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FINA Committee Meeting

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Minutes of Proceedings

Standing Committee on Finance (FINA)
42nd Parliament, 1st Session
Meeting 203
Monday, April 29, 2019, 3:31 p.m. to 6:36 p.m.
Televised
Presiding
Hon. Wayne Easter, Chair (Liberal)

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Library of Parliament
• Brett Capwell, Analyst
Election of Vice-Chairs
Pursuant to Standing Order 106(2), the Clerk of the Committee proceeded to the election of a Vice-Chair.

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

Subject Matter of Bill C-97, An Act to implement certain provisions of the budget tabled in Parliament on March 19, 2019, and other measures
Department of Finance
• Carlos Achadinha, Senior Director, Sales Tax Division, Tax Policy Branch
• Phil King, Director General, Sales Tax Division, Tax Policy Branch
• Blaine Langdon, Director, Charities, Personal Income Tax Division, Tax Policy Branch
• Maude Lavoie, Director General, Business Income Tax Division, Tax Policy Branch
• Pierre Leblanc, Director General, Personal Income Tax Division, Tax Policy Branch
• Trevor McGowan, Director General, Tax Legislation Division, Tax Policy Branch
• Mark Maxson, Acting Director, Personal IncomeTax Division, Tax Policy Branch
Pursuant to Standing Order 108(2), the Committee commenced consideration of the subject matter of Bill C-97, An Act to implement certain provisions of the budget tabled in Parliament on March 19, 2019, and other measures.

Trevor McGowan made a statement and, with Maude Lavoie, Pierre Leblanc, Blaine Langdon and Mark Maxson, answered questions.

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

Motion

Tom Kmiec moved, — That, pursuant to Standing Order 108(2), the Committee undertake a study of Canada's 2017 decision to join the Asian Infrastructure Investment Bank (AIIB) and report to the House on: (a) how joining the AIIB has impacted Canada's representation at the Breton-Woods international financial institutions, particularly the International Monetary Fund and the World Bank; (b) how joining the AIIB aligns with Canada's domestic and foreign economic and development goals; and that, pursuant to Standing Order 109, the Committee request that the Government table a comprehensive response to the report within 120 days.

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

YEAS: Pierre-Luc Dusseault, Tom Kmiec, Pierre Poilievre — 3;

NAYS: Greg Fergus, Peter Fragiskatos, Michael V. McLeod, Deborah Schulte, Francesco Sorbara — 5.

Subject Matter of Bill C-97, An Act to implement certain provisions of the budget tabled in Parliament on March 19, 2019, and other measures
Department of Finance
• Carlos Achadinha, Senior Director, Sales Tax Division, Tax Policy Branch
• Phil King, Director General, Sales Tax Division, Tax Policy Branch
• Blaine Langdon, Director, Charities, Personal Income Tax Division, Tax Policy Branch
• Maude Lavoie, Director General, Business Income Tax Division, Tax Policy Branch
• Pierre Leblanc, Director General, Personal Income Tax Division, Tax Policy Branch
• Trevor McGowan, Director General, Tax Legislation Division, Tax Policy Branch
• Mark Maxson, Acting Director, Personal IncomeTax Division, Tax Policy Branch
Pursuant to Standing Order 108(2), the Committee resumed consideration of the subject matter of Bill C-97, An Act to implement certain provisions of the budget tabled in Parliament on March 19, 2019, and other measures.

Phil King made a statement.

Carlos Achadinha made a statement.

At 6:36 p.m., the Committee adjourned to the call of the Chair.



David Gagnon
Clerk of the Committee