BANC - Standing Committee

Banking, Commerce and the Economy

Past Session: Past Session:
36-1 36th Parliament, 1st Session (September 22, 1997 - September 18, 1999)
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Proceedings of the Standing Senate Committee on
Banking, Trade and Commerce

Issue 40 - Minutes of Proceedings

OTTAWA, Tuesday, November 17, 1998
(79)

[English]

The Standing Senate Committee on Banking, Trade and Commerce met this day, in camera, at 9:30 a.m. in room 356-S, Centre Block, the Chair, the Honourable Michael Kirby, presiding.

Members of the committee present: The Honourable Senators Angus, Hervieux-Payette, P.C., Kenny, Kirby, Kolber, Kroft, Meighen, Oliver, Stewart and Tkachuk (10).

In attendance: From the Parliamentary Research Branch, Library of Parliament, Mr. Gerry Goldstein, Director Economics Division and Ms Margaret Smith, Research Officer, Law and Government Division.

Also present: The official reporters of the Senate.

The committee met to consider a draft report on its study of the Task Force on the Future of the Canadian Financial Services Sector.

At 11:45 a.m. the committee adjourned to the call of the Chair.

ATTEST:

OTTAWA, Tuesday, November 17, 1998
(80)

[English]

The Standing Senate Committee on Banking, Trade and Commerce met this day, in camera, at 3:10 p.m. in room 356-S, Centre Block, the Chair, the Honourable Michael Kirby, presiding.

Members of the committee present: The Honourable Senators Angus, Hervieux-Payette, P.C., Kenny, Kirby, Kolber, Kroft, Meighen, Oliver and Tkachuk (9).

In attendance: From the Parliamentary Research Branch, Library of Parliament, Mr. Gerry Goldstein, Director Economics Division and Ms Margaret Smith, Research Officer, Law and Government Division.

The committee met to consider a draft report on its study of the Task Force on the Future of the Canadian Financial Services Sector.

At 6:45 p.m. the committee adjourned to the call of the Chair.

ATTEST:

OTTAWA, Thursday, November 19, 1998
(81)

[English]

The Standing Senate Committee on Banking, Trade and Commerce met this day at 11:00 a.m. in room 505, Victoria Building, the Chairman, the Honourable Michael Kirby, presiding.

Members of the committee present: The Honourable Senators Angus, Hervieux-Payette, P.C., Kenny, Kirby, Kolber, Kroft, Meighen, Oliver, Stewart and Tkachuk (10).

Other Senator present: The Honourable Senator Grafstein.

Also present: The official reporters of the Senate.

WITNESSES:

From the Bank of Canada:

Mr. Gordon G. Thiessen, Governor; and

Ms Sheryl Kennedy, Deputy Governor.

Pursuant to the Order of Reference adopted by the Senate on Wednesday, October 22, 1997, the committee resumed its examination into the state of the financial system in Canada. (See Issue No. 1, October 23, 1997, for the full text of the Order of Reference.)

Mr. Thiessen made an opening statement and then, along with Ms Kennedy, answered questions.

At 1:25 p.m. the committee adjourned to the call of the Chair.

ATTEST:

Gary Levy

Clerk of the Committee