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FINA Committee Meeting

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Minutes of Proceedings

Standing Committee on Finance (FINA)
42nd Parliament, 1st Session
Meeting No. 139
Monday, March 26, 2018, 4:17 p.m. to 7:21 p.m.
Televised
Presiding
Hon. Wayne Easter, Chair (Liberal)

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Liberal

Conservative

• Pierre-Luc Dusseault for Peter Julian (NDP)
• Pat Kelly for Tom Kmiec (Conservative)
• Hon. Lisa Raitt (Conservative)
Library of Parliament
• Andrew Barton, Analyst
• Brett Capstick, Analyst
Subject Matter of Interim Estimates 2018-19: Votes 1 and 5 under Canada Revenue Agency, Votes 1 and 5 under Department of Finance, Vote 1 under Financial Transactions and Reports Analysis Centre of Canada and Vote 1 under Office of the Superintendent of Financial Institutions
• Hon. Bill Morneau, P.C., M.P., Minister of Finance
Department of Finance
• Paul Rochon, Deputy Minister
• Richard Botham, Assistant Deputy Minister, Economic Development and Corporate Finance Branch
• Nicholas Leswick, Assistant Deputy Minister, Economic and Fiscal Policy Branch
• Rick Stewart, Assistant Deputy Minister, International Trade and Finance Branch
• Adelle Laniel, Chief Financial Officer, Financial Management Directorate, Corporate Services Branch
• Roger Charland, Director General, Social Policy, Federal-Provincial Relations and Social Policy Branch
• Nicolas Moreau, Director General, Funds Management Division, Financial Sector Policy Branch
Canada Revenue Agency
• Kami Ramcharan, Chief Financial Officer and Assistant Commissioner, Finance and Administration Branch
• Ted Gallivan, Assistant Commissioner, International, Large Business and Investigations Branch
• Frank Vermaeten, Assistant Commissioner, Assessment, Benefit, and Service Branch
Pursuant to Standing Order 108(2), the Committee commenced its study of the subject matter of the Interim Estimates 2018-19: Votes 1 and 5 under Canada Revenue Agency.

Kami Ramcharan made a statement and, with Frank Vermaeten and Ted Gallivan, answered questions.

At 4:30, by unanimous consent and pursuant to Standing Order 115(5), it was agreed that the Committee continue to sit.

At 4:54 p.m., the sitting was suspended.

At 5:20 p.m., the sitting resumed.

Briefing on Budget 2018
• Hon. Bill Morneau, Minister of Finance
Department of Finance
• Paul Rochon, Deputy Minister
Pursuant to Standing Order 108(2), the Committee proceeded to a briefing on Budget 2018.

The Minister made a statement and answered questions.

Subject Matter of Interim Estimates 2018-19: Votes 1 and 5 under Canada Revenue Agency, Votes 1 and 5 under Department of Finance, Vote 1 under Financial Transactions and Reports Analysis Centre of Canada and Vote 1 under Office of the Superintendent of Financial Institutions
• Hon. Bill Morneau, P.C., M.P., Minister of Finance
Department of Finance
• Paul Rochon, Deputy Minister
• Richard Botham, Assistant Deputy Minister, Economic Development and Corporate Finance Branch
• Nicholas Leswick, Assistant Deputy Minister, Economic and Fiscal Policy Branch
• Rick Stewart, Assistant Deputy Minister, International Trade and Finance Branch
• Adelle Laniel, Chief Financial Officer, Financial Management Directorate, Corporate Services Branch
• Roger Charland, Director General, Social Policy, Federal-Provincial Relations and Social Policy Branch
• Nicolas Moreau, Director General, Funds Management Division, Financial Sector Policy Branch
Canada Revenue Agency
• Kami Ramcharan, Chief Financial Officer and Assistant Commissioner, Finance and Administration Branch
• Ted Gallivan, Assistant Commissioner, International, Large Business and Investigations Branch
• Frank Vermaeten, Assistant Commissioner, Assessment, Benefit, and Service Branch
Pursuant to Standing Order 108(2), the Committee commenced its study of the subject matter of the Interim Estimates 2018-19: Votes 1 and 5 under Department of Finance, Vote 1 under Financial Transactions and Reports Analysis Centre of Canada and Vote 1 under Office of the Superintendent of Financial Institutions.

The Minister made a statement and answered questions.

At 6:22 p.m., the sitting was suspended.

At 6:29 p.m., the sitting resumed.

Questioning of the witnesses resumed.

Adelle Laniel, Nicholas Leswick, Nicolas Moreau, Roger Charland and Richard Botham answered questions.

At 7:21 p.m., the Committee adjourned to the call of the Chair.



David Gagnon
Clerk of the Committee