Proceedings of the Standing Senate Committee on
National Finance

Issue No. 41 - Minutes of Proceedings - October 18, 2017

OTTAWA, Wednesday, October 18, 2017
(102)

[Translation]

The Standing Senate Committee on National Finance met this day at 6:47 p.m., in room 9, Victoria Building, the chair, the Honourable Percy Mockler, presiding.

Members of the committee present: The Honourable Senators Andreychuk, Black, Cools, Eaton, Forest, Mockler, Moncion, Neufeld, Oh and Pratte (10).

In attendance: Sylvain Fleury and Alex Smith, Analysts, Parliamentary Information and Research Service, Library of Parliament.

Also present: The official reporters of the Senate.

Pursuant to the order of reference adopted by the Senate on Tuesday, September 26, 2017, the committee continued its study on the Minister of Finance's proposed changes to the Income Tax Act respecting the taxation of private corporations and the tax planning strategies involved. (For complete text of the order of reference, see proceedings of the committee, Issue No. 39.)

WITNESSES:

Chartered Professional Accountants Canada:

Bruce Ball, Vice-President, Taxation.

Business Council of Canada:

Brian Kingston, Vice-President, Policy, International and Fiscal Issues.

Canadian Federation of Independent Business:

Corinne Pohlmann, Senior Vice-President, National Affairs and Partnerships.

Mr. Ball, Mr. Kingston and Ms. Pohlmann each made an opening statement and answered questions.

At 8:38 p.m., the committee adjourned to the call of the chair.

ATTEST:

Gaëtane Lemay
Clerk of the Committee