Industry committee  I think to get into that would be exceeding my and my colleagues' area of responsibility. It would probably be best to have officials from the Department of Finance come and speak to the federal experience in that significant debate. I would describe the patchwork as the Consti

Industry committee  I would only say that the United Kingdom is a unitary government. It's a much different set-up in terms of the scope at their national level to move forward in those areas. We obviously have a different arrangement in Canada. I wouldn't speak further on it, as it's not in our are

Industry committee  My apologies, Mr. Chair, in that a lot of the questions are more of a policy nature and would probably be best addressed to the minister, in terms of the broader question. The space in which this bill is offered.... I think Target, for example, is a provincially registered compan

Industry committee  In particular, using the CBCA to conduct a restructuring of a company was one area where comments were received in the consultation, but there was no clear consensus on whether this should be changed in any way at this point. We're trying to figure out what we would embark upon n

Industry committee  I'll just highlight two considerations among many. First, yes, there wasn't a consensus, so that was important. Second, where best to address that issue is also important. With respect to what we put forward in this bill, when you look at the comments from the bar, the people w

Industry committee  —its processes, and second—

Industry committee  —on the matter of democracy. Those are the points, I think.

Industry committee  On the last question about a periodic review, I understand it's been offered as a suggestion, and this is a matter for debate. The bill doesn't have that provision in it, and I imagine that can be debated in respect of this enactment. I wasn't there in 2001, so I can't directly s

Industry committee  We continue to monitor the state of debate, the evolution of various matters. For example, there are different international models on “say on pay”. At the shareholder level there are movements, and people are availing themselves of the core governance mechanisms they have to pre

Industry committee  Thank you, Mr. Chair, for the excellent question. I think this goes back to leaving quite open the diversity of approaches to diversity. I think you picked up on another one—representation of young people in a management company, people from different walks of life, young entre

Industry committee  Thank you, Chair, for the question. As far as the bill and the provisions in the bill go, there is no numeric target.

Industry committee  I would say, just to represent the process we went through to get to this enactment of a comply and explain model, that this is where there's more consensus on the usefulness of putting this into a federal statute. I think what has been done by adding to that further is to also e

Industry committee  The act requires—

Industry committee  The minister has spoken of improvement in diversity, and therefore improvement would definitely mean improvement in representativeness. It's a logical extension of what he said.

Industry committee  I'll just take the opportunity of your earlier question and build on what you've asked. Mr. Chair, I think the bill doesn't address this specifically, but another matter that's under consideration is arrangements on internal trade in order to make it easier to do business acros