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Proceedings of the Standing Senate Committee on Banking, Trade and Commerce

Second Session Thirty-fifth Parliament, 1996

Chairman: The Honourable MICHAEL KIRBY


Tuesday, October 31, 1996
Monday, November 4, 1996

Issue No. 13

Nineteenth meeting on: Examination of the present state of the financial system in Canada

First Meeting on: Bill C-5, An Act to amend the Bankruptcy and Insolvency Act, the Companies' Creditors Arrangement Act and the Income Tax Act

INCLUDING: THE TENTH REPORT OF THE COMMITTEE


WITNESSES:

For the examination of the State of the Financial System in Canada:

From the Canadian Bar Association:

Mr. Russell W. Lusk, President;

Ms. Alison Manzer, Chair, Committee on Financial Institution Legislative Reform; and

Mr. John D.V. Hoyles, Executive Director.

From the Canadian Institute of Chartered Accountants:

Mr. Michael H. Rayner, President;

Mr. William Broadhurst, Chair, Legal Liability Task Force; and

Mr. Ron Gage, Past Chairman.

For Bill C-5:

From the Department of Industry:

Mr. David Tobin, Director General, Corporate Governance Branch;

Mr. Marc Mayrand, Superintendent of Bankruptcy;

Mr. Jacques Hains, Director, Corporate Law Policy Directorate;

Mr. Gordon Marantz, Legal Advisor to the Department; and

Mr. Max Mendelsohn, Legal Advisor to the Department.


MEMBERS OF THE COMMITTEE

The Honourable Michael Kirby, Chairman

The Honourable W. David Angus, Deputy Chairman

and

The Honourable Senators:

Austin, *Fairbairn, P.C. (or Graham), Hervieux-Payette, P.C., Kelleher, P.C., Kenny, Kolber, *Lynch-Staunton (or Berntson), Meighen, Oliver, Perrault, P.C., St. Germain, P.C., Stewart

* Ex Officio Members

(Quorum 4)