| REPORT OF THE COMMITTEE | TUESDAY, May 29, 2001 |
The Standing Senate Committee on Banking Trade and Commerce
has the honour to present its
FIFTH REPORT
Your Committee, which was authorized by the Senate on Tuesday, March 20th, 2001, to examine and report upon the present state of the domestic and international financial system, respectfully requests that it be empowered to engage the services of such counsel and technical, clerical and other personnel as may be necessary for the purpose of such study.
Pursuant to section 2:07 of the Procedural Guidelines for the Financial Operation of Senate Committees, the budget submitted to the Standing Committee on Internal Economy, Budgets and Administration and the report thereon of that Committee are appended to this report.
Respectfully submitted,
LEO KOLBER
Chair
SPECIAL STUDY
APPLICATION FOR BUDGET AUTHORIZATION FOR THE FISCAL YEAR ENDING MARCH 31, 2002
Extract from the of Journals of the Senate of March 20, 2001:
"The Honourable Senator Tkachuk for the Honourable Senator Kolber moved, seconded by the Honourable Senator Cohen:
That the Standing Senate Committee on Banking, Trade and Commerce be authorized to examine and report upon the present state of the domestic and international financial system;
That the papers and evidence received and taken on the subject during the First and Second Session of the Thirty-sixth Parliament and any other relevant Parliamentary papers and evidence on the said subject be referred to the Committee;
That the Committee be empowered to permit coverage by electronic media of its public proceedings with the least possible disruption of its hearings;
That, notwithstanding usual practices, the Committee be permitted to deposit an interim report on the said subject with the Clerk of the Senate, if the Senate is not sitting, and that the said report shall thereupon be deemed to have been tabled in the Chamber; and
That the Committee submit its final report no later than March 31, 2002.
After debate,
The question being put on the motion, it was adopted."
Paul C. Bélisle
Clerk of the Senate
Summary of expenditures
| Professional & Other Services | $23,000 |
| Transportation and communications | $2,500 |
| Other Expenditures | $4,500 |
| TOTAL | $30,000 |
The above budget was approved by the Standing Committee on Banking, Trade and Commerce on April 26, 2001
EXPLANATION OF BUDGET ITEMS
|
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| 1. Expert consultants (including Communications consultant) | 20,000 |
|
| 2. Working Meals (0415) Working lunches and dinners (10 meals at $ 300) |
3,000 |
|
|
23,000 |
$23,000 |
|
||
1. Work on behalf of the Committee
|
||
| Air transportation | 1,200 |
|
| Ground transportation | 500 |
|
| Hotel | 500 |
|
| Per diem | 300 |
|
| Subtotal | 2,500 |
$2,500 |
|
||
| 1. Miscellaneous expenses (0799) | 1,500 |
|
| 2. Purchase of books and periodicals | 1,000 |
|
| 3. Hospitality | 2,000 |
|
| Subtotal | 4,500 |
$4,500 |
|
$30,000 |