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

Issue 16 - Minutes of Proceedings - April 4, 2012

OTTAWA, Wednesday, April 4, 2012
(33)

[English]

The Standing Senate Committee on Banking, Trade and Commerce met this day at 4:15 p.m., in room 9, Victoria Building, the deputy chair, the Honourable Céline Hervieux-Payette, P.C., presiding.

Members of the committee present: The Honourable Senators Greene, Harb, Hervieux-Payette, P.C., Maltais, Massicotte, Moore, Ringuette, Smith (Saurel), Stewart Olsen and Tkachuk (10).

In attendance: John Bulmer and Adriane Yong, Analysts, Parliamentary Information and Research Service, Library of Parliament.

Also in attendance: The official reporters of the Senate.

Pursuant to the order of reference adopted by the Senate on Tuesday, January 31, 2012, the committee continued its review of the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (S.C. 2000, c. 17), pursuant to section 72 of the said Act. (For the complete text of the order of reference, see proceedings of the committee, Issue No. 9.)

WITNESSES:

Canadian Bar Association:

Ronald A. Skolrood, Member, CBA Proceeds of Crime Working Group;

Gaylene Schellenberg, Lawyer, Legislation and Law Reform.

Federation of Law Societies of Canada:

John J.L. Hunter, Q.C., President;

Frederica Wilson, Senior Director, Regulatory and Public Affairs.

The deputy chair made an opening statement.

Messrs. Hunter and Skolrood made statements, and together with Ms. Schellenberg and Ms. Wilson, answered questions.

At 5:15 p.m., the committee adjourned to the call of the chair.

ATTEST:

Adam Thompson

Clerk of the Committee