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

First Session Thirty-sixth Parliament, 1997-98

Chairman: The Honourable MICHAEL KIRBY

Tuesday, May 26, 1998
Thursday, May 28, 1998

Issue No. 20

First meeting on: Bill C-28, An Act to amend the Income Tax Act, the Income Tax Application Rules, the Bankruptcy and Insolvency Act, the Canada Pension Plan, the Children's Special Allowances Act, the Companies' Creditors Arrangement Act, the Cultural Property Export and Import Act, the Customs Act, the Customs Tariff, the Employment Insurance Act, the Excise Tax Act, the Federal-Provincial Fiscal Arrangements Act, the Income Tax Conventions Interpretation Act, the Old Age Security Act, the Tax Court of Canada Act, the Tax Rebate Discounting Act, the Unemployment Insurance Act, the Western Grain Transition Payments Act and certain Acts related to the Income Tax Act.

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

WITNESSES:

Tuesday, May 26, 1998

From the Department of Finance:

Mr. Leonard L. Farber, Director General, Tax Legislation Division;

Mr. Dan MacIntosh, Legislation Coordinator, Tax Legislation Division;

Mr. Geoff Hughes, Senior Tax Policy Officer;

Mr. Robert Dubrule, Tax Policy Officer, Tax Legislation Division;

Mr. Peter Gusen, Director, Federal-Provincial Relations Division;

Ms Beth Woloski, Senior Economist, Federal-Provincial Relations Division; and

Mr. Marc Cuerrier, Senior Counsel, Tax Counsel Division.

From Mikisew Cree First Nation:

Mr. Ian Taylor, Director of Economic Development; and

Ms Rita Marten, Councillor.

Thursday, May 28, 1998

From LECG, Inc.:

Dr. Lawrence P. Schwartz, Senior Economist.

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., Kenny, Kolber, * Lynch-Staunton (or Kinsella (acting)), Meighen, Oliver, 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 Fitzpatrick substituted for that of the Honourable Senator Kenny. (May 26, 1998)

The name of the Honourable Senator Kenny substituted for that of the Honourable Senator Fitzpatrick. (May 26, 1998)

The name of the Honourable Senator Oliver substituted for that of the Honourable Senator Di Nino. (May 27, 1998)

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