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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

44th Parliament, 1st Session
Meeting 72
Monday, May 8, 2023, 3:46 p.m. to 5:31 p.m.
In Camera
Joël Lightbound, Chair (Liberal)

Library of Parliament
• Sarah Lemelin-Bellerose, Analyst
Department of Industry
• Mark Schaan, Senior Assistant Deputy Minister, Strategy and Innovation Policy Sector
• Charles Vincent, Assistant Deputy Minister, Small Business and Marketplace Services
• James Burns, Senior Director, Investment Review Branch
• Jamieson McKay, Director General, Investment Review Branch
• Mehmet Karman, Senior Policy Analyst, Investment Review Branch
Pursuant to the order of reference of Monday, April 17, 2023, the committee resumed consideration of Bill C-34, An Act to amend the Investment Canada Act.

The witnesses made statements and answered questions.

At 5:07 p.m., the sitting was suspended.

At 5:12 p.m., the sitting resumed.

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

It was agreed, — That, pursuant to Standing Order 108(2), the committee undertake meetings to study the proposed takeover of HSBC’s Bank Canada by the Royal Bank of Canada (RBC), which is the largest proposed acquisition in the banking sector since RBC’s proposed takeover of the Bank of Montreal was rejected by regulators.

At 5:31 p.m., the committee adjourned to the call of the Chair.

Michael MacPherson
Clerk of the committee