The committee met to discuss a possible conflict of interest involving the Minister of Finance and National Revenue, François-Philippe Champagne, and the high-speed rail project called Alto, where someone close to him works. Minister Champagne explained that he contacted the Office of the Conflict of Interest and Ethics Commissioner as soon as someone close to him received a job offer from Alto. He said the Commissioner's office told him there was no risk of a conflict of interest and that he didn't need to set up a special process to avoid conflicts. However, the Minister chose to put such a process, called a "screen," in place voluntarily, just to be extra careful. He argued that his actions, including voting on proposed laws related to Alto, were part of his general duties as a committee member and Minister, and therefore did not create a conflict.
Opposition committee members questioned why the Minister voted on proposed laws that specifically helped the Alto project, even after he set up his voluntary screen. They were concerned about the appearance of a conflict of interest, especially since his spouse is an executive at Alto and there were reports of bonuses for Alto executives. They asked the Minister to share the letter he sent to the Prime Minister about his screen and the Commissioner's response, but he said it was up to the Commissioner to release those documents. Liberal committee members supported the Minister, praising his proactive approach and emphasizing that the Commissioner found no conflict.
The Ethics Commissioner, Konrad von Finckenstein, confirmed that his office advised Minister Champagne that there was no conflict of interest. He explained that Alto is a government-owned company that reports to the Minister of Transport, not the Minister of Finance, and that the Minister of Finance has no power over Alto's staff decisions. The Commissioner stated that the Minister's connection to Alto was "too remote" to be a conflict. He also confirmed that his office did not require the Minister's screen and therefore did not publish it, and that his office's advice to Ministers is confidential unless the Minister chooses to make it public.
During the meeting, committee members voted on a motion to ask the Minister to release the letter and ethics screen he mentioned, but the motion was defeated. The Commissioner also took the opportunity to suggest that the Conflict of Interest Act, the law that guides these matters, is outdated and needs to be updated to fit today's world.