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FINA Committee Meeting

Notices of Meeting include information about the subject matter to be examined by the committee and date, time and place of the meeting, as well as a list of any witnesses scheduled to appear. The Evidence is the edited and revised transcript of what is said before a committee. The Minutes of Proceedings are the official record of the business conducted by the committee at a sitting.

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MINUTES OF PROCEEDINGS

Meeting No. 142

Monday, October 26, 1998

The Standing Committee on Finance met in a televised session at 11:07 a.m. this day, in Room 253-D, Centre Block, the Chair, Maurizio Bevilacqua, presiding.

Members of the Committee present: Maurizio Bevilacqua, Scott Brison, Ken Epp, Sophia Leung, Nelson Riis and Tony Valeri.

Acting Members present: Lou Sekora for Carolyn Bennett; Murray Calder for Nick Discepola, George Proud for Roger Gallaway, Pierre de Savoie for Yvan Loubier, Clifford Lincoln for Gary Pillitteri, Paul Steckle for Karen Redman.

In attendance: From the Library of Parliament: Richard Domingue and Marion Wrobel, Researchers.

Witnesses: Round Table I
From the "Association canadienne-française pour l'avancement des sciences": Germain Godbout, General Director. From the Association of Universities and Colleges of Canada: Robert J. Giroux, President. From Canadian Consortium for Research: John C. Service, Ph.D., Chair. From the Canadian Federation of Students - National Graduate Council: Joy Morris. From the Canadian Graduate Council: Rubina Ramji, Chair. From Humanities and Social Sciences Federation: Louise Robert, General Director.

Round Table II
From the Association of Canadian Community Colleges: Gerry Brown, President; Pierre Killeen, Government Relations Officer, National Services. From the Canadian Alliance of Student Associations: Hoops Harrison, National Director; Martin Simard, Communications Officer. From the Canadian Association of University Teachers: Robert Léger, Senior Policy Analyst, Research/Lobbying. From the Canadian Federation of Students - National Office: Elizabeth Carlyle, National Chairperson.

As Individual: Yvan Loubier, M.P.; Odina Desrochers, M.P.. From the Canadian Imperial Bank of Commerce: A. L. Flood, Chairman and C.E.O.; Holger Kluge, President, Personal and Commercial Bank. From the Canadian Real Estate Association: Pierre Beauchamp, Chief Executive Officer; Gregory Klump, Senior Economist.

In accordance with its mandate under Standing Orders 108(2) and 83.1, the Committee resumed its Pre-Budget Consultation Process. (See Minutes of Proceedings dated, Monday, June 8, 1998, Meeting No. 92).

The witnesses from Round Table I made opening statements and answered questions.

The witnesses from Round Table II made opening statements and answered questions.

At 1:00 p.m., in accordance with its mandate under Standing Order 108(2), the Committee resumed its study of the Report of the Task Force on the future of the Canadian Financial Services Sector. (See Minutes of Proceedings dated, Monday, September 21, 1998, Meeting No. 106).

Yvan Loubier M.P. made opening statement and with Odina Desrochers, M.P. answered questions.

At 2:00 p.m., the sitting was suspended.

At 3:30 p.m., the sitting resumed.

A.L. Flood, Chairman and Chief executive officer of the Canadian Imperial Bank of Commerce made an opening statement and answered questions.

At 4:50 p.m., in accordance with its mandate under Standing Orders 108(2) and 83.1, the Committee resumed its Pre-Budget Consultation Process. (See Minutes of Proceedings dated, Monday, June 8, 1998, Meeting No. 92).

Pierre Beauchamp, Chief executive officer of the Canadian Real Estate Association made an opening statement and answered questions.

At 4:45 p.m., Sophia Leung took the Chair.

At 5:27 p.m., the Committee adjourned to the call of the Chair.

 

 

Jacques Lahaie
Clerk of the Committee

 

 

Roxanne Enman
Co-Clerk of the Committee