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

First Session, Thirty-eighth Parliament, 2004-05

Chair: The Honourable JERAHMIEL S. GRAFSTEIN

Wednesday, April 20, 2005
Thursday, April 21, 2005

Issue No. 11

Second meeting on:

Domestic and international financial system

and

Tenth meeting on:

Consumer issues arising in the financial services sector

INCLUDING:
THE NINTH REPORT OF THE COMMITTEE
(Application for budget authorization for the fiscal year ending March 31, 2006: Study on consumer issues arising in the financial services sector)

THE TENTH REPORT OF THE COMMITTEE
(Application for budget authorization for the fiscal year ending March 31, 2006: Study on demographics)

THE ELEVENTH REPORT OF THE COMMITTEE
(Application for budget authorization for the fiscal year ending March 31, 2006: Study on the present state of the domestic and international financial system)

THE TWELFTH REPORT OF THE COMMITTEE
(Application for budget authorization for the fiscal year ending March 31, 2006: Study on interprovincial barriers to trade)

THE THIRTEENTH REPORT OF THE COMMITTEE
(Application for budget authorization for the fiscal year ending March 31, 2006: Study on productivity)

WITNESSES:

Wednesday, April 20, 2005

Bank of Canada:

David Dodge, Governor;

Paul Jenkins, Senior Deputy Governor.

Thursday, April 21, 2005

Canadian Bankers Association:

Raymond J. Protti, President and Chief Executive Officer;

Terry Campbell, Vice-President, Policy;

Caroline Hubberstey, Director, Public and Community Affairs.

Insurance Bureau of Canada:

Stanley I. Griffin, President and Chief Executive Officer;

Mark Yakabuski, Vice-President, Federal Affairs and Ontario.

Insurance Brokers Association of Canada:

Ken Orr, Chair of the Board;

Francesca Iacurto, Director of Public Affairs.

MEMBERS OF THE COMMITTEE

The Honourable Jerahmiel S. Grafstein, Chair

The Honourable W. David Angus, Deputy Chair

and

The Honourable Senators:

*Austin, P.C., (or Rompkey, P.C.), Biron, Fitzpatrick, Harb, Hervieux-Payette, P.C., Kelleher, P.C., *Kinsella, (or Stratton), Massicotte, Meighen, Moore, Plamondon, Tkachuk

*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 Oliver substituted for that of the Honourable Senator Kelleher, P.C. (April 18, 2005).

The name of the Honourable Senator Gustafson substituted for that of the Honourable Senator Meighen (April 18, 2005).

The name of the Honourable Senator St. Germain, P.C. substituted for that of the Honourable Senator Tkachuk (April 18, 2005).

The name of the Honourable Senator Chaput substituted for that of the Honourable Senator Fitzpatrick (April 20, 2005).

The name of the Honourable Senator Eggleton, P.C. substituted for that of the Honourable Senator Hervieux-Payette, P.C. (April 20, 2005).

The name of the Honourable Senator Kelleher, P.C. substituted for that of the Honourable Senator Oliver (April 20, 2005).

The name of the Honourable Senator Meighen substituted for that of the Honourable Senator Gustafson (April 20, 2005).

The name of the Honourable Senator Tkachuk substituted for that of the Honourable Senator St. Germain, P.C. (April 20, 2005).

The name of the Honourable Senator Fitzpatrick substituted for that of the Honourable Senator Chaput (April 21, 2005).

The name of the Honourable Senator Hervieux-Payette, P.C. substituted for that of the Honourable Senator Eggleton, P.C. (April 21, 2005).

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