Past Session:

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

Second Session,Thirty-seventh Parliament, 2002-03

Chair: The Honourable RICHARD H. KROFT

Thursday, October 30, 2003

Issue No. 29

Second and last meeting on: Bill S-21, An Act to amalgamate the Canadian Association of Insurance and Financial Advisors and The Canadian Association of Financial Planners under the name The Financial Advisors Association of Canada

and

First meeting on: Bill C-48, An Act to amend the Income Tax Act (natural resources)

INCLUDING: THE FOURTEENTH REPORT OF THE COMMITTEE
(Bill S-21, An Act to amalgamate the Canadian Association of Insurance and Financial Advisors and The Canadian Association of Financial Planners under the name The Financial Advisors Association of Canada)

APPEARING:

Bryon Wilfert, M.P., Parliamentary Secretary to the minister of Finance

WITNESSES:

From the Department of Finance:

Ms. Louise Levonian, Director, Business Income Tax, Department of Finance;

Mr. James Greene, Chief, Resource and Environmental Tax Section, Department of Finance;

Mr. Gerard Lalonde, Assistant Director, Tax Legislation Division, Tax Policy Branch, Department of Finance.

From the Indian Resource Council of Canada:

Mr. Roy Fox, President and CEO;

Chief Ernest Wesley, Stoney First Nation, Alberta and Chairman of the Board;

Mr. Larry Kaida, Assistant to the President;

Mr. Doug Rae, Legal Counsel;

Ms. Marilyn Buffalo, Senior Policy Advisor, Samson Cree Nation.

From the Green Budget Coalition:

Ms. Catherine Coumans, Mining Watch Canada, Research Coordinator.

From the Sierra Club of Canada:

Ms. Elizabeth May, Executive Director.

MEMBERS OF THE COMMITTEE

The Honourable Richard H. Kroft, Chair

The Honourable David Tkachuk, Deputy Chair

and

The Honourable Senators:

Angus, Biron, *Carstairs, P.C. (or Robichaud, P.C.), Fitzpatrick, Hervieux-Payette, P.C., Kelleher, P.C., Kroft, *Lynch-Staunton (or Kinsella), Mahovlich, Massicotte, Moore, Oliver, Prud'homme, P.C.

*Ex Officio Members

Change in membership of the committee:

Pursuant to rule 85(4), membership of the committee was amended as follows:

The name of the Honourable Senator Mahovlich substituted for that of the Honourable Senator Kolber (October 30, 2003).

Banking, Commerce and the Economy