senior Legislative Chief, Legislative Review, Tax Legislation Division, Tax Policy Branch
• Jenna Robbins, Chief, Employment and Education Section, Personal Income Tax Division, Tax Policy Branch
Pursuant to the Order of Reference of Wednesday, October 26, 2016, the Committee commenced consideration of Bill C-240, An Act to amend the Income Tax Act (tax credit — first aid).

Bryan May, M.P., Cambridge, made a statement and answered questions.

At 4:30 p.m., the sitting was suspended.

At 4:33 p.m., the sitting resumed.

Pierre LeBlanc made a statement and, with Trevor McGowan and Jenna Robbins, answered questions.

Motion

Francesco Sorbara moved, — Whereas the Committee is generally supportive of the intent of Bill C-240 and feels that efforts to encourage individuals to complete first aid courses should be commended, there are questions that arise about:

• which Canadians would receive the benefit of the measures, as the tax credit is non-refundable and this can only be claimed if you have income;

• the cost to federal, provincial and territorial governments to administer the proposed changes to the Income Tax Act;

• the extent to which federal, provincial and territorial tax revenues would be affected by the proposed measure;

• the extent to which this type of measure should be designed only following extensive consultation with tax experts, first aid providers as well as federal, provincial, territorial and municipal governments;

• whether these measures would realize the proposed aim of increasing first aid training participation when 67% of Canadians have already taken a first aid course (Red Cross, Ipsos Reid, 2012);

• the fact that existing policies mandate knowledge of first aid in the workforce, and all provinces and territories have legislated workplace requirements for employee training in first aid;

Therefore, in light of the above noted details of the proposal in Bill C-240, be it resolved that this Committee, pursuant to Standing Order 97.1, recommends that the House of Commons do not proceed further with Bill C-240, An Act to amend the Income Tax Act (tax credit-first aid); and

That the Chair present this report to the House.

After debate, the question was put on the motion and it was agreed to on the following recorded division:

YEAS: Raj Grewal, Jennifer O'Connell, Robert-Falcon Ouellette, Francesco Sorbara, Nick Whalen — 5;

NAYS: Dan Albas, Gérard Deltell, Pierre-Luc Dusseault, Ron Liepert — 4.

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

Motion

Dan Albas moved, — That on March 20, 2017 the Standing Committee on Finance study the Department of Finance report “Update of Long-Term Economic and Fiscal Projections” and report its findings back to the House of Commons.

The question was put on the motion and it was negatived on the following recorded division:

YEAS: Dan Albas, Gérard Deltell, Pierre-Luc Dusseault, Ron Liepert — 4;

NAYS: Greg Fergus, Raj Grewal, Jennifer O'Connell, Robert-Falcon Ouellette, Francesco Sorbara — 5.

Motion

Dan Albas moved, — That on March 22, 2017 the Standing Committee on Finance conduct a hearing to study the potential impacts of proposed changes by the Canadian Securities Administrators to Best Interest Standard, Banning Embedded Compensation and Targeted Reforms on Financial Advisors, including on consumers, and report its findings back to the House of Commons.

The question was put on the motion and it was negatived on the following recorded division:

YEAS: Dan Albas, Gérard Deltell, Pierre-Luc Dusseault, Ron Liepert — 4;

NAYS: Greg Fergus, Raj Grewal, Jennifer O'Connell, Robert-Falcon Ouellette, Francesco Sorbara — 5.

At 5:34 p.m., the sitting was suspended.

At 5:34 p.m., the sitting resumed in camera.

Pursuant to Standing Order 108(2) and the motion adopted by the Committee on Tuesday, June 14, 2016, the Committee resumed its study of the Canadian Real Estate Market and Home Ownership.

The Committee proceeded to give drafting instructions to the analysts for a report.

At 5:54 p.m., the Committee adjourned to the call of the Chair.



Suzie Cadieux
Clerk of the Committee