FINA Committee Meeting

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Minutes of Proceedings

Standing Committee on Finance (FINA)

44th Parliament, 1st Session

Meeting 158

Thursday, October 10, 2024, 3:32 p.m. to 5:33 p.m.

Room 025-B, West Block

Televised

Presiding

Peter Fonseca, Chair (Liberal)

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Members of the Committee present

Liberal

Conservative

Bloc Québécois

Gabriel Ste-Marie

NDP

Don Davies

Acting Members present

• Élisabeth Brière for Julie Dzerowicz (Liberal)

In attendance

Library of Parliament

• Michaël Lambert-Racine, Analyst

• Joëlle Malo, Analyst

Pre-Budget Consultations in Advance of the 2025 Budget

Witnesses

Canadian Credit Union Association

• Michael Hatch, Vice-President, Government Relations

Canadian Federation of Nurses Unions

• Linda Silas, President

Canadian Teachers' Federation

• Heidi Yetman, President

Convenience Industry Council of Canada

• Anne Kothawala, President and Chief Executive Officer

Native Child and Family Services of Toronto

• Melissa Hamonic, Interim Director, Governance and Strategy

Unifor

• Daniel Cloutier, Quebec Director

• Simon Lavigne, National Representative, Research Department

Pursuant to Standing Order 83.1, and the motion adopted by the committee on Thursday, September 26, 2024, the committee resumed its pre-budget consultations in advance of the 2025 Budget.

Michael Hatch, Linda Silas, Heidi Yetman, Anne Kothawala, Melissa Hamonic and Daniel Cloutier made statements and, with Simon Lavigne, answered questions.

Committee Business

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

Gabriel Ste-Marie gave notice of the following motion:

That the committee request that the Canada Mortgage and Housing Corporation (CMHC):

Provide answers to the questions asked during Meeting 102, on Thursday, September 28, 2023, regarding the update for the study on the policy decisions and market forces that have led to increases in the cost of buying or renting a home in Canada with new population growth scenarios, with the data broken down for Quebec, the provinces and the territories; and
Table the information referred to in (a) with the committee within 10 working days after this motion is adopted; and

That, if the documents are not tabled by the deadline, Coleen Volk, President and Chief Executive Officer, Bob Dugan, Chief Economist, Aled Ab Iorwerth, Deputy Chief Economist, and Chris Woodcock, Director, Client Development and Government Relations, be called to appear before the committee to explain why they have been unable to provide this information for more than a year.