Report of the committee
Thursday, December 7, 2017
The Standing Senate Committee on Banking, Trade and Commerce has the honour to present its
EIGHTEENTH REPORT
Your committee, which was authorized by the Senate on Tuesday, October 17, 2017, to study and report on issues and concerns pertaining to cyber security and cyber fraud, respectfully requests funds for the fiscal year ending March 31, 2018.
Pursuant to Chapter 3:06, section 2(1)(c) of the Senate Administrative Rules, the budget submitted to the Standing Committee on Internal Economy, Budgets and Administration and the report thereon of that committee are appended to this report.
Respectfully submitted,
DOUGLAS BLACK
Chair
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STANDING SENATE COMMITTEE ON BANKING, TRADE AND COMMERCE
Study on issues and concerns pertaining to cyber security and cyber fraud
APPLICATION FOR BUDGET AUTHORIZATION FOR THE FISCAL YEAR ENDING MARCH 31, 2018
Extract from the Journals of the Senate of Tuesday, October 17, 2017:
The Honourable Senator Day moved, seconded by the Honourable Senator Eggleton, P.C.:
That the Standing Senate Committee on Banking, Trade and Commerce be authorized to study and report on issues and concerns pertaining to cyber security and cyber fraud, including:
• cyber threats to Canada’s financial and commercial sectors;
• identity theft, privacy breach and other fraudulent activities targeting Canadian consumers and small businesses;
• the current state of cyber security technologies; and
• cyber security measures and regulations in Canada and abroad.
That the committee submit its final report no later than Friday, June 29, 2018, and that the committee retain all powers necessary to publicize its findings until 180 days after the tabling of the final report.
The question being put on the motion, it was adopted.
Clerk of the Senate
Nicole Proulx
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SUMMARY OF BUDGET
| Activity 1: Conference: Wall Street Journal Pro Cybersecurity Executive Forum, New York, New York, December 13, 2017 | $ | 19,064 | |
| TOTAL | $ | 19,064 | |
The above budget was approved by the Standing Senate Committee on Banking, Trade and Commerce on Thursday, November 30, 2017.
The undersigned or an alternate will be in attendance on the date that this budget is considered.
| Date | Président du Comité sénatorial permanent des banques et du commerce DOUGLAS BLACK Chair, Standing Senate Committee on Banking, Trade and Commerce | |
| Date | Président du Comité permanent de la régie interne, des budgets et de l’administration LARRY W. CAMPBELL Chair, Standing Committee on Internal Economy, Budgets and Administration |
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STANDING SENATE COMMITTEE ON BANKING, TRADE AND COMMERCE
Study on issues and concerns pertaining to cyber security and cyber fraud
EXPLANATION OF BUDGET ITEMS
APPLICATION FOR BUDGET AUTHORIZATION FOR THE FISCAL YEAR ENDING MARCH 31, 2018
| ACTIVITY 1: Conference: Wall Street Journal Pro Cybersecurity Executive Forum, New York, New York, December 13, 2017 | ||||||
| 4 participants: 3 Senators, 1 analyst | ||||||
| PROFESSIONAL AND OTHER SERVICES | ||||||
| OTHER | ||||||
| 1. | Conference fees (0406) ($850 US x 1.2087 exchange rate) | 4,356 | ||||
| (4 participants x $1,089) | ||||||
| Sub-total | $4,356 | |||||
| TRANSPORTATION, ACCOMMODATION AND LIVING EXPENSES | ||||||
| 1. | Transportation - air | 9,500 | ||||
| 3 senators x $2,500 (0224) | ||||||
| 1 staff x $2,000 (0227) | ||||||
| 2. | Hotel accommodation | 2,600 | ||||
| 3 senators, $650/night, 1 night (0222) | ||||||
| 1 staff, $650/night, 1 night (0226) | ||||||
| 3. | Per diem | 1,008 | ||||
| 3 senators, $126/day, 2 days (0221) | ||||||
| 1 staff, $126/day, 2 days (0225) | ||||||
| 4. | Taxis | 600 | ||||
| 3 senators x $150 (0223) | ||||||
| 1 staff x $150 (0232) | ||||||
| Sub-total | $13,708 | |||||
| ALL OTHER EXPENDITURES | ||||||
| OTHER | ||||||
| 1. | Miscellaneous costs associated with travel (0229) | 1,000 | ||||
| Sub-total | $1,000 | |||||
| Total of Activity 1 | $19,064 | |||||
| Grand Total | $19,064 | |||||
The Senate Administration has reviewed this budget application.
| Date | Blair Armitage, Principal Clerk, Committees Directorate | |
| Date | Nathalie Charpentier, Comptroller, Finance and Procurement Directorate |
APPENDIX (B) TO THE REPORT
Thursday, December 7, 2017
The Standing Committee on Internal Economy, Budgets and Administration has examined the budget presented to it by the Standing Senate Committee on Banking, Trade and Commerce for the proposed expenditures of the said committee for the fiscal year ending March 31, 2018, for the purpose of its special study on issues and concerns pertaining to cyber security and cyber fraud, as authorized by the Senate on Tuesday, October 17, 2017. The approved budget is as follows:
| Activity 1: Conference: Wall Street Journal Pro Cybersecurity Executive Forum, New York, New York, December 13, 2017 | $ | 19,064 | |
| TOTAL | $ | 19,064 | |
(includes funds for a conference; includes funds for 3 senators to travel)
The budgets approved by the Senate for each travel activity are the maximum amount that can be spent for that activity;
Budgets normally include funds for the full membership of the committee to travel;
In general, a reduced delegation actually travels and efforts are made to find additional savings;
Therefore, actual expenditures are expected to be considerably below the approved budget, and they will be reported to the Senate;
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Any funds remaining at the conclusion of a travel activity will be clawed-back and can be made available for allocation to committees for other activities.
Respectfully submitted,
LARRY W. CAMPBELL
Chair