Evidence of meeting #53 for Finance in the 41st Parliament, 1st Session. (The original version is on Parliament’s site, as are the minutes.) The winning word was economy.

A recording is available from Parliament.

On the agenda

MPs speaking

Also speaking

Mark Carney  Governor of the Bank of Canada
Tiff Macklem  Senior Deputy Governor, Bank of Canada

5:15 p.m.

Conservative

Shelly Glover Conservative Saint Boniface, MB

I want to take a moment to thank Mr. Mai for his work as our vice-chair. He did an excellent job, and it was much appreciated by this side. It will be sad to see you leave.

Ms. Nash is back, and we have just as good a working relationship with her, so we're prepared to vote in favour of that motion.

5:20 p.m.

Conservative

The Chair Conservative James Rajotte

I think we echo all those comments on Monsieur Mai and thank him for his work.

All those in favour of Ms. Nash for first vice-chair?

(Motion agreed to)

It's unanimous.

Ms. Nash, congratulations on your election.

5:20 p.m.

NDP

Peggy Nash NDP Parkdale—High Park, ON

Thank you for that ringing endorsement.

5:20 p.m.

Conservative

The Chair Conservative James Rajotte

Mr. Brison, you're still okay being second vice-chair?

5:20 p.m.

Liberal

Scott Brison Liberal Kings—Hants, NS

Yes, no problem at all.

5:20 p.m.

Conservative

The Chair Conservative James Rajotte

The second and final item is dealing with our proposed travel to Washington and New York. If this passes, I will take it to the Liaison Committee, obviously dealing with pre-budget consultations. I'll just read the motion in English. It states:

That in relation to the study of pre-budget consultations 2012, the proposed budget in the amount of $45,556.50, for the Committee's travel to Washington and New York be adopted and that the Chair present the said budget to the Subcommittee on Committee Budgets of the Liaison Committee.

Is there any discussion?

Ms. Nash.

5:20 p.m.

NDP

Peggy Nash NDP Parkdale—High Park, ON

Yes. I know there has obviously been some discussion on this. I just want to raise the issue of witnesses or meetings in Washington and New York. I understand there have been a number of things proposed already. I haven't seen this document with some potential meetings, but we have some names that we would like to propose. We can get them in fairly quickly. I just want to raise that because I don't know if this is locked in and final and everything is booked. There are some folks we would like to meet with when we are there.

5:20 p.m.

Conservative

The Chair Conservative James Rajotte

I think I can speak to who is scheduled right now. In terms of Washington, we have the IMF. We are looking for congressional visits in the afternoon. We do have one visit scheduled with Representative Barney Frank, specifically talking about Dodd-Frank, obviously. We have a meeting at the U.S. Treasury. We have a lunch with at least one member of the House Committee on Financial Services, Republican Congressman Huizenga. In terms of New York, confirmed we have Mr. Paul Volcker, which frankly is an outstanding meeting for us to get. Also, we have Mr. William Dudley, president of the Federal Reserve Bank of New York. Those are two excellent meetings already.

I encourage members if they have suggestions to get them in today, because we are filling this agenda up. It's been out for some time in terms of who we are proposing. The embassy in Washington and the consulate in New York are working very hard to fill the agenda with what has been agreed on in the past. If you have any suggestions—Mr. Brison had another one today—we need those in today in order to pass them on to the embassy and the consulate. It looks to be a very fruitful two-day visit, frankly.

5:20 p.m.

Conservative

Mark Adler Conservative York Centre, ON

What are the dates of that?

5:20 p.m.

Conservative

The Chair Conservative James Rajotte

The dates are May 10 and 11.

What we are looking at logistically is we would travel down on Wednesday. The embassy is having a reception on Wednesday night, which we would be invited to if we are able to get down on Wednesday night. Then on Thursday we would have all-day meetings in Washington. Just to save some time, we would actually take the train from Washington to New York on Thursday night. We would eat on the train. Then, Friday would be our day in New York.

5:20 p.m.

NDP

Wayne Marston NDP Hamilton East—Stoney Creek, ON

Returning on....

5:20 p.m.

Conservative

The Chair Conservative James Rajotte

We would return home on Friday night. If members want to stay there, it's their own cost if they wish to stay in New York. That would be the plan, to return home Friday night.

Mr. Jean.

5:20 p.m.

Conservative

Brian Jean Conservative Fort McMurray—Athabasca, AB

Did the proposed dates go out to our offices?

5:20 p.m.

Conservative

The Chair Conservative James Rajotte

We have sent this information out multiple times.

5:20 p.m.

Conservative

Brian Jean Conservative Fort McMurray—Athabasca, AB

I'm just asking.

5:20 p.m.

Conservative

The Chair Conservative James Rajotte

Okay. All in favour of the motion?

5:20 p.m.

Some hon. members

Agreed.

5:20 p.m.

Conservative

The Chair Conservative James Rajotte

Thank you all. We will see you on Thursday.

The meeting is adjourned.