Proceedings of the Standing Senate Committee on
National Finance

Issue 6 - Minutes of Proceedings - October 25, 2011

OTTAWA, Tuesday, October 25, 2011
(12)

[English]

The Standing Senate Committee on National Finance met this day, at 9:30 a.m., in room 9 Victoria Building, the chair, the Honourable Joseph A. Day, presiding.

Members of the committee present: The Honourable Senators Angus, Day, Dickson, Finley, Gerstein, Marshall, Nancy Ruth, Peterson, Ringuette and Runciman (10).

In attendance: Édison Roy-César and Sylvain Fleury, 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 Thursday, October 6, 2011, the committee continued its study on the potential reasons for price discrepancies in respect of certain goods between Canada and the United States, given the value of the Canadian dollar and the effect of cross border shopping on the Canadian economy. (For complete text of the order of reference, see proceedings of the committee, Issue No. 5.)

WITNESSES:

As individuals:

Ian Gordon, President, Convergence Management Consultants Ltd.;

Tom Vassos, University of Toronto (by video conference);

Michael Mulvey, University of Ottawa.

At 9:33 a.m., Mr. Gordon made a statement and answered questions.

At 10:30 a.m., Messrs. Vassos and Mulvey each made a statement and answered questions.

At 11:35 a.m., the committee adjourned to the call of the chair.

ATTEST:

Jodi Turner

Clerk of the Committee