I call the meeting to order.
Welcome to meeting number 22 of the House of Commons Special Committee on the Canada–People’s Republic of China Relationship. Pursuant to the order of reference of May 16, 2022, the committee is meeting on its study of Canada-People's Republic of China relations, with a focus on investment funds.
I'd like to offer a few comments for the benefit of the witnesses and members.
Today's meeting is taking place in a hybrid format, pursuant to the House order of June 23, 2022. Members are attending in person in the room and remotely using the Zoom application.
Please wait until I recognize you by name before speaking. For those participating by video conference, click on the microphone icon to activate your mike. Please mute your mike when you're not speaking.
There is interpretation. For those on Zoom, you have the choice at the bottom of your screen of either floor, English or French audio. For those in the room, you can use the earpiece and select the desired channel. I'm sure that those on Zoom are pretty much housebroken in terms of what we need to do here. We need to click the little planet at the bottom of the screen.
Although this room is equipped with a really excellent audio system, feedback events can occur. We need to avoid them. These can be extremely harmful to interpreters and cause serious injuries. The most common cause of sound feedback is an earpiece worn too close to a microphone. We therefore ask all participants to exercise a high degree of caution when handling the earpieces, especially when your microphone or your neighbour's microphone is turned on. In order to prevent injuries and incidents, and to safeguard the hearing health of the interpreters, I invite participants to ensure that they speak into the microphone into which their headset is plugged. Avoid manipulating the earbuds, placing them on the table, away from the microphone, when they are not in use.
All comments should be addressed through the chair. For members in the room, if you wish to speak, please raise your hand. For members on Zoom, please use the “raise hand” function. The clerk and I will manage the speaking order as best we can. We appreciate your patience and understanding in this regard.
In accordance with the committee's routine motion concerning connection tests for witnesses, I am informing the committee that all witnesses have completed the required connection tests in advance of the meeting.
We have quite a number of folks sitting in. MP Garnett Genuis is substituting for MP Raquel Dancho. The shoes are killing him.
Mr. Maninder Sidhu is substituting for MP Rob Oliphant.
Mr. Francesco Sorbara, when he gets here, will be substituting for MP Emmanuel Dubourg.
Mr. Alexis Brunelle-Duceppe is substituting for MP Denis Trudel.
We also have Mr. James Bezan substituting, probably for Michael Chong, for a wee bit.
There's also Mr. Fast, of course, with his lawn sign there. Mr. Fast is in here for Mr. Seeback.
Before we welcome our witnesses for the first panel, I know that I've probably seriously jeopardized my chance for a Christmas card from you guys for having this meeting tonight, but we needed to finish the panels for our study on the investments. In order to do that, we have two more panels to hear from. With that, our analysts can then set about drafting the report. That's why we are here.
With respect to that report, I'll let everybody know that you will be able to submit instructions to the analysts by email. I would ask for them later this week—let's say by Friday noon. Friday noon gives you lots of time to come up with any instructions that you might wish to pass along.
With that, I'd like to welcome our witnesses for the first panel. From the Department of Finance, we have James Wu, director general, funds management division, by video conference; and Kathleen Wrye, director, pensions policy, financial crimes and security division.
From the Department of Foreign Affairs, Trade and Development, we have David Hutchison, director general, trade portfolio strategy and coordination; and Jodi Robinson, acting director general, Northeast Asia.
Each department will have up to five minutes to deliver some opening remarks.
We will start with the Department of Finance.