BANC - Standing Committee

Banking, Commerce and the Economy

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36-2 36th Parliament, 2nd Session (October 12, 1999 - October 22, 2000)
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Proceedings of the Standing Senate Committee on
Banking, Trade and Commerce

Issue 11 - Minutes of Proceedings

OTTAWA, Wednesday, May 3, 2000
(19)

[English]

The Standing Senate Committee on Banking, Trade and Commerce met this day at 3:45 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., Kolber, Kroft, Meighen, Oliver, Poulin and Tkachuk (11).

Other senator present: The Honourable Senator Wilson.

In attendance: From the Parliamentary Research Branch, Library of Parliament, Gerald M. Lafrenière, Research Officer.

Also present: The official reporters of the Senate.

WITNESSES:

From Democracy Watch:

Mr. Duff Conacher, Coordinator.

From Citizens' Council on Corporate Issues:

Mr. Gil Yaron.

From Social Investment Organization:

Mr. Eugene Ellmen, Executive Director.

From the Taskforce on Churches and Corporate Responsibility:

Mr. William R. Davis;

Father Richard Soo, S.J.

Pursuant to the Order of Reference adopted by the Senate on Thursday, April 6, 2000, the Committee proceeded to study Bill S-19, to amend the Canada Business Corporations Act and the Canada Cooperatives Act and to amend other Acts in consequence. (See Issue No. 10, April 13, 2000, for the full text of the order of Reference.)

Mr. Conacher made an opening statement and then answered questions.

Mr. Yaron made an opening statement and then answered questions.

Mr. Ellmen made an opening statement and then answered questions.

Mr. Davis made an opening statement and then, along with Father Soo, answered questions.

At 5:50 p.m. the Committee adjourned in camera.

It was moved by Senator Angus -- That the Standing Committee on Banking, Trade and Commerce travel to Chicago for meetings on Tuesday, May 30 and Wednesday, May 31, and -- That one Library of Parliament researcher and two staff members from each side accompany the committee.

At 6:00 p.m. the committee adjourned to the call of the Chair.

ATTEST:

Gary Levy

Clerk of the Committee