Skip to main content

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.

For an advanced search, use Publication Search tool.

If you have any questions or comments regarding the accessibility of this publication, please contact us at accessible@parl.gc.ca.

Previous day publication Next day publication

Minutes of Proceedings

44th Parliament, 1st Session
Meeting 115
Thursday, November 9, 2023, 11:02 a.m. to 3:40 p.m.
Webcast
Presiding
Peter Fonseca, Chair (Liberal)

• Shafqat Ali for Patrick Weiler (Liberal)
• Garnett Genuis for Philip Lawrence (Conservative)
• Joël Lightbound for Patrick Weiler (Liberal)
• Hon. John McKay for Rachel Bendayan (Liberal)
• Ron McKinnon for Rachel Bendayan (Liberal)
• Greg McLean for Jasraj Singh Hallan (Conservative)
Library of Parliament
• Brett Capwell, Analyst
• Mehrab Kiarsi, Analyst
The committee proceeded to the consideration of matters related to committee business.

The committee resumed consideration of the motion of Rachel Bendayan moved on Monday, November 6, 2023 which read as follows:

That the Chair of the committee immediately report to the House, that the committee:

  1. Celebrates the Canada Pension Plan as the foundation of a secure and dignified retirement for tens of millions of Canadians and a pillar of Canada’s economy;
  2. Recognizes the important contribution of the Quebec Pension Plan which was established independently at the same time as the Canada Pension Plan; and,
  3. Stands with the majority of Albertans who are opposed to Premier Danielle Smith’s dangerous plan to withdraw from the Canada Pension Plan that threaten the pensions of millions of seniors and hardworking Canadians from coast to coast.

Debate arose thereon.

On motion of Daniel Blaikie, it was agreed, — That the committee resume debate after the opening statements of the witnesses and the first round of questions.

Association des professionnels de la construction et de l'habitation du Québec
• Isabelle Demers, Vice-President, Development, Public Affairs and Innovation Strategic
• Paul Cardinal, Director, Economic Department
Canadian Federation of Independent Business
• Jasmin Guénette, Vice-President, National Affairs
• Christina Santini, Director, National Affairs
Canadian Union of Public Employees
• Aditya Rao, Senior Officer, Human Rights
• Emily Niles, Senior Research Officer
Dream Unlimited Corp.
• Michael Cooper, Chief Responsible Officer
IceCap Asset Management Limited
• Keith Dicker, Chief Investment Officer
Kindred Works
• Tim Blair, Chief Executive Officer
Pursuant to Standing Order 108(2) and the motion adopted by the committee on Thursday, September 21, 2023, the committee resumed its study of policy decisions and market forces that have led to increases in the cost of buying or renting a home in Canada.

Isabelle Demers, Jasmin Guénette, Christina Santini, Emily Niles, Aditya Rao, Michael Cooper, Keith Dicker and Tim Blair made statements and answered questions.

Motion

Marty Morantz moved, — That the members be allowed to ask a second round of questions to the witnesses.

After debate, the question was put on the motion and it was negatived on the following recorded division:

YEAS: Adam Chambers, Jasraj Singh Hallan, Philip Lawrence, Marty Morantz, Gabriel Ste-Marie — 5;

NAYS: Shafqat Ali, Yvan Baker, Rachel Bendayan, Daniel Blaikie, Julie Dzerowicz, Joanne Thompson — 6.

At 12:39 p.m., the sitting was suspended.

At 12:42 p.m., the sitting resumed.

Questioning of the witnesses resumed.

The committee resumed consideration of the motion of Rachel Bendayan moved on Monday, November 6, 2023 which read as follows:

That the Chair of the committee immediately report to the House, that the committee:

  1. Celebrates the Canada Pension Plan as the foundation of a secure and dignified retirement for tens of millions of Canadians and a pillar of Canada’s economy;
  2. Recognizes the important contribution of the Quebec Pension Plan which was established independently at the same time as the Canada Pension Plan; and,
  3. Stands with the majority of Albertans who are opposed to Premier Danielle Smith’s dangerous plan to withdraw from the Canada Pension Plan that threaten the pensions of millions of seniors and hardworking Canadians from coast to coast.
Motion

Marty Morantz moved, — That the committee do now adjourn.

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

YEAS: Adam Chambers, Jasraj Singh Hallan, Philip Lawrence, Marty Morantz, Gabriel Ste-Marie — 5;

NAYS: Yvan Baker, Daniel Blaikie, Julie Dzerowicz, Joël Lightbound, John McKay, Joanne Thompson — 6.

The debate continued

At 1:18 p.m., the sitting was suspended.

At 1:26 p.m., the sitting resumed.

At 1:26 p.m., the sitting was suspended.

At 3:35 p.m., the sitting resumed.

At 3:40 p.m., the committee adjourned to the call of the Chair.



Alexandre Roger,
Alexandre (Sacha) Vassiliev
Clerks of the committee