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

First Session, Thirty-ninth Parliament, 2006-07

Chair: The Honourable JERAHMIEL S. GRAFSTEIN

Wednesday, February 28, 2007
Thursday, March 1, 2007

Issue No. 16

First and second meetings on:

Study of the Bill C-26, An Act to amend the Criminal Code (criminal interest rate)

APPEARING:

Wednesday, February 28, 2007

Rob Moore, M.P., Parliamentary Secretary to the Minister of Justice

Colin Carrie, M.P., Parliamentary Secretary to the Minister of Industry

WITNESSES:

Wednesday, February 28, 2007

Department of Justice Canada:

William (Bill) Bartlett, Senior Counsel;

Matthew Taylor, Counsel.

Industry Canada:

Michael Jenkin, Director General, Office of Consumer Affairs;

David Clarke, Senior Analyst, Consumer Policy.

Thursday, March 1, 2007

As an individual:

The Honourable Madeleine Plamondon.

Alterna Savings:

Norman Ayoub, Senior Vice-President, Chief Operating Officer;

Robert A. Whitelaw, Director, Alterna Convenience Loan Project.

Canadian Payday Loan Association (CPLA):

Stan Keyes, President;

Norm Bishop, Corporate Secretary.

Rentcash Inc.:

Michael Thompson, Vice-President;

Michael Teeter, Consultant.

MEMBERS OF THE COMMITTEE

The Honourable Jerahmiel S. Grafstein, Chair

The Honourable W. David Angus, Deputy Chair

and

The Honourable Senators:

Baker, P.C., Biron, Eyton, Fitzpatrick, Goldstein, Harb, *Hervieux-Payette, P.C., (or Tardif), *LeBreton, P.C., (or Comeau), Massicotte, Meighen, Moore, Oliver

*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 (February 16, 2007).

The name of the Honourable Senator Baker, P.C. substituted for that of the Honourable Senator Ringuette (February 27, 2007).