Good morning. I call this meeting to order.
Welcome to meeting number five of the House of Commons Standing Committee on Finance.
Today’s meeting is being held in a hybrid format.
I would like to remind participants of the following points.
Please wait until I recognize you by name before speaking. If you are participating via video conference, click on the microphone icon to activate your microphone. Please mute yourself when you are not speaking.
For those on Zoom, at the bottom of your screen you can select the appropriate channel for interpretation: floor, English or French. For those in the room, you can use the earpiece and select the desired channel. For members participating in person or via Zoom, please raise your hand if you wish to speak. The committee clerks and I will do the best we can to maintain a consolidated speaking order. I remind you that all comments should be addressed through the chair.
Pursuant to the motion adopted on September 22, 2025, the committee is undertaking its study of the 2025-26 budgetary cycle.
Pursuant to the order of reference of Thursday, June 12, 2025, and the motion adopted on September 22, 2025, the committee shall resume consideration of Bill C‑4, An Act respecting certain affordability measures for Canadians and another measure.
I would like to welcome the witnesses.
We welcome the honourable Minister of Finance, Mr. François‑Philippe Champagne, and the deputy minister of finance, Mr. Chris Forbes.
Mr. Champagne, you have the floor.