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

Issue 5 - Fifth Report of the Committee

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Thursday, June 22, 2006

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

FIFTH REPORT

Your Committee which was authorized by the Senate on Tuesday, May 2, 2006, to examine and report on issues dealing with demographic change that will occur in Canada within the next two decades, respectfully requests for the purpose of this study that it be empowered to engage the services of such counsel, technical, clerical and other personnel as may be necessary.

Pursuant to Chapter 3:06, section 2(1)(c) of the Senate Administrative Rules, the budget submitted to the Standing Committee on Internal Economy, Budgets and Administration and the report thereon of that Committee are appended to this report.

Respectfully submitted,

JERAHMIEL S. GRAFSTEIN

Chair

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STANDING SENATE COMMITTEE ON
BANKING, TRADE AND COMMERCE

SPECIAL STUDY ON DEMOGRAPHICS

APPLICATION FOR BUDGET AUTHORIZATION
FOR THE FISCAL YEAR ENDING MARCH 31, 2007

Extract from the Journals of the Senate of Tuesday, May 2, 2006

The Honourable Senator Grafstein moved, seconded by the Honourable Senator Moore:

That the Standing Senate Committee on Banking, Trade and Commerce be authorized to examine and report on issues dealing with the demographic change that will occur in Canada within the next two decades; the implications of that change for Canada's economy, labour market and retirement income system; and federal actions that could be taken to ensure that any implications of future demographic change are, to the extent possible, properly addressed; and

That the papers and evidence received and taken on the subject during the Thirty-eighth Parliament and any other relevant Parliamentary papers and evidence on the said subject be referred to the Committee; and

That the Committee submit its final report no later than June 30, 2006.

After debate,
The question being put on the motion, it was adopted.

Paul C. Bélisle

Clerk of the Senate

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SUMMARY OF EXPENDITURES

Professional and Other Services	$ 9,000
Transportation and Communications	0
All Other Expenditures	1,500
TOTAL	$ 10,500

The above budget was approved by the Standing Senate Committee on Banking, Trade and Commerce on Wednesday, May 31, 2006.

The undersigned or an alternate will be in attendance on the date that this budget is considered.

Date		The Honourable Jerry Grafstein
		Chair, Standing Senate Committee on Banking, Trade and Commerce

Date		The Honourable George J. Furey
		Chair, Standing Committee on Internal Economy, Budgets, and Administration

FOR INFORMATION ONLY