I call this meeting to order. Good morning, everyone. Welcome to meeting 43 of the House of Commons Standing Committee on Industry, Science and Technology.
Today's meeting is taking place in a hybrid format pursuant to the House order of January 25, 2021. The proceedings will be made available via the House of Commons website. So you are aware, the webcast will always show the person speaking rather than the entirety of the committee.
The first hour today will be spent on Bill C-253, and then we will move in camera for the second hour to review our report.
To ensure an orderly meeting, I'll outline a few rules to follow.
Members and witnesses may speak in the official language of their choice. Interpretation services are available for this meeting. You have the choice at the bottom of your screen of floor, English or French. Please select your preference now.
As a reminder, all comments by members and witnesses should be addressed through the chair. Before speaking, please wait until I recognize you by name. When you are not speaking, your microphone should be on mute.
As is my normal practice, I will hold up a yellow card for when you have 30 seconds left in your intervention, and I will hold up the red card for when your time for questions has expired. Please keep your screen in gallery view so that you can see the cards when I hold them up. I don't want to cut anyone off, but we have a tight schedule today, so when you see the card, please take note.
Pursuant to the order of reference of Wednesday, May 12, the committee is meeting to continue its study of Bill C-253, an act to amend the Bankruptcy and Insolvency Act and the Companies' Creditors Arrangement Act.
I will now welcome our witnesses.
With us today, we have Mr. Mark Zigler, barrister, solicitor and partner at Koskie Minsky. From the Canadian Bankers Association, we have Charles Docherty, assistant general counsel, and Bill Kennedy, vice-president, special loans, with the National Bank of Canada. From Chrysler Canada Retirees, we have Cody Cooper, president and board chair.
We also welcome Gordon St‑Gelais, president of the Comité des retraités de Mines Wabush, in Sept‑Îles.
As well, we have from Insolvency Institute of Canada, Robert I. Thornton, lawyer and partner.
Each witness will have up to five minutes to present, followed by rounds of questions.
We will start with Mr. Zigler.
You have the floor for five minutes.