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

First Session Thirty-sixth Parliament, 1997

Chairman: The Honourable MICHAEL KIRBY

Tuesday, December 9, 1997

Issue No. 7

First and only meeting on: Bill C-10, Act to implement a convention between Canada and Sweden, a convention between Canada and the Republic of Lithuania, a convention between Canada and the Republic of Kazakhstan, a convention between Canada and the Republic of Iceland and a convention between Canada and the Kingdom of Denmark for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income and to amend the Canada-Netherlands Income Tax Convention Act, 1986 and the Canada-United States Tax Convention Act, 1984.

Seventh meeting on: Examination of the state of the financial system in Canada.

INCLUDING: THE SIXTH REPORT OF THE COMMITTEE (Bill C-10)

WITNESSES:

From the Department of Finance:

Mr. Dan MacIntosh, Legislation Coordinator, Tax Policy Branch; and

Mr. Jean-Marc Déry, Chief, Tax Treaties, Tax Legislation Division.

From Canadians Asking for Social Security Equality:

Mr. William Thrasher, Spokesperson.

MEMBERS OF THE COMMITTEE

The Honourable Michael Kirby, Chairman

The Honourable David Tkachuk, Deputy Chairman

and

The Honourable Senators:

Angus, Austin, P.C., Callbeck, * Graham, P.C. (or Carstairs), Hervieux-Payette, P.C., Kelleher, P.C., Kolber, * Lynch-Staunton (or Kinsella (acting)), Meighen, St. Germain, P.C., Stanbury, Stewart

* Ex Officio Members

(Quorum 4)

Changes in membership of the Committee:

Pursuant to Rule 85(4), membership of the Committee was amended as follows:

The name of the Honourable Senator Kolber substituted for that of the Honourable Senator Poulin (December 8, 1997).

The name of the Honourable Senator Hervieux-Payette substituted for that of the Honourable Senator Kenny (December 8, 1997).

The name of the Honourable Senator Stanbury substituted for that of the Honourable Senator Ferretti Barth (December 8, 1997).