Proceedings of the Standing Senate Committee on
Banking, Trade and Commerce
Issue 10 - Minutes of Proceedings
OTTAWA, Wednesday, March 5, 2008
(17)
[English]
The Standing Senate Committee on Banking, Trade and Commerce met at 4:15 p.m., this day, in room 9, Victoria Building, the chair, the Honourable W. David Angus, presiding.
Members of the committee present: The Honourable Senators Angus, Biron, Eyton, Goldstein, Harb, Jaffer, Meighen, Moore, Ringuette and Tkachuk (10).
In attendance: June Dewetering and Philippe Bergevin, Analysts, Parliamentary Information and Research Services, Library of Parliament.
Also in attendance: The official reporters of the Senate.
Pursuant to the order of reference adopted by the Senate on Tuesday, November 20, 2007, the committee continued its study of the present state of the domestic and international financial system. (For complete text of the order of reference, see proceedings of the committee, Issue No. 3.)
WITNESSES:
Property and Casualty Insurance Compensation Corporation (PACICC):
Paul Kovacs, President and Chief Executive Officer.
Assuris:
Michael Hale, Executive Vice President.
Department of Finance Canada:
Diane Lafleur, Director, Financial Sector Division, Financial Sector Policy Branch;
Sandra Dunn, Chief, Financial Sector Division, Financial Sector Stability, Financial Sector Policy Branch;
Michèle Legault, Chief, Structural Issues, Financial Sector Division, Financial Sector Policy Branch.
Industry Canada:
Roger Charland, Senior Director, Corporate and Insolvency Law Policy and Internal Trade.
Mr. Kovacs and Mr. Hale each made a statement and answered questions.
At 5:17 p.m., the committee suspended.
At 5:22 p.m., the committee resumed.
Mr. Charland and Mrs. Lafleur each made a statement and, together with Mrs. Dunn and Mrs. Legault, answered questions.
At 5:55 p.m., pursuant to rule 92(2)(e), the committee proceeded in camera to study its draft agenda (future business).
At 6:20 p.m., the committee adjourned to the call of the chair.
ATTEST:
OTTAWA, Thursday, March 6, 2008
(18)
[English]
The Standing Senate Committee on Banking, Trade and Commerce met at 10:50 a.m., this day, in room 9, Victoria Building, the chair, the Honourable W. David Angus, presiding.
Members of the committee present: The Honourable Senators Angus, Eyton, Goldstein, Harb, Jaffer, Meighen, Moore, Ringuette and Tkachuk (9).
Other senator present: The Honourable Senator Gustafson (1).
In attendance: June Dewetering and Philippe Bergevin, Analysts, Parliamentary Information and Research Services, Library of Parliament.
Also in attendance: The official reporters of the Senate.
Pursuant to the orders of reference adopted by the Senate on November 20, 2007, the committee continued its study of issues dealing with interprovincial barriers to trade in Canada. (For complete text of the order of reference, see proceedings of the committee, Issue No. 3.)
APPEARING:
The Honourable Jim Prentice, P.C., M.P., Minister of Industry.
WITNESS:
Industry Canada:
Paul Boothe, Senior Associate Deputy Minister.
Minister Prentice made a statement and, together with the other witness, answered questions.
At 12:08 p.m., the committee suspended.
At 12:15 p.m., the committee resumed.
Pursuant to the order of reference adopted by the Senate on Tuesday, November 20, 2007, the committee continued its study of the present state of the domestic and international financial system. (For complete text of the order of reference, see proceedings of the committee, Issue No. 3.)
WITNESSES:
Agriculture and Agri-Food Canada:
Jody Aylard, Director General, Finance and Renewal Programs Directorate;
Jean-Denis Méthot, Manager, Planning and Coordination, Renewal Division.
Mrs. Aylard made a statement and, together with the other witness, answered questions.
At 1:15 p.m., the committee adjourned to the call of the chair.
ATTEST:
Line Gravel
Clerk of the Committee