Banking, Trade and Commerce – May 16, 2012

In Committee from the Senate of Canada

Banking, Trade and Commerce – May 16, 2012

Appearances: Jim Flaherty, Jeremy Rudin, Anthony Giles, Gerard Peets, Patricia Brady

Finance Minister Jim Flaherty discussed various measures of the controversial budget bill (C-38), including those pertaining to the Bank Act and the Insurance Companies Act.

Officials from the Department of Finance responded to questions related to financial regulations. Senior representatives from Human Resources and Skills Development Canada and Industry Canada spoke about changes to the Canadian Labour Code and the Investment Canada Act.

UPDATE: Bill C-38 received royal assent on June 29.