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Results: 1 - 60 of 2788
View Peter Fonseca Profile
Lib. (ON)
I call this meeting to order.
Welcome to meeting number 56 of the House of Commons Standing Committee on Finance. Pursuant to Standing Order 108(2), the committee is meeting to discuss the Canada Pension Plan Investment Board.
Today's meeting is taking place in a hybrid format pursuant to the House order of November 25, 2021. Members are attending in person in the room and remotely using the Zoom application. As per the directive of the Board of Internal Economy on March 10, 2022, all those attending the meeting in person must wear a mask, except for members who are at their place during proceedings.
I'd like to make a few comments for the benefit of the witnesses and members.
Please wait until I recognize you by name before speaking. For those participating by video conference, click on the microphone icon to activate your mike, and please mute yourself when you are not speaking. There is interpretation for those on Zoom. You have the choice, at the bottom of your screen, of floor, English or French. For those in the room, you can use the earpiece and select the desired channel.
I remind everyone that all comments should be addressed through the chair. For members in the room, if you wish to speak, please raise your hand. For members on Zoom, please use the “raise hand” function. The clerk and I will manage the speaking order as well as we can, and we appreciate your patience and understanding in this regard.
I would now like to welcome our witnesses for the first hour. From the Canada Pension Plan Investment Board, we have president and chief executive officer John Graham. With Mr. Graham is senior managing director and global head of public affairs and communications, Michel Leduc. Welcome.
Mr. Graham, you now have the opportunity to give your opening remarks to the members.
View Peter Fonseca Profile
Lib. (ON)
Thank you, Mr. Graham and Mr. Leduc. Thank you for the work you do on behalf of Canadians' pensions. I know the members will have many questions for you.
We are going into our rounds of questions. In this first round, each party will have up to six minutes to ask questions.
We are starting with the Conservatives, and I have MP Chambers up for six minutes.
View Peter Fonseca Profile
Lib. (ON)
Thank you, MP Chambers and Mr. Graham.
Now we go to the Liberals. We have MP Baker for six minutes.
View Peter Fonseca Profile
Lib. (ON)
Thank you.
Thank you, MP Baker.
We are moving to the Bloc now, with MP Ste-Marie for six minutes.
View Peter Fonseca Profile
Lib. (ON)
Thank you, Mr. Ste-Marie.
We are now going to hear questions from the NDP and MP Blaikie for six minutes.
View Peter Fonseca Profile
Lib. (ON)
Thank you, MP Blaikie. That's the time.
View Peter Fonseca Profile
Lib. (ON)
Thank you.
We are moving to our second round, members. We have the Conservatives up first.
MP Lawrence, you have five minutes.
View Peter Fonseca Profile
Lib. (ON)
Thank you, MP Lawrence.
Now we'll hear from the Liberals.
We have MP Dzerowicz for five minutes.
View Peter Fonseca Profile
Lib. (ON)
Thank you, MP Dzerowicz.
Now, we go to the Bloc, and we have MP Ste-Marie for two and a half minutes, please.
View Peter Fonseca Profile
Lib. (ON)
Thank you, Mr. Ste-Marie.
Now we go to MP Blaikie, from the NDP, for two and a half minutes.
View Peter Fonseca Profile
Lib. (ON)
Thank you, MP Blaikie. That's the time.
We'll now hear from MP Stewart for the Conservatives for five minutes.
View Peter Fonseca Profile
Lib. (ON)
Thank you, MP Stewart.
We are going to our last questioner and this will conclude this second round but also our opportunity here with CPPIB.
We have MP Chatel for the Liberals for five minutes.
View Peter Fonseca Profile
Lib. (ON)
Madame Chatel, can you repeat your question?
View Peter Fonseca Profile
Lib. (ON)
Thank you, MP Chatel.
View Peter Fonseca Profile
Lib. (ON)
We've reached the time.
Now there is an opportunity to thank Mr. Graham and Mr. Leduc from the Canada Pension Plan Investment Board. We thank you on behalf of the 21 million Canadians who contribute to the pension plan and for the investments you put those contributions into.
As MP Ste-Marie mentioned, I want to thank the analysts. They do a great job for us with briefing notes, questions and so on, which helps us. I'd also like to thank the clerk, the entire finance committee and everybody here. We really thank you for coming before us.
I'm new to this role, but I understand you do this annually. I don't know if we always do it at the same time of year. The Clerk says more or less, so we look forward to seeing you in a year's time, when you'll update us on how the CPPIB is doing.
Thank you.
View Peter Fonseca Profile
Lib. (ON)
Members, we're going to suspend now. We're going to go in camera, so we'll give the remote members an opportunity to transition to the other Zoom.
Thank you.
[Proceedings continue in camera]
View Peter Fonseca Profile
Lib. (ON)
I call this meeting to order.
Welcome to meeting number 54 of the House of Commons Standing Committee on Finance.
Pursuant to the order of reference of May 10, 2022, the committee is meeting on Bill C-19, an act to implement certain provisions of the budget tabled in Parliament on April 7, 2022 and other measures.
Today's meeting is taking place in a hybrid format, pursuant to the House order of November 25, 2021. Members are attending in person in the room and remotely using the Zoom application. Per the directive of the Board of Internal Economy on March 10, 2022, all those attending the meeting in person must wear a mask except for members who are at their place during proceedings.
I'd like to make a few comments for the benefit of the witnesses and members.
Please wait until I recognize you by name before speaking. For those participating by video conference, click on the microphone icon to activate your mike, and please mute yourself when you are not speaking. For interpretation for those on Zoom, you have the choice at the bottom of your screen of floor, English or French. For those in the room, you can use the earpiece and select the desired channel.
This is a reminder that all comments should be addressed through the chair. For members in the room, if you wish to speak, please raise your hand. For members on Zoom, please use the “raise hand” function. The clerk and I will manage the speaking order as best we can, and we appreciate your patience and understanding in this regard.
Pursuant to the motion adopted in committee on Monday, May 9, the committee will continue today with the clause-by-clause consideration of Bill C-19. We have witnesses from various departments here with us who will be able to answer questions as we move through the clauses of the bill.
Members, just before we go to clause-by-clause on Bill C-19, the clerk distributed two budgets for our pre-budget consultation travel. Last evening you should have received them around 6:31 p.m. We are looking for approval of those, as the clerk has to bring them to the Liaison Committee.
I am looking for approval.
Some hon. members: Agreed.
The Chair: Thank you very much for that.
(On clause 377)
The Chair: We are now on clause 377. You should have just received a new NDP-5 amendment.
I will go to MP Blaikie.
View Peter Fonseca Profile
Lib. (ON)
Thank you, MP Blaikie.
I did see a number of hands. We have MP Beech, MP Ste-Marie, MP Albas.
View Peter Fonseca Profile
Lib. (ON)
Thank you, PS Beech.
We have MP Ste-Marie and then MP Albas.
View Peter Fonseca Profile
Lib. (ON)
Yes, we have MP Blaikie, please.
View Peter Fonseca Profile
Lib. (ON)
View Peter Fonseca Profile
Lib. (ON)
Thank you, MP Blaikie.
View Peter Fonseca Profile
Lib. (ON)
View Peter Fonseca Profile
Lib. (ON)
I thank all of you. Thank you, MP Blaikie.
I also want to thank the legislative clerk for helping get this done, prepared and ready.
Members, shall the new amendment NDP-5 carry?
View Peter Fonseca Profile
Lib. (ON)
Members, Bloc amendment BQ-14 has been withdrawn, and Bloc amendment BQ-15 is withdrawn.
(Clause 377 as amended agreed to on division)
The Chair: We now are at new clause 377.1, and we have NDP new amendment NDP-6.
Go ahead, MP Blaikie.
View Peter Fonseca Profile
Lib. (ON)
We have the new clause 377.1. For new clause 377.1, there is an amendment from the NDP. It's the new NDP-6, which is what we are voting on.
View Peter Fonseca Profile
Lib. (ON)
Members, there are no amendments submitted to clauses 378 to 455. Clauses 378 to 455 are all in part 5 of the bill.
Do we have unanimous consent to group them for the vote?
View Peter Fonseca Profile
Lib. (ON)
Thank you, Mr. Ste‑Marie.
The clarification from the legislative clerk is that the amendment is the clause itself, so it is all captured.
View Peter Fonseca Profile
Lib. (ON)
Thank you.
Go ahead, MP Blaikie.
View Peter Fonseca Profile
Lib. (ON)
View Peter Fonseca Profile
Lib. (ON)
Go ahead, MP Blaikie.
View Peter Fonseca Profile
Lib. (ON)
Thank you, MP Blaikie.
I have MP Beech and then MP Albas.
View Peter Fonseca Profile
Lib. (ON)
MP Beech, can you perhaps repeat what you're looking for from the officials?
View Peter Fonseca Profile
Lib. (ON)
Do we have an official with us?
View Peter Fonseca Profile
Lib. (ON)
Thank you, Ms. Chassé.
MP Beech, you now have the information.
Go ahead, MP Albas.
View Peter Fonseca Profile
Lib. (ON)
We'll suspend for two minutes.
View Peter Fonseca Profile
Lib. (ON)
We are back.
I see that MP Beech has his hand up.
Go ahead, MP Beech.
View Peter Fonseca Profile
Lib. (ON)
Okay.
Go ahead, MP Blaikie.
View Peter Fonseca Profile
Lib. (ON)
You are correct. It was circulated on Thursday, May 26, at 11:57 a.m.
Members, you may have missed that. Do you want to take another minute to take a look at that?
Yes, MP Albas.
View Peter Fonseca Profile
Lib. (ON)
I think members can just take a look at what they've received.
View Peter Fonseca Profile
Lib. (ON)
Thank you, MP Albas.
I see that MP Ste-Marie's hand is up.
Go ahead, MP Ste-Marie.
View Peter Fonseca Profile
Lib. (ON)
Members, that brings us to clause 382. I believe there are no amendments proposed for clauses 382 to 455. They are all in part 5 of the bill.
Do we have unanimous consent to bundle them for a vote?
View Peter Fonseca Profile
Lib. (ON)
I'm just getting clarification on that, MP Ste-Marie, from the legislative clerk.
Is it the appeals board you're asking about, MP Blaikie?
View Peter Fonseca Profile
Lib. (ON)
View Peter Fonseca Profile
Lib. (ON)
Let me rephrase what I just said.
It's not that there are no amendments. It's just that, before we reach the employment insurance appeals board section, we would be able to go from clause 382 to clause 453.
Members, I am looking for unanimous consent to be able to group those.
Some hon. members: Agreed.
The Chair: Okay, clauses 382 to 453 are grouped. Shall clauses 382 to 453 carry?
View Peter Fonseca Profile
Lib. (ON)
Do you want to debate all of them?
View Peter Fonseca Profile
Lib. (ON)
Yes, the EI is coming up after.
View Peter Fonseca Profile
Lib. (ON)
Thanks.
We can discuss this as a whole, but we will have to go clause by clause as there are amendments that we would have to address as we go through it.
MP Blaikie.
View Peter Fonseca Profile
Lib. (ON)
Thank you for that, MP Blaikie. Yes, that would be up to the members who have those amendments before us.
We do have hands up.
We have MP Ste-Marie, who does have a number of amendments in front of us.
Then we have MP Beech and MP Albas.
View Peter Fonseca Profile
Lib. (ON)
Thank you, MP Ste-Marie.
Just before I go to MP Beech, MP Ste-Marie, are you asking for the withdrawal of Bloc amendments BQ-16 to BQ-23? You would be okay with that. Is that correct?
View Peter Fonseca Profile
Lib. (ON)
Thank you.
Go ahead, PS Beech.
View Peter Fonseca Profile
Lib. (ON)
Thank you, PS Beech.
Now we have MP Albas.
View Peter Fonseca Profile
Lib. (ON)
Thank you, MP Albas.
Members, shall clauses 454 to 502 carry?
(Clauses 454 to 502 inclusive negatived)
The Chair: Shall the short title carry?
Some hon. members: Agreed.
An hon. member: On division.
The Chair: Shall schedule 1 carry?
Some hon. members: Agreed.
An hon. member: On division.
The Chair: Shall schedule 2 carry?
Some hon. members: Agreed.
An hon. member: On division.
The Chair: Shall schedule 3 carry?
Some hon. members: Agreed.
An hon. member: On division.
The Chair: Shall the title carry?
Some hon. members: Agreed.
An hon. member: On division.
The Chair: Shall the bill as amended carry?
Some hon. members: Agreed.
An hon. member: On division.
The Chair: Shall the chair report the bill as amended to the House?
Some hon. members: Agreed.
An hon. member: On division.
The Chair: Shall the committee order a reprint of the bill as amended for the use of the House at report stage?
Some hon. members: Agreed.
View Peter Fonseca Profile
Lib. (ON)
Thank you, MP Chambers.
You bring up a good point. Officials are aware, or should be aware, that they can reach out to the clerk electronically. They can send an email, etc., to the clerk. We receive that and distribute that, so that we are ahead of things, hopefully, when we do this again down the road.
Let me say, members, I thought it ran very smoothly for the most part. I want to thank the legislative clerk, the clerks, the interpreters and everybody here who really came together, especially all the members for all their interventions that got us to this point.
On that, I think we have a beautiful spring evening out there.
I declare the meeting adjourned.
View Peter Fonseca Profile
Lib. (ON)
I call the meeting to order. Welcome to meeting number 53 of the House of Commons Standing Committee on Finance.
Pursuant to the order of reference of May 10, 2022, the committee is meeting on Bill C-19, an act to implement certain provisions of the budget tabled in Parliament on April 7, 2022 and other measures.
Today's meeting is taking place in a hybrid format pursuant to the House order of November 25, 2021. Members are attending in person in the room and remotely using the Zoom application.
As per the directive of the Board of Internal Economy of March 10, 2022, all those attending the meeting in person must wear a mask, except for members who are at their place during proceedings.
I would like to make a few comments for the benefit of the witnesses and members. Please wait until I recognize you by name before speaking. For those participating by video conference, click on the microphone icon to activate your mike, and please mute yourself when you are not speaking. For interpretation, for those on Zoom, you have the choice at the bottom of your screen of floor, English or French audio. For those in the room, you can use the earpiece and select the desired channel.
I remind everyone that all comments should be addressed through the chair. For members in the room, if you wish to speak, please raise your hand. For members on Zoom, please use the “raise hand” function.
The clerk and I will manage the speaking order as well as we can, and we appreciate your patience and understanding in this regard.
Pursuant to the motion adopted in committee on Monday, May 9, the committee will continue today with the clause-by-clause consideration of Bill C-19. We have witnesses from various departments here with us, who will be able to answer questions as we move through the clauses of the bill.
Members, I see a couple of hands up. I see Mr. Albas and then Mr. Ste-Marie.
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