Finance Committee on Nov. 16th, 2016

Evidence of meeting #57 for Finance in the 42nd Parliament, 1st Session. (The original version is on Parliament’s site, as are the minutes.) The winning word was workers.

A recording is available from Parliament.

On the agenda

Subject Matter of Bill C-26, An Act to amend the Canada Pension Plan, the Canada Pension Plan Investment Board Act and the Income Tax Act

MPs speaking

Wayne Easter
Raj Grewal
Ron Liepert
Robert-Falcon Ouellette
Gérard Deltell
Scott Duvall

Also speaking

James Hicks  National Coordinator, Council of Canadians with Disabilities
Yves-Thomas Dorval  President and Chief Executive Officer, Quebec Employers' Council
Tammy Schirle  Associate Professor, Department of Economics, Wilfrid Laurier University, As an Individual
Herb John  President, National Pensioners Federation
Susan Eng  Counsel, National Pensioners Federation
Aaron Wudrick  Federal Director, Canadian Taxpayers Federation
Philip Cross  Senior Fellow, Macdonald-Laurier Institute

November 16th, 2016 / 5:45 p.m.

Associate Professor, Department of Economics, Wilfrid Laurier University, As an Individual

Dr. Tammy Schirle

I'll just emphasize the point that when we're looking at the current set-up of the CPP and many of the statistics to describe what gaps there are, we're talking about the baby boomers, who have a very different history, a very different history with child drop-out provisions in particular, than when we're looking forward to our next generation, which, as Mr. Cross pointed out, faces a great deal of uncertainty and low private pension coverage. I think the context for developing that policy has to shift with the policy.

5:45 p.m.

Liberal

The Chair Liberal Wayne Easter

Thank you to one and all for your presentations. I do apologize for the confusion.

There is food at the back of the room, because we had ordered supper, so if witnesses and members want to indulge in that food, you're welcome to it. Don't let it go to waste.

For members, at tomorrow's meeting we will have departmental officials on Bill C-29, as you know. We will hear from departmental officials on each part of the bill, for each division in part 4, so members should prepare questions along the lines of each part of Bill C-29. It will be broken into parts.

Officials to begin with will provide a brief overview of each part, and the committee will then proceed with questions on that part of the bill before moving to the next part. I want people to know this so that they are prepared.

You will also receive the Library of Parliament briefing note tomorrow morning on Bill C-29.

Yes, Mr. Duval.

5:45 p.m.

NDP

Scott Duvall NDP Hamilton Mountain, ON

I have just one question. If any amendments come forward, is there a timeline that they have to be in by?

5:50 p.m.

Liberal

The Chair Liberal Wayne Easter

For Bill C-29 it is next Thursday. Bill C-26 is Monday.

5:50 p.m.

NDP

Scott Duvall NDP Hamilton Mountain, ON

Monday?

5:50 p.m.

Liberal

The Chair Liberal Wayne Easter

Yes. Bill C-26 is Monday, and Bill C-29 is next Thursday, for amendments.

5:50 p.m.

NDP

Scott Duvall NDP Hamilton Mountain, ON

Thank you very much.

5:50 p.m.

Liberal

The Chair Liberal Wayne Easter

With that, thank you to all.

The meeting is adjourned.