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FINA Committee Meeting

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Minutes of Proceedings

Standing Committee on Finance (FINA)
44th Parliament, 1st Session
Meeting 122
Thursday, December 7, 2023, 11:02 a.m. to 1:14 p.m.
Webcast
Presiding
Peter Fonseca, Chair (Liberal)

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• Mike Morrice (Green Party)
Library of Parliament
• Mehrab Kiarsi, Analyst
• Michaël Lambert-Racine, Analyst
Policy Decisions and Market Forces that have led to Increases in the Cost of Buying or Renting a Home in Canada
• Hon. Chrystia Freeland, P.C., M.P., Deputy Prime Minister and Minister of Finance
Department of Finance
• Chris Forbes, Deputy Minister
• Grahame Johnson, Assistant Deputy Minister, Financial Sector Policy Branch
• Alison McDermott, Assistant Deputy Minister, Federal-Provincial Relations and Social Policy Branch
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.

The Minister made a statement and, with Chris Forbes, answered questions.

At 12:09 p.m., the sitting was suspended.

At 12:14 p.m., the sitting resumed.

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

It was agreed, — That the Financial Consumer Agency of Canada be reinvited to appear regarding the committee’s study of policy decisions and market forces that have led to Increases in the cost of buying or renting a home in Canada.

Policy Decisions and Market Forces that have led to Increases in the Cost of Buying or Renting a Home in Canada
• Hon. Chrystia Freeland, P.C., M.P., Deputy Prime Minister and Minister of Finance
Department of Finance
• Chris Forbes, Deputy Minister
• Grahame Johnson, Assistant Deputy Minister, Financial Sector Policy Branch
• Alison McDermott, Assistant Deputy Minister, Federal-Provincial Relations and Social Policy Branch
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.

Chris Forbes, Grahame Johnson and Alison McDermott answered questions.

At 1:14 p.m., the committee adjourned to the call of the Chair.



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