Finance committee  I can perhaps jump in on that one as well. Historically, private members' bills will fail or succeed for a whole range of reasons, but parliamentarians have a unique opportunity to seize the moment today. I think there is a greater element of political will around this particula

Finance committee  Thank you very much, Mr. Chair. It's a great question. The demographics of the broker channel are very similar to the demographics across the small business community. We have a number of businesses and a number of business owners who are, or will soon be, at the stage of consi

Finance committee  That's excellent. Thank you, Mr. Chair. Please let me begin by thanking all committee members for their service to their constituents and communities during this past challenging year. I am Peter Braid, CEO of the Insurance Brokers Association of Canada, also known as IBAC. J

Finance committee  This particular provision of the budget implementation act doesn't directly impact the broker channel. That said, it's difficult for me to answer without putting on my previous hat as parliamentary secretary for infrastructure. I know that insurance companies and the insurance

Finance committee  It does not directly worry me, and it would not worry insurance brokers. Insurance brokers are focused on serving their clients. They place business with their clients from a range of insurance companies. Insurance companies as they grow, I believe, would be looking for places

Finance committee  That's a very good question and a very good point. We would be concerned about the scenario that you described and would want to ensure that it does not take place. Currently under section 416 of the Bank Act, a bank cannot sell insurance at the point of granting credit. In the

Finance committee  Thank you.

Finance committee  Thank you, Mr. Sorbara, for your question, for your support of the broker channel, and for the separation of the pillars of insurance and banking. The Insurance Brokers Association would support those various goals that the federal budget has set out. I think moving forward what

Finance committee  As I mentioned in my presentation, the separation of the pillars of insurance and banking is very much a Canadian advantage. It has served Canadians well. It serves our communities and our constituents well. That's one of the reasons why our financial services sector did so well

Finance committee  Thank you very much, Mr. Chair. Good afternoon, honourable members. I'm very pleased to be here today on behalf of the Insurance Brokers Association of Canada, or IBAC, to contribute to the public discussion on Bill C-74. As a former member of the House of Commons, I apprecia

Finance committee  As many of you will know, IBAC is the national voice of property and casualty insurance brokers, advocating for the interests of both insurance brokers and consumers to the Government of Canada. Brokers have a long history of providing customer service, non-biased insurance adv

Justice committee  I understand your question. As the Insurance Brokers of Canada, we're part of an international network. We have peers in other countries, including Australia, the United Kingdom, and the United States. I took the opportunity to reach out to some of my colleagues from those other

Justice committee  I would suggest it would be both. I think both are very important.

Justice committee  I remember from my previous job that municipalities are creatures of the provinces. That would appear to be the appropriate approach. It's clear that we're moving into a new world, and change is coming. I think it's important that our police services who do such excellent work

Justice committee  Thank you very much for those questions. Perhaps to help provide some context, the Insurance Brokers Association of Canada, of course, represents insurance brokers across the land. We don't represent insurance companies per se. We work closely with insurance companies, but our