Finance Committee on Jan. 12th, 2022

[The Chair, Liberal, Peter Fonseca]

Oh, you do. Okay.

[Pierre Poilievre, Conservative, Carleton, ON]

I had written, in the bullet point about Peter Routledge, the superintendent of financial institutions, the words “in June 2021”. That was actually the time he was appointed. When I made that note, I forgot to take out that date, so the words “in June 2021” should not be in this motion. It was just a clerical mistake on my part.

[The Chair, Liberal, Peter Fonseca]

Shall we strike that out?

[Pierre Poilievre, Conservative, Carleton, ON]

Just strike it right out.

[The Chair, Liberal, Peter Fonseca]

Okay. Thank you.

I'm not seeing any other hands up, so I'll ask the clerk to read through the motion as amended so that we have everything captured.

[The Clerk of the Committee, Mr. Alexandre Roger]

It reads as follows:

That the committee, pursuant to standing order 108, undertake a study of inflation in the current Canadian economy including (i) housing inflation; (ii) food inflation; (iii) repatriating supply chains for strategic goods (iv) any other issue the committee deems pertinent to the question of inflation and that the committee report back to the House no later than May 31, 2022. That hearings begin on Monday, January 17 and continue on Friday January 21 and Monday January 24, and that each of these meetings are 3 hours in length. That this study include the following witness testimony:

a. The Finance Minister alone for 3 hours, with a 10-minute opening statement;

b. The Governor of the Bank of Canada alone for 3 hours, with a 10-minute opening statement;

c. Peter Routledge, the Superintendent of Financial Institutions and Romy Bowers, President and CEO of the Canada Mortgage and Housing Corporation for 3 hours together;

d. Senior Management at Sagen and Canada Guaranty for 2 hours;

e. The Chief Statistician of Statistics Canada and any officials responsible for the Consumer Price Index and taking housing costs;

f. Any witnesses invited by the committee;

and that these names be submitted to the Office of the Clerk by the end of the day on Monday, January 17, 2022; that during these hearings, the chair enforce the rule that the witness's response to a question take no longer than the time taken to ask the question; and that the study include at least 10 meetings.

[The Chair, Liberal, Peter Fonseca]

Is everybody clear on the motion and the friendly amendments?

We will put the question on the motion as amended.

Go ahead, Clerk.

[The Clerk]

Is there unanimous consent, or shall we take a recorded division?

[The Chair, Liberal, Peter Fonseca]

I think I'm seeing unanimous consent.

(Motion agreed to)

Excellent. It's a great way to start the new year. It's great to see everybody.

The meeting is adjourned.