Evidence of meeting #13 for Industry, Science and Technology in the 40th Parliament, 2nd Session. (The original version is on Parliament’s site, as are the minutes.) The winning word was provincial.

A recording is available from Parliament.

On the agenda

MPs speaking

Also speaking

  • Marc Toupin  Procedural Clerk
  • Coleen Kirby  Manager, Policy Section, Corporations Canada, Department of Industry
  • Roger Charland  Senior Director, Corporate and Insolvency Law Policy and Internal Trade Directorate, Department of Industry
  • Wayne Lennon  Senior Project Leader, Corporate and Insolvency Law Policy and Internal Trade Directorate, Department of Industry

3:45 p.m.

Conservative

The Chair Michael Chong

We shall now begin our meeting.

I want to thank Mr. Lake, Madam Coady, and Monsieur Bouchard for proposing amendments to this bill. Thank you very much. I know how involved it is to come up with these amendments and have them translated, so I want to thank each of the three of you for doing this.

We are going to go clause by clause today on Bill C-4, and we're going to do it sequentially so that we're clear which clause we're working on. You have been given two sets of amendments. One set of amendments has been proposed by Liberal and Bloc Québécois members. It's the thinner set of papers you've been given. The second set you've been given is amendments proposed by the government, and it's the thicker set. The first half of that set is the amendments in English; the second half of the set is the amendments in French.

So without further ado, we'll begin with clause-by-clause consideration. We have joining us today three public servants from Industry Canada. We have Mr. Roger Charland, who is the senior director of corporate and insolvency law policy at the internal trade directorate. We have Mr. Wayne Lennon, the senior project leader, corporate and insolvency law policy at the internal trade directorate. We also have Madam Coleen Kirby, who is the manager of the policy section, Corporations Canada. They're here to assist us and to answer any questions you may have.

Perhaps you could introduce yourself. We have the legislative clerk with us today.

3:45 p.m.

Marc Toupin Procedural Clerk

My name is Marc Toupin. I'm the legislative clerk from the legislative services branch, and I'll be here to assist members during the clause-by-clause review of the bill.

3:45 p.m.

Conservative

The Chair Michael Chong

Thank you very much.

Pursuant to Standing Order 75, subsection 1, consideration of clause 1 is postponed.

I call consideration of clause 2, and the first amendment we have proposed on this clause is the Conservative amendment. Mr. Lake, would you care to speak to your first amendment?

(On clause 2—Definitions)

3:45 p.m.

Conservative

Mike Lake Edmonton—Mill Woods—Beaumont, AB

I think in the interests of time, rather than my trying to explain each of the things, what I'll do is just defer each of these changes to Coleen, if she could kind of give a quick explanation. Most of the things we're moving here come out of the testimony, so a lot of them are just minor tweaks from the Canadian Bar Association's testimony.

Coleen, could you speak to that first amendment?

3:45 p.m.

Conservative

The Chair Michael Chong

So Mr. Lake has moved the amendment. Madam Kirby, would you care to comment on the government's amendment?

3:45 p.m.

Coleen Kirby Manager, Policy Section, Corporations Canada, Department of Industry

I'm assuming it's the amendment to the definition of public accountant.

3:45 p.m.

Conservative

Mike Lake Edmonton—Mill Woods—Beaumont, AB

This is that clause 2 be amended by replacing lines 15 and 16 on page 3.

3:45 p.m.

Conservative

The Chair Michael Chong

Madam Kirby, we're following the amendments—

3:45 p.m.

Manager, Policy Section, Corporations Canada, Department of Industry

3:45 p.m.

Conservative

The Chair Michael Chong

—as proposed on the first page here. If you could follow along, that would be helpful.

3:45 p.m.

Manager, Policy Section, Corporations Canada, Department of Industry

Coleen Kirby

This has to do with the definition of public accountant. It is based on a comment from the Canadian Bar Association. The definition as it's currently drafted in the bill references the two main ways a public accountant is appointed, either when the corporation is first created or at each annual meeting.

The Canadian Bar Association pointed out there are three other ways a public accountant could be appointed. Two are associated with a vacancy in the position and the final is if it's a court-appointed public accountant. The amendment is simply expanding the definition so that all five references to where a public accountant could be appointed are referenced in the definition itself.

3:45 p.m.

Conservative

The Chair Michael Chong

Is there any further discussion on this amendment?

(Amendment agreed to) [See Minutes of Proceedings]

3:45 p.m.

Conservative

The Chair Michael Chong

The second amendment we're going to consider for clause 2 is actually two amendments. One is proposed by the Liberal Party on the first page of the smaller stack of amendments. The second amendment is proposed by the government, both amending line 21 in clause 2.

Pardon me, Madam Coady?

3:50 p.m.

Liberal

Siobhan Coady St. John's South—Mount Pearl, NL

I was asking Mike whether he was trying to do (a), (b), and (c) at the same time; ours took (a) and (b) separately.

3:50 p.m.

Conservative

Mike Lake Edmonton—Mill Woods—Beaumont, AB

Oh, is it separately?