Proceedings of the Standing Senate Committee on
National Finance
Issue 7 - Minutes of Proceedings
OTTAWA, Wednesday, May 26, 2010
(17)
[English]
The Standing Senate Committee on National Finance met this day at 6:45 p.m. in room 9, Victoria Building, the deputy chair, the Honourable Irving Gerstein, presiding.
Members of the committee present: The Honourable Senators Banks, Callbeck, Dickson, Finley, Gerstein, Manning, Murray, P.C., Neufeld, Ringuette and Runciman (10).
In attendance: Lydia Scratch and Sylvain Fleury, Analysts, Parliamentary Information and Research Service, Library of Parliament; and Francine Pressault, Communications Officer, Communications Directorate.
Also in attendance: The official reporters of the Senate.
Pursuant to the order of reference adopted by the Senate on Tuesday, April 27, 2010, the committee began its examination of the costs and benefits of Canada's one-cent coin to Canadian taxpayers and the overall Canadian economy.
WITNESSES:
Department of Finance Canada:
Wayne Foster, Director, Financial Markets Division, Financial Sector Policy Branch;
Ian Wright, Chief, Government Financing, Financial Sector Policy Branch.
Royal Canadian Mint:
Beverley A. Lepine, Chief Operating Officer;
J. Marc Brûlé, Chief Financial Officer.
Bank of Canada:
Pierre Duguay, Deputy Governor.
The chair made an opening statement.
Mr. Foster, Ms. Lepine and Mr. Duguay each made a presentation and, together with Messrs. Wright and Brûlé, answered questions.
At 8:25 p.m., the committee adjourned to the call of the chair.
ATTEST:
OTTAWA, Tuesday, June 1, 2010
(18)
[English]
The Standing Senate Committee on National Finance met this day at 9:30 a.m. in room 9, Victoria Building, the deputy chair, the Honourable Irving Gerstein, presiding.
Members of the committee present: The Honourable Senators Callbeck, Dickson, Eggleton, P.C., Finley, Gerstein, Marshall, Neufeld, Poulin (Charette), Ringuette and Runciman (10).
In attendance: Lydia Scratch and Sylvain Fleury, Analysts, Parliamentary Information and Research Service, Library of Parliament; and Francine Pressault, Communications Officer, Communications Directorate.
Also in attendance: The official reporters of the Senate.
Pursuant to the order of reference adopted by the Senate on Tuesday, April 27, 2010, the committee continued its examination of the costs and benefits of Canada's one-cent coin to Canadian taxpayers and the overall Canadian economy.
WITNESSES:
Mouvement Desjardins:
François Dupuis, Vice-President and Chief Economist;
Jean-Pierre Aubry, Economic Consultant.
As individuals:
John Palmer, Associate Professor, Department of Economics, University of Western Ontario;
Dinu Chande, Economics Teacher, Glebe Collegiate Institute.
The chair made an opening statement.
Mr. Palmer, Mr. Chande, Mr. Dupuis and Mr. Aubry each made a presentation and, together, answered questions.
At 11:06 a.m., the committee adjourned to the call of the chair.
ATTEST:
OTTAWA, Wednesday, June 2, 2010
(19)
[English]
The Standing Senate Committee on National Finance met this day at 6:45 p.m. in room 9, Victoria Building, the chair, the Honourable Joseph A. Day, presiding.
Members of the committee present: The Honourable Senators Callbeck, Day, Dickson, Finley, Gerstein, Marshall, P.C., Neufeld, Ringuette and Runciman (9).
In attendance: Lydia Scratch and Sylvain Fleury, Analysts, Parliamentary Information and Research Service, Library of Parliament; Francine Pressault, Communications Officer, Communications Directorate.
Also in attendance: The official reporters of the Senate.
Pursuant to the order of reference adopted by the Senate on Thursday, May 27, 2010, the committee began its examination of the expenditures set out in Supplementary Estimates (A) for the fiscal year ending March 31, 2011.
WITNESSES:
Treasury Board of Canada Secretariat:
David Enns, Associate Assistant Secretary;
Brian Pagan, Executive Director, Expenditure Operations and Estimates Division;
Ken Wheat, Senior Director, Expenditure Operations.
The chair made an opening statement.
Mr. Enns made a presentation and, together with Mr. Pagan and Mr. Wheat, answered questions.
At 8:50 p.m., the committee adjourned to the call of the chair.
ATTEST:
Adam Thompson
Clerk of the Committee