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

First Session Thirty-sixth Parliament, 1997-98-99

Chairman: The Honourable MICHAEL KIRBY

Monday, August 23, 1999
Tuesday, August 24, 1999

Issue No. 56

Fifth and sixth meetings on: Bill C-78, An Act to establish the Public Sector Pension Investment Board, to amend the Public Service Superannuation Act, the Canadian Forces Superannuation Act, the Royal Canadian Mounted Police Superannuation Act, the Defence Services Pension Continuation Act, the Royal Canadian Mounted Police Pension Continuation Act, the Members of Parliament Retiring Allowances Act and the Canada Post Corporation Act and to make a consequential amendment to another Act

INCLUDING:
THE TWENTY-EIGHTH REPORT OF THE COMMITTEE (Bill C-78)

APPEARING:

The Honourable Lucienne Robillard, P.C., M.P., President of Treasury Board and Minister responsible for Infrastructure

WITNESSES:

Monday, August 23, 1999

From the Treasury Board of Canada:

Mr. Peter Harder, Secretary of the Treasury Board and Comptroller General of Canada;

Mr. Ross Hornby, Senior General Counsel;

Mr. Bryce Peacock, Director, Financial Analysis, Pensions Division.

From Canada Post:

Mr. Sheldon Bell, Senior Vice-President and Chief Financial Officer;

Mr. Patrick Tardif, Corporate Manager.

Tuesday, August 24, 1999

From the Public Service Alliance of Canada:

Mr. Daryl Bean, President.

From the Canadian Union of Postal Workers:

Mr. Dale Clark, National President.

From the Professional Institute of the Public Service of Canada:

Mr. Steve Hindle, President.

From the Divisional Staff Relations Committee, RCMP:

Mr. Kevin MacDougall; and

Mr. Bruce Morrisson.

From the RCMP Association:

Mr. Gaetan Delisle, President.

From the Federal Superannuates National Association:

Mr. Rex G. Guy, National President;

Mr. Jean-Guy Soulière, Executive Director; and

Mr. Keith Patterson, Deputy Executive Director.

From the Armed Forces Pensioners'/Annuitants' Association of Canada:

Mr. E.W. Halayko, National Chairman;

Mrs. Helen Rapp, Vice-Chairman (Military Widows);

Ms Fiona Campbell, Legal Counsel.

As an individual:

Dr. John Fitzpatrick.

MEMBERS OF THE COMMITTEE

The Honourable Michael Kirby, Chairman

The Honourable David Tkachuk, Deputy Chairman

and

The Honourable Senators:

Angus, Callbeck, De Bané, P.C., * Graham, P.C. (or Carstairs), Hervieux-Payette, P.C., Kelleher, P.C., Kenny, Kolber, Kroft, * Lynch-Staunton (or Kinsella), Meighen, Oliver

* 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 Buchanan substituted for that of the Honourable Senator Meighen (August 24, 1999).

The name of the Honourable Senator Stratton substituted for that of the Honourable Senator Oliver (August 24, 1999).

The name of the Honourable Senator Meighen substituted for that of the Honourable Senator Buchanan (August 24, 1999).

The name of the Honourable Senator Oliver substituted for that of the Honourable Senator Stratton (August 24, 1999).

The name of the Honourable Senator Austin substituted for that of the Honourable Senator De Bané (August 20, 1999).

The name of the Honourable Senator Ferretti Barth substituted for that of the Honourable Senator Callbeck (July 22, 1999).

The name of the Honourable Senator Fraser substituted for that of the Honourable Senator Hervieux-Payette (July 22, 1999).

The name of the Honourable Grafstein substituted for that of the Honourable Senator Kolber (July 22, 1999).