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

Issue 12 - Minutes of Proceedings

OTTAWA, Thursday, May 4, 2000
(20)

[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, Fitzpatrick, Furey, Kelleher, P.C., Kolber, Kroft, Meighen, Oliver, Poulin and Tkachuk (10).

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 the Association de protection des épargnants et investisseurs du Québec:

Mr. Yves Michaud, Founding Chair;

Mr. Paul Lussier, President;

Mr. Réjean Belzile, Professor, Faculty of Accounting Science, Université du Québec à Montréal.

From Agropur, Coopérative agroalimentaire:

Mr. Jacques Cartier, President;

Mr. Serge Riendeau, Vice-President;

Mr. André Gauthier, Corporate Secretary;

Mr. Yvon Martineau, Fasken Martineau DuMoulin.

From the Canadian Co-operative Association:

Ms Mary Pat MacKinnon, Director, Government Affairs; and

Mr. Joseph Dierker, Gauley & Company.

Pursuant to the Order of Reference adopted by the Senate on Thursday, April 6, 2000, the committee proceeded to study Bill S-19, An Act 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. Michaud made an opening statement and then, along with other witnesses, answered questions.

Mr. Cartier made an opening statement and then, along with other witnesses, answered questions.

Ms MacKinnon made an opening statement and then, along with Mr. Dierker, answered questions.

At 1:00 p.m. the committee adjourned to the call of the Chair.

ATTEST:

Gary Levy

Clerk of the Committee