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

First Session Thirty-seventh Parliament, 2001

Chairman: The Honourable E. LEO KOLBER
Thursday, June 7, 2001

Issue No. 18

First and last meeting on: Bill C-22, An Act to amend the Income Tax Act, the Income Tax Application Rules, certain Acts related to the Income Tax Act, the Canada Pension Plan, the Customs Act, the Excise Tax Act, the Modernization of Benefits and Obligations Act and another Act related to the Excise Tax Act

INCLUDING:
THE SIXTH REPORT OF THE COMMITTEE (Bill C-8)
THE SEVENTH REPORT OF THE COMMITTEE (Bill C-13)
THE EIGHTH REPORT OF THE COMMITTEE (Bill C-26) AND
THE NINTH REPORT OF THE COMMITTEE (Bill C-22)


APPEARING:

Roy Cullen, M.P., Parliamentary Secretary to the Minister of Finance

WITNESSES:

From the Department of Finance

Gérald Lalonde, Senior Chief, Tax Legislation Division;

Wallace Conway, Chief, Corporate Reorganization and Capital Gains;

Lise Potvin, Senior Chief, Employment and Investment;

Kevin Shoom, Tax Policy Officer, Personal Income Tax Division, Tax Policy Branch.


MEMBERS OF THE COMMITTEE

The Honourable E. Leo Kolber, Chairman

The Honourable David Tkachuk, Deputy Chairman

and

The Honourable Senators:

Angus * Carstairs, P.C. (or Robichaud, P.C.) Furey Hervieux-Payette, P.C. Kelleher, P.C. Kroft * Lynch-Staunton (or Kinsella) Meighen Oliver Poulin Setlakwe Wiebe

* 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 Kroft substituted for that of the Honourable Senator Kenny (June 7, 2001).

The name of the Honourable Senator Poulin substituted for that of the Honourable Senator Banks (June 7, 2001).