No, you're engaging in debate.
Evidence of meeting #6 for Finance in the 39th Parliament, 1st Session. (The original version is on Parliament’s site, as are the minutes.) The winning word was competition.
Evidence of meeting #6 for Finance in the 39th Parliament, 1st Session. (The original version is on Parliament’s site, as are the minutes.) The winning word was competition.
5:55 p.m.
NDP
Judy Wasylycia-Leis NDP Winnipeg North, MB
I'm not engaging in debate. I think it's important for this committee to note—
5:55 p.m.
NDP
Judy Wasylycia-Leis NDP Winnipeg North, MB
The point of order is that it was a good number of the presenters who actually tried to sell this issue on the basis that they would then play a role in opening up credit to a whole lot of groups who now do not have credit or may be poor credit risks. It was not committee members who raised that point; it was the witnesses who made that point. And that is what has provoked some of the concerns that committee members are raising now.
So let's just be clear in terms of who's mixing apples and oranges.
5:55 p.m.
Conservative
The Chair Conservative Brian Pallister
Thank you, Madam.
You may have a point. That's not a point of order.
Now, with respect to the suggestions, I've endeavoured to listen to each of the arguments, and I ascertain that some would like to proceed with the vote now, and some not, and that others would like to see further research done, conditional on its satisfying their desires once they see it.
That being said, I'd like to ascertain the degree of support for the idea of deferring the vote until next Monday, as Madam Wasylycia-Leis had suggested initially. Do I need a motion from the committee for that, or can we just proceed to a show of hands?
Because we have vote 10 before us on the agenda, I'll just ask for a show of hands on that. Which committee members would like to see us defer the vote until Monday?
5:55 p.m.
Conservative
6 p.m.
NDP
Judy Wasylycia-Leis NDP Winnipeg North, MB
I threw out Monday only because we're booked Tuesday and Wednesday, and we could start discussing a new issue like this one on Monday. We can start it. I didn't suggest we hold the vote over until Monday; I said we can begin the discussion on Monday.
6 p.m.
Conservative
The Chair Conservative Brian Pallister
All right. Just for clarification then, not seeing strong support for that suggestion, I'll suggest this. If there are committee members who wish to defer the vote, then the remedy is relatively simple--you simply vote against the resolution that is before us now.
So I'll call for the vote--
6 p.m.
NDP
Judy Wasylycia-Leis NDP Winnipeg North, MB
Could we not have a vote on putting the question on vote 10, as simple as that?
6 p.m.
Conservative
6 p.m.
NDP
Judy Wasylycia-Leis NDP Winnipeg North, MB
No, because you could have some who would like to hold it over and still support it, and some who would like to hold it over and might oppose it. I think it's a two-stage process that makes sense.
Could I move that we actually put the question?
6 p.m.
Conservative
The Chair Conservative Brian Pallister
Moving that the question be deferred or put is out of order, because the motion is before the committee now. You simply vote for it, if you wish to support it; against it, if you wish to defer or to oppose, either way.
So I'll call for the vote.
FINANCE Department Vote 10--Pursuant to Section 29 of the Financial Administration Act, to authorize the Minister on behalf of Her Majesty in Right of Canada to guarantee payment to the holders of mortgages insured by private insurers approved by the Superintendent of Financial Institutions to sell mortgage insurance in Canada of not more than 90% of the net claims of the holders of the insured mortgages in the event of the insolvency or liquidation of the private insurer, subject to the limitation that the aggregate outstanding principal amount of all mortgages covered by the guarantee shall not exceed $100,000,000,000 at any time; and to repeal Vote 16b, Appropriation Act No. 4, 2003–2004
6 p.m.
Conservative
The Chair Conservative Brian Pallister
We'll have a recorded vote, if you wish, certainly.
(Vote 10 agreed to) [See Minutes of Proceedings]
6 p.m.
Conservative
The Chair Conservative Brian Pallister
Shall the chair report the main estimates 2006-07 to the House?
6 p.m.
Conservative
6 p.m.
Conservative
Diane Ablonczy Conservative Calgary Nose Hill, AB
I'm reluctant to say anything, and I didn't want to say anything before the vote, because I didn't want this to be construed as an inducement for any kind of vote. But I do think that the committee is master of its own destiny. If we want to make further study about issues relating to this particular matter, I invite the committee to do that. I have no difficulty in saying that the officials would be very happy to appear and to assist us in any way possible.
I don't think this matter is off the table in any particular way; we're simply passing these estimates. But this matter will continue to be something the committee is seized of.
6 p.m.
Conservative
The Chair Conservative Brian Pallister
Thank you, Madam Ablonczy.
Moving on, then, to the witness list, which has been circulated, this is not, I should point out, a witness list; it is a list of suggested or possible witnesses. I would invite input from committee members--as we have asked in the past--for other witnesses you would like to bring forward.
I would make the point that you come forward if you have any other witnesses that you would like to have invited.
Mr. Turner, you had referenced that some of the people who had given testimony today were not on this list. You are more than welcome to suggest they come here, if you wish.
So please, any committee members who wanted to add to this list, I'd invite them to do so.
Mr. Savage, sir.
6 p.m.
Liberal
Michael Savage Liberal Dartmouth—Cole Harbour, NS
Can we, then, make those recommendations now for Wednesday?
6 p.m.
Conservative
The Chair Conservative Brian Pallister
I'd encourage you to go through the clerk's office as you wish, yes, and of course as soon as possible, so that, given the nature of the time, we can give the witnesses time.
Monsieur St-Cyr.
6 p.m.
Bloc
Thierry St-Cyr Bloc Jeanne-Le Ber, QC
You talked about additions, but is it possible to withdraw the name of those who have already appeared before us today? The idea would be to make room for other individuals who could put forward new viewpoints, rather than meeting again with those who already appeared today. There are five such people.
