Proceedings of the Standing Senate Committee on
National Finance
Issue 20 - Minutes of Proceedings
OTTAWA, Monday, May 2, 2005
(25)
[English]
The Standing Senate Committee on National Finance met at 12:37 p.m., this day, in room 705, Victoria Building, the Chair, the Honourable Donald H. Oliver, presiding.
Members of the committee present: The Honourable Senators Austin, P.C., Biron, Cools, Day, Downe, Ferretti Barth, Murray, P.C., Oliver, Ringuette and Stratton (10).
Other senator present: The Honourable Senator Massicotte (1).
In attendance: Guy Beaumier, Research Officer, Library of Parliament.
Also in attendance: The official reporters of the Senate.
Pursuant to the Order of Reference adopted by the Senate on Wednesday, April 20, 2005, the committee contunued its consideration of Bill C-33, A second Act to implement certain provisions of the budget tabled in Parliament on March 23, 2004. (For complete text of the Order of Reference, please seeIssue No. 19 of the proceedings of the committee.)
WITNESSES:
Canadian Bar Association:
Brian R. Carr, Co-Chair, CBA-CICA Joint Committee on Taxation and Chair of CBA National Taxation Law Section.
Canadian Institute of Chartered Accountants:
Paul B. Hickey, Co-Chair, CBA-CICA Joint Committee on Taxation.
As individuals:
Roger Tassé;
Scott Wilkie.
The Muttart Foundation:
Bob Wyatt, Executive Director.
Imagine Canada:
Georgina Steinsky-Schwartz, President and CEO.
Philanthropic Foundations Canada:
Hilary Pearson, President and CEO.
Department of Finance Canada:
Len Farber, General Director, Assistant Deputy Minister's Office, Tax Policy Branch;
Carl Juneau, Senior Tax Policy Advisor.
Canada Revenue Agency:
Wayne Adams, Director General, Income Tax Rulings Directorate, Policy and Planning Branch.
Department of Justice Canada:
Yvan Roy, ADM and Counsel to the Department of Finance, Office of the Assistant Deputy Minister, Department of Finance, Law Branch.
The Chair made a statement.
The committee discussed its agenda.
It was moved by the Honourable Senator Stratton that Mr. Marc Lalonde be invited to appear before the committee.
After debate, the question being put on the motion, it was adopted.
The Chair made a statement.
Mr. Carr made a statement. Mr. Hickey made a statement. The witnesses answered questions.
The Chair made a statement.
Mr. Tassé made a statement. Mr. Wilkie made a statement. The witnesses answered questions.
At 3:40 p.m., the committee suspended.
At 3:46 p.m., the committee resumed.
The Chair made a statement.
Ms. Steinsky-Schwartz made a statement. Mr. Wyatt made a statement. Ms. Pearson made a statement. The witnesses answered questions.
It was agreed to invite officials from the Department of Finance Canada to answer questions.
Mr. Farber and Mr. Juneau answered questions.
The Chair made a statement.
Mr. Adams made a statement. Mr. Roy made a statement. The witnesses answered questions.
The Chair made a statement.
The Chair outlined the committee's future business.
At 5:58 p.m., the committee adjourned to the call of the Chair.
ATTEST:
Catherine Piccinin
Clerk of the Committee