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BANC - Standing Committee

Banking, Commerce and the Economy

 

REPORT OF THE COMMITTEE

Thursday, November 21, 2013

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 matters as were referred to it, tables, pursuant to rule 12‑26(2), the following report on expenses incurred for that purpose during the First Session of the Forty-first Parliament:

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

2011-2012

General Expenses              $      5,800

Witness Expenses                      2,283

SUBTOTAL                                 8,083

2012-2013

General Expenses              $      5,844

Witness Expenses                     15,844

SUBTOTAL                                 21,688

2013-2014

General Expenses              $      5,800

Witness Expenses                     11,066

SUBTOTAL                                16,866

TOTAL                                $      46,637

2. With respect to its special study on the present state of the domestic and international financial system authorized by the Senate on Tuesday, June 21, 2011:

2011-2012

Witness Expenses             $      1,551

SUBTOTAL                                 1,551

TOTAL                                 $      1,551

3. With respect to its special study on the  review of the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (S.C. 2000, c. 17), pursuant to section 72 of the said Act, authorized by the Senate on Tuesday, January 31, 2012:

2011-2012

Witness Expenses             $      3,057

SUBTOTAL                                3,057

2012-2013

General Expenses                      $      0

Activity 1: Washington                29,250

Witness Expenses                       3,732

SUBTOTAL                                 32,982

2013-2014

Activity 1 of 2012-2013,

Washington (unused

airfare credit)                      $            326

SUBTOTAL                                      326

TOTAL                                 $      36,365

In addition to the expenses for its studies as set out above, your committee also incurred general postal charges of $ 12.

During the session, your committee held 90 meetings (136.82 hours), heard 345 witnesses and submitted 13 reports in relation to its work.  Your committee examined 10 bills (S-5, S-17, S-203, S‑215, C-311, C-25, C-11, C-28, C-377 and C-48) and received a total of 14 orders of reference.

Respectfully submitted,

IRVING R. GERSTEIN

Chair


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