Proceedings of the Standing Senate Committee on
Banking, Trade and Commerce

First Session, Forty-first Parliament, 2011

Chair: The Honourable MICHAEL A. MEIGHEN

Wednesday, December 14, 2011
Thursday, December 15, 2011

Issue No. 8

Third and fourth (final) meetings on:

Bill S-5, An Act to amend the law governing financial institutions and to provide for related and consequential matters

INCLUDING:
THE SECOND REPORT OF THE COMMITTEE
(Bill S-5)

• Minutes of Proceedings - December 14, 2011
• Minutes of Proceedings - December 15, 2011
• Second Report
• Transcript (Evidence) of Proceedings - December 14, 2011 (61K)
• Transcript (Evidence) of Proceedings - December 15, 2011 (22K)

WITNESSES

Wednesday, December 14, 2011

Canadian Bankers Association:

Terry Campbell, President;

Marina Mandal, Senior Legal Counsel.

Canadian Payments Association:

Guy Legault, President and CEO;

Penny-Lynn McPherson, Vice-President, General Counsel and Corporate Secretary.

Thursday, December 15, 2011

Department of Finance Canada:

Jeremy Rudin, Assistant Deputy Minister, Financial Sector Policy Branch;

Jane Pearse, Director, Financial Institutions Division;

Eleanor Ryan, Senior Chief, Financial Institutions Division;

Leah Anderson, Director, Financial Sector Division;

Joseph de Pencier, Senior Counsel, General Legal Services.

MEMBERS OF THE COMMITTEE

The Honourable Michael A. Meighen, Chair

The Honourable Céline Hervieux-Payette, P.C., Deputy Chair

and

The Honourable Senators:

*Cowan (or Tardif), Gerstein, Greene, Harb, *LeBreton, P.C. (or Carignan), Massicotte, Moore, Oliver, Ringuette, Smith (Saurel), Stewart Olsen, Tkachuk

*Ex officio members

(Quorum 4)

Changes in membership of the committee:

Pursuant to rule 85(4), membership of the committee was amended as follows:

The Honourable Senator Hervieux-Payette, P.C., replaced the Honourable Senator Harb (December 15, 2011).

The Honourable Senator Losier-Cool replaced the Honourable Senator Ringuette (December 14, 2011).

The Honourable Senator Campbell replaced the Honourable Senator Hervieux-Payette, P.C. (December 13, 2011).