FINA Committee Meeting

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Minutes of Proceedings

Standing Committee on Finance (FINA)

42nd Parliament, 1st Session

Meeting No. 28

Thursday, June 9, 2016, 11:04 a.m. to 1:04 p.m.

Room 362, East Block

Presiding

Hon. Wayne Easter, Chair (Liberal)

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Members of the Committee present

Liberal

Conservative

NDP

Guy Caron

Acting Members present

• Ziad Aboultaif for Ron Liepert (Conservative)

• Dan Albas for Ron Liepert (Conservative)

• Ron McKinnon for Robert-Falcon Ouellette (Liberal)

In attendance

Library of Parliament

• Michaël Lambert-Racine, Analyst

Cost Estimate of Bill C-239, An Act to Amend the Income Tax Act (Charitable Gifts) and Cost Estimate of Bill C-241, An Act to Amend the Excise Act (School Authorities)

Witnesses

Library of Parliament

• Mostafa Askari, Assistant Parliamentary Budget Officer, Office of the Parliamentary Budget Officer

• Elizabeth Cahill, Financial Advisor-Analyst, Office of the Parliamentary Budget Officer

• Jean-Denis Fréchette, Parliamentary Budget Officer

• Jason Jacques, Director, Economic and Fiscal Analysis, Office of the Parliamentary Budget Officer

• Chris Matier, Senior Director, Economic and Fiscal Analysis and Forecasting, Office of the Parliamentary Budget Officer

• Tim Scholz, Economic Analyst

Pursuant to Standing Order 108(2), the Committee commenced its study of cost estimate of Bill C-239, An Act to Amend the Income Tax Act (Charitable Gifts) and cost estimate of Bill C-241, An Act to Amend the Excise Act (School Authorities)

Jean-Denis Fréchette made a statement, and with the other witnesses, answered questions.

Recent Reports by the Parliamentary Budget Officer

Pursuant to Standing Order 108(2) and the motion adopted by the Committee on Tuesday, May 31, 2016, the Committee commenced its study of recent reports by the Parliamentary Budget Officer.

Jean-Denis Fréchette made a statement, and with the other witnesses, answered questions.

At 11:56 a.m., Guy Caron took the Chair.

At 12:08 p.m., Wayne Easter took the Chair.

Committee Business

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

It was agreed, — That the Committee hear Alain Deneault and Michael C. Hamersley, on Tuesday, June 14, 2016, for one hour, on the study of the Canada Revenue Agency’s efforts to combat tax avoidance and evasion.

It was agreed, — That the Clerk and Committee staff prepare budgets for the study of the pre-budget consultations in advance of the 2017 budget, to be considered by the Committee at a future meeting.

At 1:04 p.m., the Committee adjourned to the call of the Chair.

Suzie Cadieux

Clerk of the Committee