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FINA Committee Meeting

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Minutes of Proceedings

Standing Committee on Finance (FINA)
44th Parliament, 1st Session
Meeting 126
Thursday, February 8, 2024, 11:00 a.m. to 1:06 p.m.
Televised
Presiding
Peter Fonseca, Chair (Liberal)

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• John Aldag for Yvan Baker (Liberal)
• Laurel Collins for Daniel Blaikie (NDP)
• Anna Gainey for Rachel Bendayan (Liberal)
• Brenda Shanahan for Yvan Baker (Liberal)
Library of Parliament
• Brett Capwell, Analyst
• Michaël Lambert-Racine, Analyst
Statutory Review of the Proceeds of Crime and Terrorist Financing Act
Department of Finance
• Julien Brazeau, Associate Assistant Deputy Minister
• Charlene Davidson, Director, Financial Crimes Policy
• Erin Hunt, Director General, Financial Crimes and Security Division
Pursuant to Standing Order 108(2) of the Proceeds of Crime and Terrorist Financing Act, statutory review of the Act, the committee commenced the statutory review of the Act.

Julien Brazeau made a statement and, with Erin Hunt and Charlene Davidson, answered questions.

Jasraj Singh Hallan gave notice of the following motion:

Given that:

  1. Taxes on beer, wine and liquor will automatically increase on Monday, April 1, 2024;
  2. This year’s tax increase will be 4.7%—the amount equivalent to average inflation over the past year; and
  3. Canadians and businesses cannot afford another tax increase;

The committee report to the House that it calls on the government to cancel its Monday, April 1, 2024, tax increase on beer, wine and liquor.

Questioning of the witnesses resumed.

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

It was agreed, — That dissenting or supplementary opinions for the report of the study on pre-budget consultations in advance of the 2024 Budget be submitted to the clerk of the committee on Friday, February 16, 2024.

At 1:06 p.m., the committee adjourned to the call of the Chair.



Alexandre Roger
Clerk of the committee