Finance Committee on Nov. 3rd, 2009

Evidence of meeting #62 for Finance in the 40th Parliament, 2nd session. (The original version is on Parliament’s site, as are the minutes.) The winning word was c-51.

A recording is available from Parliament.

On the agenda

Bill C-51, An Act to implement certain provisions of the budget tabled in Parliament on January 27, 2009 and to implement other measures

MPs speaking

Jean-Yves Laforest

Massimo Pacetti

Also speaking

Gary Friend President, Canadian Home Builders' Association

Michael Rowe Vice-President of Finance and Chief Financial Officer, Home Depot Canada

Ken Georgetti President, Canadian Labour Congress

Alexa Conradi President, Fédération des femmes du Québec

John Butler Senior Vice-President, General Counsel and Corporate Secretary, Canada Pension Plan Investment Board

Jean-Claude Grondin President, FADOQ Mouvement des Aînés du Québec

Ian Dale Senior Vice-President, Communications and Stakeholder Relations, Canada Pension Plan Investment Board

Liberal

Massimo Pacetti Liberal Saint-Léonard—Saint-Michel, QC

Thank you.

Conservative

The Chair Conservative James Rajotte

Thank you, Mr. Pacetti.

I want to thank all the witnesses for being with us here today. I want to thank you for your comments on Bill C-51.

I will reiterate what Mr. Mulcair said on pensions. Obviously both the government and Parliament are continuing their work on that. We certainly hope you will continue your dialogue with us on that issue.

Colleagues, we will suspend for a few minutes and then we will go right to clause-by-clause.

Thank you.

Conservative

The Chair Conservative James Rajotte

Thank you, colleagues.

We will go now to clause-by-clause consideration of Bill C-51.

Just for the committee's information, pursuant to Standing Order 75(1), consideration of clause 1 is postponed until the end, so we will go to clause 2.

I do have a suggestion. I understand there may be some discussion on the CPP. CPP clauses start at clause 25, so I'm going to ask: shall clauses 2 to 24 carry?

Liberal

Massimo Pacetti Liberal Saint-Léonard—Saint-Michel, QC

On division.

Conservative

The Chair Conservative James Rajotte

On division.

(Clauses 2 to 24 inclusive agreed to on division)

Conservative

The Chair Conservative James Rajotte

And then we have the amendments to the Canada Pension Plan, which are clauses 25 to 43.

Shall clauses 25 to 43 carry?

Liberal

Massimo Pacetti Liberal Saint-Léonard—Saint-Michel, QC

On division.

(Clauses 25 to 43 inclusive agreed to on division)

Conservative

The Chair Conservative James Rajotte

And clauses on the CPPIB, clauses 44 to 46, shall they carry?

Liberal

Massimo Pacetti Liberal Saint-Léonard—Saint-Michel, QC

On division.

(Clauses 44 to 46 inclusive agreed to on division)

Conservative

The Chair Conservative James Rajotte

That's very agreeable.

Now for the rest, we don't have any amendments on the bill.

Shall clauses 47 to 67 carry?

Liberal

Massimo Pacetti Liberal Saint-Léonard—Saint-Michel, QC

On division.

(Clauses 47 to 67 inclusive agreed to on division)

Conservative

The Chair Conservative James Rajotte

Shall the schedule carry?

Some hon. members

Agreed.

Liberal

Massimo Pacetti Liberal Saint-Léonard—Saint-Michel, QC

On division.

Conservative

The Chair Conservative James Rajotte

On division.

Shall the short title carry?

Some hon. members

Agreed.

Liberal

Massimo Pacetti Liberal Saint-Léonard—Saint-Michel, QC

On division.

Conservative

The Chair Conservative James Rajotte

Shall the title carry?

Some hon. members

Agreed.

Liberal

Massimo Pacetti Liberal Saint-Léonard—Saint-Michel, QC

On division.

Conservative

The Chair Conservative James Rajotte

Shall the bill carry?

Some hon. members

Agreed.

Liberal

Massimo Pacetti Liberal Saint-Léonard—Saint-Michel, QC

On division.

Conservative

The Chair Conservative James Rajotte

Shall the chair report the bill to the House?

An hon. member

ASAP.