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FINA 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

42nd Parliament, 1st Session
Meeting No. 150
Thursday, May 3, 2018, 4:16 p.m. to 6:18 p.m.
Televised
Presiding
Hon. Wayne Easter, Chair (Liberal)

Liberal

Library of Parliament
• Andrew Barton, Analyst
• Brett Capstick, Analyst
The Committee proceeded to the consideration of matters related to Committee business.

The Chair presented the Eleventh Report from the Subcommittee on Agenda and Procedure. The Report read as follows:

Your Subcommittee met on Monday, April 30, 2018, to consider the business of the Committee and agreed to make the following recommendations:

  1. That, in relation to the statutory review of the Proceeds of Crime (Money Laundering) and Terrorist Financing Act, the Committee dedicate additional meetings based on the updated remaining lists of witnesses; and that, for one meeting, officials from the Financial Transactions and Reports Analysis Centre of Canada be asked to appear right after the consideration of the Order in Council appointment of Nada Semaan.
  2. That, notwithstanding the motion adopted by the Committee on Wednesday, March 28, 2018, concerning the deadline for the lists of witnesses for Bill C-74, An Act to implement certain provisions of the budget tabled in Parliament on February 27, 2018, and other measures, members of the Committee be allowed to provide up to five additional names by Tuesday, May 1, 2018.
  3. That, in relation to the Committee’s pre-budget consultations in advance of the 2019 Budget, the Chair submit to the Subcommittee on Committee Budgets of the Liaison Committee preliminary submissions of travel to Canada (Toronto, Oshawa, Québec City, Saint John, Charlottetown, Winnipeg, Edmonton, Victoria, Whitehorse) and the United States of America (San Francisco Bay Area and Silicon Valley, California, Houston, Texas).

On motion of Greg Fergus, it was agreed, — That the Report of the Subcommittee be concurred in.

On motion of Pierre-Luc Dusseault, it was agreed, — That a proposed budget in the amount of $39,800 for the study of Bill C-74, An Act to implement certain provisions of the budget tabled in Parliament on February 27, 2018, and other measures, be adopted.

• Hon. Diane Lebouthillier, P.C., M.P., Minister of National Revenue
• Hon. Bill Morneau, P.C., M.P., Minister of Finance
Canada Revenue Agency
• Kami Ramcharan, Chief Financial Officer and Assistant Commissioner, Finance and Administration Branch
• Ted Gallivan, Assistant Commissioner, International, Large Business and Investigations Branch
• Geoff Trueman, Assistant Commissioner, Legislative Policy and Regulatory Affairs Branch
• Frank Vermaeten, Assistant Commissioner, Assessment, Benefit, and Service Branch
Department of Finance
• Paul Rochon, Deputy Minister
Pursuant to Standing Order 81(4), the Committee commenced consideration of the Main Estimates 2018-19: Votes 1 and 5 under Canada Revenue Agency, Votes 1 and 5 under Department of Finance, Vote 1 under Financial Transactions and Reports Analysis Centre of Canada and Vote 1 under Office of the Superintendent of Financial Institutions, referred to the Committee on Monday, April 16, 2018.

The Chair called Vote 1 under Canada Revenue Agency.

Minister Lebouthillier and Kami Ramcharan made statements and, with Frank Vermaeten, Ted Gallivan and Geoff Trueman, answered questions.

At 5:18 p.m., the sitting was suspended.

At 5:20 p.m., the sitting resumed.

The Chair called Vote 1 under Department of Finance.

Minister Morneau made a statement and, with Paul Rochon, answered questions.

• Hon. Bill Morneau, P.C., M.P., Minister of Finance
Department of Finance
• Paul Rochon, Deputy Minister
Pursuant to the Order of Reference of Monday, April 23, 2018, the Committee resumed consideration of Bill C-74, An Act to implement certain provisions of the budget tabled in Parliament on February 27, 2018, and other measures.

Minister Morneau made a statement and, with Paul Rochon, answered questions.

At 6:18 p.m., the Committee adjourned to the call of the Chair.



David Gagnon
Clerk of the Committee