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BANC - Standing Committee

Banking, Commerce and the Economy


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

Issue 1 - First Report of the Committee


Thursday, February 12, 2004

The Standing Senate Committee on Banking, Trade and Commerce has the honour to table its

FIRST REPORT

Your Committee, which was authorized by the Senate to incur expenses for the purpose of its examination and consideration of such legislation and other matters as were referred to it, reports, pursuant to Rule 104 of the rules, that the expenses incurred by the Committee during the Second Session of the Thirty-seventh Parliament are as follows:

1. With respect to its examination and consideration of legislation:

Professional and other services   

  $ 32,261

Transportation and Communications   

  $ 40

All other expenditures   

  $ 65

Witness expenses   

  $ 10,719

TOTAL   

  $ 43,085

2. With respect to its special study on the financial system in Canada authorized by the Senate on Wednesday, October 23, 2002:

Professional and other services   

 $ 65,158

Transportation and Communication   

  $ 51,919

All other expenditures   

$ 8,100

Witness expenses   

 $ 5,727

TOTAL   

  $ 130,904

3. With respect to its special study on bankruptcy authorized by the Senate on Tuesday, October 29, 2002:

Professional and other services   

  $ 48,377

Transportation and Communications   

  $ 140

All other expenditures   

  $ 0

Witness expenses   

  $ 3,376

TOTAL   

  $ 51,893

4. With respect to its special study on bank mergers authorized by the Senate on Wednesday, November 6, 2002:

Professional and other services   

  $ 2,228

Transportation and Communications   

  $ 0

All other expenditures   

  $ 57

Witness expenses   

 $ 0

TOTAL   

  $ 2,285

Your Committee examined 5 bills (C-3, C-48, C-249, S-2 and S-21).

During the session, your Committee held 51 meetings (110 hours), heard 193 witnesses and submitted 16 reports in relation to its work.

Respectfully submitted,

RICHARD H. KROFT

Chairman


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