Skip to content
 

REPORT OF THE COMMITTEE

THURSDAY, November 18, 1999

The Standing Senate Committee on Banking, Trade and Commerce has the honour to table its

FIRST REPORT


Your Committee, which was authorized by the Senate to incur expenses for the purpose of its examination and consideration of such legislation and other matters as were referred to it, reports, pursuant to Rule 104 of the rules, that the expenses incurred by the Committee during the First Session on the Thirty-sixth Parliament are as follows:

1. With respect to its examination and consideration of legislation:

Professional and other services $ 9,806.70

Transportation and Communications

$ 93,296.81

All other expenditures

$ 2,438.86

Witness expenses

$ 18,298.33
______________

TOTAL

$123,840.70

 

2. With respect to its special study on the financial system in Canada authorized by the Senate on Wednesday, October 22, 1997, Thursday, December 10, 1998 and Tuesday, February 16, 1999:

Professional and other services $147,625.08

Transportation and Communication

$479,331.22
All other expenditures $ 43,333.85

Witness expenses

$ 19 585,12
____________

TOTAL

$689,875.27

 

During the session, your Committee held 113 meetings and submitted 29 reports in relation to its work. Of these, eight involved special studies related to the financial system in Canada: two on Joint and Several Liability and Professional Defendants, one on the Canada Pension Plan Investment Board, one on Modified Proportionate Liability, one on the Comparative Study of Financial Regulatory Regimes, one on the Governance Practices of Institutional Investors, on the MacKay Task Force Report and one on a Study of Common Currency: Canada and the United States.

Your Committee also examined 17 bills including C-10, An Act on Fiscal evasion with respect to taxes on income; C-11, An Act respecting the imposition of duties of customs and other charges, to give effect to the International Convention on the Harmonized Commodity Description and Coding System, to provide relief against the imposition of certain duties of customs or other charges, to provide for other related matters and to amend or repeal certain Acts in consequence thereof; C-20, An Act to amend the Competition Act and to make consequential and related amendments to other Acts; C-21, An Act to amend the Small Business Loans Acts; C-28, An Act to amend the Income Tax Act, the Income Tax Application Rules, the Bankruptcy and Insolvency Act, the Canada Pension Plan, the Children's Special Allowances Act, the Companies' Creditors Arrangement Act, the Cultural Property Export and Import Act, the Customs Act, the Customs Tariff, the Employment Insurance Act, the Excise Tax Act, the Federal-Provincial Fiscal Arrangements Act, the Income Tax Conventions Interpretation Act, the Old Age Security Act, the Tax Court of Canada Act, the Tax Rebate Discounting Act, the Unemployment Insurance Act, the Western Grain Transition Payments Act and certain Acts related to the Income Tax Act; C-47, An Act to amend the Parliament of Canada Act, the Members of Parliament Retiring Allowances Act and the Salaries Act; C-5, An Act respecting cooperatives; C-53, An Act to increase the availability of financing for the establishment, expansion, modernization and improvement of small businesses; C-59, An Act to amend the Insurance Companies Act; C-67, An Act to amend the Bank Act, the Winding-up and Restructuring Act and other Acts relating to financial institutions and to make consequential amendments to other Acts; C-72, An Act to amend the Income Tax Act, to implement measures that are consequential on changes to the Canada-U.S. Tax Convention (1980) and to amend the Income Tax Conventions Interpretation Act, the Old Age Security Act, the War Veterans Allowance Act and certain Acts related to the Income Tax Act; two reports on C-78, An Act to establish the Public Sector Pension Investment Board, to amend the Public Service Superannuation Act, the Canadian Forces Superannuation Act, the Royal Canadian Mounted Police Superannuation Act, the Defence Services Pension Continuation Act, the Royal Canadian Mounted Police Pension Continuation Act, the Members of Parliament Retiring Allowances Act and the Canada Post Corporation Act and to make a consequential amendment to another Act; S-3, An Act to amend the Pension Benefits Standards Act, 1985 and the Office of the Superintendent of Financial Institutions Act; S-9, An Act respecting depository bills and depository notes and to amend the Financial Administration Act; S-18, An Act respecting the Alliance of Manufacturers & Exporters Canada; S-25, An Act respecting the Certified General Accountants Association of Canada; C-20, An Act to amend the Competition Act and to make consequential and related amendments to other acts, and the Message from the House of Commons on the same subject, dated February 5, 1999.

 

Respectfully submitted,

E. LEO KOLBER
Chairman


Back to top