Evidence of meeting #66 for Finance in the 39th Parliament, 1st Session. (The original version is on Parliament’s site, as are the minutes.) The winning word was banks.

A recording is available from Parliament.

On the agenda

MPs speaking

Also speaking

Terry Campbell  Vice-President, Policy, Canadian Bankers Association
Karen Michell  Vice-President, Banking Operations, Canadian Bankers Association
Serge Dupont  Assistant Deputy Minister, Financial Sector Policy Branch, Department of Finance
Linda Routledge  Director, Consumer Affairs, Canadian Bankers Association

12:30 p.m.

Vice-President, Policy, Canadian Bankers Association

Terry Campbell

Thank you, Mr. Chairman. I really appreciate that.

12:30 p.m.

Liberal

The Vice-Chair Liberal Massimo Pacetti

For members, we're back here on Monday from 3:30 to 6:30, and we're going to have all the witnesses. Apparently we're going to be able to get all the witnesses in, so there's going to be clause-by-clause on Tuesday. If you can get your amendments in pour lundi, we'd appreciate it.

Monsieur Dupont.

February 15th, 2007 / 12:30 p.m.

Assistant Deputy Minister, Financial Sector Policy Branch, Department of Finance

Serge Dupont

I'd like to add a final comment, if I may.

A number of good questions have been asked about electronic payments. They were questions asked by a number of members concerning the time that elapses between the moment payments are withdrawn from an account and when they are deposited to another account.

The minister expressed an interest this morning, and that's really something we'll want to take up with members of the Canadian Payments Association. We'll be telling them about committee members' concerns and asking them to look into this matter so that people at least understand what goes on and why it happens that way. In that way, we'll be able to have some certainty about the results.

12:30 p.m.

Liberal

The Vice-Chair Liberal Massimo Pacetti

There are some representatives of an agency who can also come and testify. They haven't appeared since I've been sitting on this committee. So a review of all these fees is a study that we could conduct. Perhaps that would help the departmental people in their analysis.

Mr. Thibault.

12:30 p.m.

Liberal

Robert Thibault Liberal West Nova, NS

I'd like to give notice of motion that the committee compel the Minister of Justice to take the actions necessary to include the act commonly known as identity theft in the Criminal Code and that this be reported to the House.

12:30 p.m.

Liberal

The Vice-Chair Liberal Massimo Pacetti

Is this an official notice of motion?

12:30 p.m.

Liberal

Robert Thibault Liberal West Nova, NS

This is an official notice of motion.

12:30 p.m.

Liberal

The Vice-Chair Liberal Massimo Pacetti

Thank you.

So you'll submit it to the clerk for translation, and then we'll dispose of it appropriately.

Mr. St-Cyr.

12:30 p.m.

Bloc

Thierry St-Cyr Bloc Jeanne-Le Ber, QC

This is good today: we have lunch and we finish a little early. Could we also have lunch when we sit from 11:00 a.m. to 1:00 p.m.? That would enable us to prepare for our other activities without there being an interruption.

12:30 p.m.

Liberal

The Vice-Chair Liberal Massimo Pacetti

Perhaps we could discuss that, but that's at the Chair's discretion.

On Monday, for example, we'll be sitting from 3:30 to 6:30 p.m. We'll see when we sit on Tuesday. However, if we sit for two hours, from 11:00 a.m. to 1:00 p.m., I don't know whether that's necessary. We can talk about that, but that's at the Chair's discretion. Sometimes it's not necessary, and the cost is borne by the committee, which has a budget for that.

12:30 p.m.

Bloc

Pierre Paquette Bloc Joliette, QC

Elizabeth could occasionally prepare a muffin or two for us.

12:30 p.m.

Some hon. members

Oh, oh!

12:30 p.m.

Liberal

The Vice-Chair Liberal Massimo Pacetti

We'll consider that suggestion.

Thank you.

The meeting is adjourned. Thank you.