Proceedings of the Standing Senate Committee on
Banking, Trade and
Commerce
Issue 2 - Minutes of Proceedings
OTTAWA, Wednesday, December 1, 1999
(4)
[English]
The Standing Senate Committee on Banking, Trade and Commerce met this day at 3:30 p.m. in Room 505, Victoria Building, the Chairman, the Honourable E. Leo Kolber, presiding.
Members of the committee present: The Honourable Senators Angus, Fitzpatrick, Furey, Hervieux-Payette, P.C., Kelleher, P.C., Kenny, Kolber, Kroft, Lynch-Staunton, Oliver and Tkachuk (11).
In attendance: From the Parliamentary Research Branch, Library of Parliament: Mr. Marion Wrobel, Senior Analyst, Economics Division.
Also present: The official reporters of the Senate.
APPEARING:
Mr. Roy Cullen, M.P., Parliamentary Secretary to the Minister of Finance
WITNESSES:
From the Department of Finance:
Mr. Brian J. Ernewein, Director, Tax Legislation Division, Tax Policy Branch;
Mr. David Sénécal, Acting Chief, Tax Treaties, Tax Legislation Division, Tax Policy Branch.
From Canada Customs and Revenue:
Mr. Gary Zed, Deputy Director General, International Tax Directorate, Verification, Enforcement and Compliance Research Branch;
Mr. André Lamarche, Manager, Exchange of Information and Simultaneous Audit, International Tax Directorate, Verification, Enforcement and Compliance Research Branch;
Mr. Ross Kauffman, Senior Policy Analyst, International Legislative Affairs Section, Legislative Policy Division;
Ms Sandra Goldberg, Legal Counsel, Legal Services Branch (CCRA), Department of Justice.
From the Department of Foreign Affairs and International Trade:
Ms Ann Collins, Director, Eastern Europe Division.
Pursuant to the Order of Reference adopted by the Senate on Wednesday, November 24, 1999, the Committee proceeded to study Bill S-3, An Act to implement an agreement, conventions and protocols between Canada and Kyrgyzstan, Lebanon, Algeria, Bulgaria, Portugal, Uzbekistan, Jordan, Japan and Luxembourg for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.
Mr. Cullen made an opening statement and then, along with Mr. Ernewein and Mr. Sénécal, answered questions.
It was agreed, -- That Bill S-3 be adopted and reported to the Senate without amendment.
At 4:55 p.m., the committee adjourned to the call of the Chair.
ATTEST:
OTTAWA, Thursday, December 2, 1999
(5)
[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 E. Leo Kolber, presiding.
Members of the committee present: The Honourable Senators Angus, Furey, Kelleher, P.C., Kenny, Kolber, Kroft, Meighen, Oliver and Tkachuk (9).
In attendance: From the Parliamentary Research Branch, Library of Parliament: Mr. Marion Wrobel, Senior Analyst, Economics Division and Mr. Blayne Haggard, Research Officer.
Also present: The official reporters of the Senate.
WITNESSES:
From the Export Development Corporation:
Mr. A. Ian Gillespie, President and Chief Executive Officer;
Mr. Eric Siegel, Executive Vice-President, Medium and Long-Term Financial Services;
Mr. Gilles Ross, Senior Vice-President, Legal Services and Secretary;
Ms Louise Landry, Vice-President, Corporate Performance and Communications.
Pursuant to the Order of Reference adopted by the Senate on Tuesday, November 23, 1999, the committee resumed its examination into the present state of the domestic and international financial system and in particular its study of the Export Development Act. (See Issue No. 1, November 24, 1999, for the full text of the order of Reference.)
Mr. Gillespie made an opening statement and then, along with other witnesses, answered questions.
At 1:00 p.m., the committee adjourned to the call of the Chair.
ATTEST:
Gary Levy
Clerk of the Committee