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

Second Session, Thirty-ninth Parliament, 2007

Chair: The Honourable W. DAVID ANGUS

Wednesday, December 5, 2007
Thursday, December 6, 2007

Issue No. 3

First meeting on:
Issues dealing with interprovincial barriers to trade in Canada

and

Second meeting on:
Bill C-12, An Act to amend the Bankruptcy and Insolvency Act, the Companies' Creditors Arrangement Act, the Wage Earner Protection Program Act and chapter 47 of the Statutes of Canada, 2005

and

First and second meetings on:
The present state of the domestic and international financial system

APPEARING:

Wednesday, December 5, 2007

The Honourable James M. Flaherty, P.C., M.P., Minister of Finance

WITNESSES:

Wednesday, December 5, 2007

Department of Finance Canada:

Serge Dupont, Assistant Deputy Minister, Financial Sector Policy Branch;

Denis Gauthier, Assistant Deputy Minister, Economic Development and Corporate Finance.

Canadian Association of Insolvency and Restructuring Professionals (CAIRP):

Kevin Brennan, Vice-Chair (CAIRP), Senior Vice-President, Ernst & Young Inc.;

Claude Gilbert, Past Chair (CAIRP), Senior Vice-President, PricewaterhouseCoopers Inc..

Thursday, December 6, 2007

Bank of Canada:

David A. Dodge, Governor of the Bank of Canada;

Paul Jenkins, Senior Deputy Governor.

MEMBERS OF THE COMMITTEE

The Honourable W. David Angus, Chair

The Honourable Yoine Goldstein, Deputy Chair

and

The Honourable Senators:

Biron, Eyton, Harb, *Hervieux-Payette, P.C. (or Tardif), *LeBreton, P.C. (or Comeau), Massicotte, Meighen, Moore, Poulin, Ringuette, Tkachuk

*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 Massicotte substituted for that of the Honourable Senator Peterson (November 29, 2007).

The name of the Honourable Senator Poulin substituted for that of the Honourable Senator Fitzpatrick (December 6, 2007).