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ENVI 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

44th Parliament, 1st Session
Meeting 114
Thursday, June 13, 2024, 3:31 p.m. to 5:34 p.m.
Francis Scarpaleggia, Chair (Liberal)

Library of Parliament
• Alison Clegg, Analyst
• Poonam Jusrut, Analyst
Canadian Imperial Bank of Commerce
• Victor Dodig, President and Chief Executive Officer
BMO Financial Group
• Darryl White, Chief Executive Officer
Royal Bank of Canada
• David McKay, President and Chief Executive Officer
• Scott Thomson, President and Chief Executive Officer
TD Bank Group
• Bharat Masrani, Group President and Chief Executive Officer
Pursuant to Standing Order 108(2) and the motion adopted by the committee on Tuesday, October 31, 2023, the committee resumed its study of the environment and climate impacts related to the Canadian financial system.

Darryl White, Victor Dodig, David McKay, Scott Thomson and Bharat Masrani made statements and answered questions.

Dan Mazier gave notice of the following motion:

Given that,

  • The Liberal Government released its internal economic data on the carbon tax, revealing it costs Canadians $30.5 billion and over $1800 for every household in Canada;
  • This is in addition to the increased costs the carbon tax puts on gas, groceries and home heating;
  • The Liberal Government tried to cover-up this information from Canadians; and
  • The Parliamentary Budget Officer revealed that the Liberal Government had this data they placed him under a gag order, and attempted to disparage his reputation.

The committee report to the House that the Environment Minister must resign immediately.

At 4:29 p.m., the meeting was suspended.

At 4:30 p.m., the meeting resumed.

Questioning of the witnesses resumed.

At 5:34 p.m., the committee adjourned to the call of the Chair.

Natalie Jeanneault
Clerk of the committee