OTTAWA, Wednesday, May 8, 2002
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[Français]

The Standing Committee on Banking, Trade and Commerce met at 4:10 p.m. this day, in room 505, Victoria Building, the Chair, the Honourable Senator Kolber, presiding.

Members of the committee present: The Honourable Senators Furey, Hervieux-Payette, P.C., Kolber, Kroft, Mahovlich, Oliver, Setlakwe and Tkachuk (8).

In attendance: From the Parliamentary Research Branch, Library of Parliament, Economic Division: Ms June Dewetering, Acting Principal and Mr. Alexandre Laurin, Research Officer.

Also in attendance: The official reporters of the Senate.

Pursuant to the Order of Reference adopted by the Senate on Tuesday, March 20, 2001, the committee resumed its examination into the present state of the domestic and international financial system. (See Issue No. 6, March 28, 2001, for full text of the Order of Reference.)

WITNESS:

From Rosen & Associates Limited:

Mr. L. S. (Al) Rosen, President.

Mr. Rosen made a statement and answered questions.

At 5:45 p.m., the committee adjourned to the call of the Chair.

ATTEST:

Denis Robert

Clerk of the Committee