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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, September 28, 2005
Thursday, September 29, 2005

Issue No. 16

Eighteenth meeting on:

Consumer issues arising in the financial services sector

Third and fourth meetings on:

The present state of the domestic
and international financial system

WITNESSES

Wednesday, September 28, 2005
(The present state of the domestic and international financial system)

Department of Finance Canada:

Leonard L. Farber, General Director, Legislation, Tax Policy Branch;

Louise Levonian, Director, Business Income Tax Division, Tax Policy Branch;

Denis Normand, Senior Chief, Business Income Tax Division, Tax Policy Branch.

Canadian Association of Income Funds:

Stephen Probyn, President and CEO, Clean Power Income Fund;

George Kesteven, President of the Canadian Association of Income Funds and Manager, Investor Relations, Prime West Energy;

Marcel R. Coutu, President and CEO, Canadian Oilsands;

Paul Hollands, President and CEO, A&W Food Services of Canada Inc.

Thursday, September 29, 2005
(Consumer issues arising in the financial services sector)

Ombudsman for Banking Services and Investments:

David Agnew, Ombudsman and CEO;

Brigitte Boutin, Deputy Ombudsman.

(The present state of the domestic and international financial system)

As an individual:

Jack Mintz, President and Chief Executive Officer, C.D. Howe Institute.

Real Property Association of Canada:

Michael Brooks, Executive Director;

Chris Conway, Manager, Government Relations.

Investment Dealers Association of Canada:

Ian C.W. Russell, Senior Vice President, Industry Relations & Representation.

As individuals:

Oscar Belaiche, Vice-President and Portfolio Manager, Goodman & Company Investment Counsel, Dynamic Mutual Funds;

James Alexander McIntyre, Vice-President and Senior Portfolio Manager, Sentry Select Capital Corporation.

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, Goldstein, Harb, Hervieux-Payette, P.C.,
Kelleher, P.C., *Kinsella (or Stratton), Meighen, Moore, Oliver, Plamondon

*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 Tkachuk (September 28, 2005).

The name of the Honourable Senator Goldstein substituted for that of the Honourable Senator Massicotte (September 28, 2005).

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