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

Third Session, Fortieth Parliament, 2010

Chair: The Honourable MICHAEL A. MEIGHEN


Wednesday, November 17, 2010
Thursday, November 18, 2010

Issue No. 13

First and second meetings on:

Bill S-216, An Act to amend the Bankruptcy and Insolvency Act and the Companies' Creditors Arrangement Act in order to protect beneficiaries of long term disability benefits plans


WITNESSES:

Wednesday, November 17, 2010

Senate of Canada:

The Honourable Senator Art Eggleton, P.C., sponsor of the bill.

Federally Regulated Employers — Transportation and Communication (FETCO):

John P. Farrell, Executive Director.

Canadian Bankers Association:

Bill Randle, Assistant General Counsel and Foreign Bank Secretary;

Bill Kennedy, Vice President, Special Loans.

As an individual:

Patrick Shea, Lawyer.
 

Thursday, November 18, 2010

As individuals:

Diane A. Urquhart, Independent Financial Analyst;

Josée Marin.

Nortel Disabled Employees not represented by CAW Canada:

Susan Kennedy, Court-appointed Representative.

As an individual:

Peter Burns.

Council of Canadians with Disabilities (by video conference):

Jim Derkson, Consultant.

HealthCare Benefit Trust:

Jeremy Bell, Chief Actuary, Chief Investment Officer, Actuarial Services.

As an individual:

James Pierlot, Pension Lawyer and Consultant.

Canadian Life and Health Insurance Association:

Frank Swedlove, President.

Jean-Michel Laurin, Vice-President, Global Business Policy.


MEMBERS OF THE COMMITTEE

The Honourable Michael A. Meighen, Chair

The Honourable Céline Hervieux-Payette, P.C., Deputy Chair

and

The Honourable Senators:

*Cowan (or Tardif), Eggleton, P.C., Greene, Harb, Kochhar, *LeBreton, P.C. (or Comeau), Marshall, Martin, Merchant, Moore, Ogilvie, Plett

* 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 Honourable Senator Marshall replaced the Honourable Senator Gerstein (November 18, 2010).

The Honourable Senator Martin replaced the Honourable Senator Ataullahjan (November 18, 2010).

The Honourable Senator Ataullahjan replaced the Honourable Senator Patterson (November 18, 2010).

The Honourable Senator Plett replaced the Honourable Senator Mockler (November 18, 2010).

The Honourable Senator Ogilvie replaced the Honourable Senator Oliver (November 18, 2010).

The Honourable Senator Mockler replaced the Honourable Senator Housakos (November 18, 2010).

The Honourable Senator Harb replaced the Honourable Senator Massicotte (November 17, 2010).

The Honourable Senator Merchant replaced the Honourable Senator Ringuette (November 17, 2010).

The Honourable Senator Housakos replaced the Honourable Senator Mockler (November 16, 2010).

The Honourable Senator Patterson replaced the Honourable Senator Ataullahjan (November 16, 2010).

The Honourable Senator Eggleton, P.C., replaced the Honourable Senator Harb (November 15, 2010).

The Honourable Senator Greene replaced the Honourable Senator Marshall (November 12, 2010).