Proceedings of the Standing Senate Committee on
Banking, Trade and Commerce
Issue 5 - Minutes of Proceedings
OTTAWA, Thursday, June 15, 2006
(10)
[English]
The Standing Senate Committee on Banking, Trade and Commerce met at 10:45 a.m., this day, in room 9, Victoria Building, the Chair, the Honourable Jerahmiel S. Grafstein, presiding.
Members of the committee present: The Honourable Senators Angus, Biron, Campbell, Eyton, Fitzpatrick, Goldstein, Grafstein, Harb, Massicotte, Moore and Tkachuk (11).
Other senator present: The Honourable Senator Gustafson (1).
In attendance: Philippe Bergevin, June Dewetering and Sheena Starky, Research Officers, Library of Parliament.
Also in attendance: The official reporters of the Senate.
Pursuant to the Order of Reference adopted by the Senate on May 2, 2006, the committee began its study on issues dealing with interprovincial barriers to trade.
WITNESSES:
The Fraser Institute:
Fred McMahon, Director.
Canadian Chamber of Commerce:
Robert McKinstry, Senior Policy Analyst.
Montreal Economic Institute:
Robert Knox, Senior Fellow.
Canadian/American Border Trade Alliance:
Jim Phillips, President and CEO.
Buffalo World Trade Center:
Pat Whalen, Trade Consultant.
At 10:45 a.m., Mr. McMahon, Mr. McKinstry and Mr. Knox each made a statement and answered questions.
At 12:15 p.m., Mr. Phillips and Mr. Whalen each made a statement and answered questions.
At 1:00 p.m., the committee adjourned to the call of the Chair.
ATTEST:
OTTAWA, Wednesday, June 21, 2006
(11)
[English]
The Standing Senate Committee on Banking, Trade and Commerce met at 4:05 p.m., this day, in Room 9, Victoria Building, the Chair, the Honourable Jerahmiel S. Grafstein, presiding.
Members of the committee present: The Honourable Senators Biron, Fitzpatrick, Goldstein, Gustafson, Grafstein, Massicotte, Meighen, Moore and Tkachuk (9).
Other senator present: The Honourable Senator Campbell (1).
In attendance: June Dewetering and Sheena Starky, Research Officers, Library of Parliament.
Also in attendance: The official reporters of the Senate.
Pursuant to the Order of Reference adopted by the Senate on May 16, 2006, the committee continued its review of the Proceeds of Crime (Money Laundering) and Terrorist Financing act (S.C. 2000, c. 17) pursuant to section 72 of the said Act. (For the complete text of Order of Reference see proceedings of the committee, Issue No. 2.)
WITNESSES:
Financial Transactions and Reports Analysis Centre of Canada (FINTRAC):
Horst Intscher, Director;
Sandra Wing, Senior Deputy Director;
Peter Bulatovic, Assistant Director, Tactical Financial Intelligence;
Yvon Carrière, Senior Counsel;
James Butcher, Assistant Director, Regional Operations and Compliance, Operations Sector.
Office of the Privacy Commissionner:
Raymond D'Aoust, Assistant Privacy Commissioner;
Kris Klein, Legal Advisor;
Carman Baggaley, Senior Policy Analyst.
Office of the Information Commissioner of Canada:
J. Alan Leadbeater, Deputy Information Commissioner of Canada;
Daniel Brunet, Director, Legal Services.
Canadian Bankers Association:
Warren Law, Senior Vice-President, Corporate Operations and General Counsel;
Bill Dennison, Chief Anti-Money Laundering Compliance Officer, BMO Corporate Compliance;
Stephen Harvey, Senior Director, Global Head, Anti-Money Laundering Programs and Group Money Laundering Reporting Officer, CIBC.
The Ad Hoc Industry Group:
Debra Armstrong, Chief Counsel and Corporate Secretary, MBNA Canada Bank;
Ted Wilby, Assistant General Counsel, Capital One Bank (Canada Branch).
MasterCard Canada:
Jennifer Reed, Vice-President Public Affairs;
Bart Rubin, Counsel, Managing Regulatory Strategy and Canada Region.
At 4:05 p.m., Mr. Intscher, Ms. Wing and Mr. Bulatovic each made a statement and, together with the other witnesses, answered questions.
At 4:50 p.m., Mr. D'Aoust, and Mr. Leadbeater each made a statement and, together with the other witnesses, answered questions.
At 5:20 p.m., Mr. Law, Ms. Armstrong and Ms. Reed each made a statement and, together with the other witnesses, answered questions.
At 6:15 p.m., the committee adjourned to the call of the Chair.
ATTEST:
OTTAWA, Thursday, June 22, 2006
(12)
[English]
The Standing Senate Committee on Banking, Trade and Commerce met at 10:45 a.m., this day, in room 9, Victoria Building, the Chair, the Honourable Jerahmiel S. Grafstein, presiding.
Members of the committee present: The Honourable Senators Angus, Biron, Eyton, Goldstein, Grafstein, Massicotte, Moore and Tkachuk (8).
Other Senator present: The Honourable Senator Dawson (1).
In attendance: Philippe Bergevin, June Dewetering and Sheena Starky, Research Officers, Library of Parliament.
Also in attendance: The official reporters of the Senate.
Pursuant to the Order of Reference adopted by the Senate on May 16, 2006, the committee continued its review of the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (S.C. 2000, c. 17) pursuant to section 72 of the said act. (For the complete text of Order of Reference see proceedings of the committee, Issue No. 2.)
WITNESSES:
Certified General Accountants Association of Canada:
Everett Colby, Chair, CGA-Canada Tax and Fiscal Policy Committee.
Canadian Life and Health Insurance Association:
Jean-Pierre Bernier, Vice President and General Counsel.
Federation of Law Societies of Canada:
Kenneth G. Nielsen, Q.C., Chair, Committee on Anti-Money Laundering;
Jim Varro, Policy Counsel.
At 10:45 p.m., Mr. Colby and Mr. Bernier each made a statement and answered questions.
At 12:05 p.m., Mr. Nielsen made a statement and, together with the other witness, answered questions.
At 1:00 p.m., the committee adjourned to the call of the Chair.
ATTEST:
Line Gravel
Clerk of the Committee