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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Minutes of Proceedings
Kenneth Porter, Stephen Susalka, by videoconference from Winston-Salem, North Carolina, and James Hinton, by videoconference from Kitchener, Ontario, made statements and answered questions.
At 10:18 a.m., the sitting was suspended.
At 10:20 a.m., the sitting resumed.
The Committee resumed consideration of the motion moved by Ben Lobb on Tuesday, April 11, 2017, which read as follows:
That the Committee consider undertaking a review of the recent acquisition of Retirement Concepts by Anbang Insurance and be satisfied that the acquisition met the Investment Canada Act threshold.
Brian Masse moved, — That the motion be amended by deleting the words “the recent acquisition of Retirement Concepts by Anbang Insurance and be satisfied that the acquisition met”; that the motion be amended by deleting the word “threshold”; that the motion be amended by adding after the word “Act” the following: “including a departmental briefing and a reply from the Minister of Innovation, Science and Economic Development”.
Debate arose thereon.
At 10:47 a.m., the Committee adjourned to the call of the Chair.