Proceedings of the Standing Senate Committee on
Banking, Trade and
Commerce
Issue 56 - Minutes of Proceedings
OTTAWA, Monday, August 23, 1999
(111)
[English]
The Standing Senate Committee on Banking, Trade and Commerce met this day at 5:00 p.m. in Room 505, Victoria Building, the Chairman, the Honourable Michael Kirby, presiding.
Members of the committee present: The Honourable Senators Angus, Callbeck, De Bané, P.C., Hervieux-Payette, P.C, Kelleher, P.C., Kenny, Kirby, Kolber, Kroft, Meighen, Oliver and Tkachuk (12).
Other senators present: The Honourable Senators Prud'homme, P.C., Stratton and Taylor (3).
In attendance: From the Parliamentary Research Branch, Library of Parliament: Ms June Dewetering, Research Officer, Economics Division.
Also present: The official reporters of the Senate.
APPEARING:
The Honourable Lucienne Robillard, P.C., M.P., President of Treasury Board and Minister Responsible for Infrastructure.
WITNESSES:
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.
Pursuant to the Order of Reference adopted by the Senate on Thursday, June 17, 1999, the committee proceeded to study 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 Continuatinuation 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.
The Honourable Lucienne Robillard made an opening statement and together with officials, answered questions.
Mr. Bell made an opening statement and then answered questions.
At 7:45 p.m., the committee adjourned to the call of the Chair.
ATTEST:
OTTAWA, Tuesday, August 24, 1999
(112)
[English]
The Standing Senate Committee on Banking, Trade and Commerce met this day at 9:00 a.m. in Room 505, Victoria Building, the Chairman, the Honourable Michael Kirby, presiding.
Members of the committee present: The Honourable Senators Angus, Buchanan, P.C., Callbeck, De Bané, P.C., Hervieux-Payette, P.C., Kelleher, P.C., Kenny, Kirby, Kolber, Kroft, Meighen, Oliver, Stratton and Tkachuk (14).
In attendance: From the Parliamentary Research Branch, Library of Parliament, Ms June Dewetering, Research Officer, Economics Division.
Also present: The official reporters of the Senate.
WITNESSES:
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;
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;
Mr. Keith Patterson, Deputy Executive Director.
From the Armed Forces Pensioners'/Annuitants' Association of Canada:
Mr. E.W. Halayko, National Chairman;
Ms Helen Rapp, Vice-Chairman (Military Widows);
Ms Fiona Campbell, Legal Counsel.
As an individual:
Dr. John Fitzpatrick.
Pursuant to the Order of Reference adopted by the Senate on Thursday, June 17, 1999, the committee proceeded to study 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 Continuatinuation 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.
Mr. Bean made an opening statement and then answered questions.
Mr. Clark made an opening statement and then answered questions.
Mr. Hindle made an opening statement and then answered questions.
Mr. MacDougall made an opening statement and then, along with Mr. Morrisson, answered questions.
Mr. Delisle made an opening statement and then answered questions.
Mr. Guy made an opening statement and then, along with Messrs. Soulière and Patterson, answered questions.
Mr. Halayko made an opening statement and then, along with Ms Campbell, answered questions.
Dr. Fitzpatrick made an opening statement.
It was moved by Senator Kenny, -- That Bill C-78 be adopted and reported to the Senate without amendment but with observations. It was agreed on the following division:
YEAS: The Honourable Senators Callbeck, De Bané, Hervieux-Payette, Kenny, Kolber and Kroft (6).
NAYS: The Honourable Senators Angus, Buchanan, Kelleher, Stratton and Tkachuk (5).
ABSTENTION: The Honourable Senator Kirby (1).
It was agreed, -- That the preparation of observations would be delegated to the Chair and Vice-Chair.
It was agreed, -- That if the Chair and Vice-Chair were unable to agree on the wording of the observations, then both versions of the observations would be reported to the Senate.
At 12:15 p.m., the committee adjourned to the call of the Chair.
ATTEST:
Gary Levy
Clerk of the Committee