Proceedings of the Standing Senate Committee on Banking, Trade and Commerce
Second Session Thirty-fifth Parliament, 1996
Chairman: The Honourable MICHAEL KIRBY
Thursday, October 3, 1996
Issue No. 11
Fourteenth and fifteenth meetings on: Examination of the present state of the financial system in Canada
- Minutes of Proceedings
- Transcript (Evidence) of Proceedings (131K) - Morning Session
- Transcript (Evidence) of Proceedings (136K) - Afternoon Session
WITNESSES:
From General Electric Capital Canada Inc.:
Mr. Michael Davies, Vice-President & General Counsel;
Mr. Bob Weese, Vice-President, Government Affairs;
Ms. J. Diane Hébert, Vice-President, Legal Affairs, Equipment Financing;
Mr. David S. Brennan, Vice-President and General Manager;
Mr. Leslie J. Battrick, Vice-President and Counsel; and
Mr. Armin Sachse, Vice-President, Marketing, Equipment Financing.
From Wells Fargo Bank, NA:
Mr. Gadi Meir, Project Leader and Senior Financial Consultant, Business Banking Group; and
Ms. Louise S. Pelly, Counsel from Gowlings, Strathy & Henderson.
From the Co-operators Group Limited:
Mr. Terry Squire, President and Chief Executive Officer of The Co-operators Group Limited, Co-operators Financial Services Limited, Co-operators General Insurance Company and Co-operators Life Insurance Company;
Mr. Lorne Motton, Vice-President Finance and Controller for Co-operators General; and
Mr. Frank Lowery, Vice-President, General Counsel and Secretary.
From the Canadian Real Estate Association:
Mr. Pierre Beauchamp, Chief Executive Officer;
Ms. Shirley A. Taylor, Manager, External Relations; and
Mr. Martin Laplante, Consultant, RES Policy Research Inc.
From Life Underwriters Association of Canada:
Mr. Hal D. Couillard, Past Chair;
Mr. David J. Thibaudeau, President; and
Mr. William T. Babcock, Vice-President, Public Affairs.
From the Task Force of Schedule II Foreign Banks:
Mr. Fred Buhler, Chair, Legislative Reform Task Force of the Schedule II Foreign Banks and Chairman and Chief Executive Officer, Bank of America Canada;
Mr. Willem Veger, President and Chief Executive Officer, ABN AMBRO Bank Canada; and
Mr. Kenichiro Tanaka, President and CEP, Fuji Bank Canada.
From Deutsche Bank Canada:
Mr. Stephen von Romberg-Droste, President and Chief Executive Officer; and
Mr. Barry Munholland, Senior Vice-President and Managing Director.
From Association coopérative d'économie familiale:
Ms. Louise Rozon, General Manager;
Mr. Eric Fraser, Responsable du service d'aide aux consommateurs;
Mr. Jacques St-Amant, Research Counsel; and
Mr. Sidney Ribaux, Project Coordinator.
From Task Force on the Churches and Corporate Responsibility:
Mr. Bill Davis, Manager, Taskforce's dossier on Banking Access for Low-income groups;
Rev. Dalton Jantzi, ordained minister, Mennonite Church of Eastern Canada; and
Mr. Bernard Dufresne, Co-Director, Social Affairs Office, Conference of Catholic Bishops of Canada.
From the National Anti-Poverty Organization:
Ms. Lynne Toupin, Executive Director.
From the Retail Council of Canada:
Ms. Diane Brisebois, President & CEO;
Mr. Ken Morrison, Banking Consultant and President, Ken Morrison Consulting Inc.; and
Mr. Ray Bird, Chairman, Banking Committee and Vice-President, Credit, Sears Canada Inc.
From Trimark Investment Management Inc.:
Mr. Brad Badeau, Senior Vice-President and Chief Financial Officer.
MEMBERS OF THE COMMITTEE
The Honourable Michael Kirby, Chairman
The Honourable W. David Angus, Deputy Chairman
and
The Honourable Senators:
Austin, P.C., *Fairbairn, P.C. (or Graham), Hervieux-Payette, P.C., Kelleher, P.C., Kenny, Kolber, *Lynch-Staunton (or Berntson), Meighen, Perrault, P.C., St. Germain, P.C., Simard, Stewart
* Ex Officio Members
(Quorum 4)