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REPORT OF THE COMMITTEE Tuesday, April 15, 2008

The Standing Senate Committee on Banking Trade and Commerce

has the honour to present its

SIXTH REPORT


Your committee was authorized by the Senate on Tuesday, November 20, 2007, to examine and report upon the present state of the domestic and international financial system.

Pursuant to Chapter 3:06, section 2(1)(c) of the Senate Administrative Rules, 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,

W. David Angus, Q.C. c.r.
Chair


STANDING SENATE COMMITTEE ON BANKING, TRADE AND COMMERCE

SPECIAL STUDY ON THE PRESENT STATE OF THE DOMESTIC AND INTERNATIONAL FINANCIAL SYSTEM

APPLICATION FOR BUDGET AUTHORIZATION FOR THE FISCAL YEAR ENDING MARCH 31, 2009

Extract from the Journals of the Senate of Tuesday, November 20, 2007

The Honourable Senator Angus moved, seconded by the Honourable Senator Johnson:

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; and

THAT the papers and evidence received and taken on the subject during the First session of the Thirty-ninth Parliament and any other relevant Parliamentary papers and evidence on the said subject be referred to the Committee; and

THAT the Committee submit its final report no later than December 31 2008, and that the Committee retain until March 31, 2009 all powers necessary to publicize its findings.

After debate,

The question being put on the motion, it was adopted.

Paul Bélisle
Clerk of the Senate


APPENDIX (B) TO THE REPORT

 THURSDAY, April 10, 2008

The Standing Committee on Internal Economy, Budgets and Administration has examined the budget presented to it by the Standing Senate Committee on Banking, Trade and Commerce for the proposed expenditures of the said Committee for the fiscal year ending March 31, 2009 for the purpose of its special study on the domestic and international financial system, as authorized by the Senate on Tuesday, November 20, 2007. The said budget is as follows:

Professional and Other Services

$ 9,300

Transportation and Communications

$ 60,600

All Other Expenditures

$ 3,000

TOTAL

$ 72,900

(includes funds for a fact finding mission to Washington, D.C.)

Respectfully submitted,

TERRY STRATTON
Deputy Chair


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