Proceedings of the Standing Senate Committee on
National Finance

Issue No. 43 - Minutes of Proceedings - November 1, 2017 (evening meeting)

OTTAWA, Wednesday, November 1, 2017
(110)

[Translation]

The Standing Senate Committee on National Finance met this day at 6:48 p.m., in room 9, Victoria Building, the Honourable Percy Mockler presiding.

Senators present: The Honourable Senators Andreychuk, Bellemare, Cools, Forest, Jaffer, Marshall, Mockler, Moncion, Oh and Pratte (10).

In attendance: Alex Smith and Sylvain Fleury, 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:

Canadian Chamber of Commerce:

The Honourable Perrin Beatty, P.C., President and Chief Executive Officer;

Hendrik Brakel, Senior Director, Economic, Financial and Tax Policy.

Coalition for Small Business Tax Fairness:

Jason Burggraaf, Policy and Government Relations Advisor;

Loren Kroeker, Senior Vice President, Taxation Services.

Kingston Advocacy for Small Business:

Jason Skilnick, Member and Spokesperson;

Karen Sands, Member and Spokesperson.

Alliance concerning the 2017 Tax Reform:

Benedict Leung, Liaison (by video conference).

Mr. Beatty, Mr. Burggraaf, Mr. Skilnick and Mr. Leung each made a statement and, together with Mr. Brakel, Mr. Kroeker and Ms. Sands, answered questions.

At 8:31 p.m., the committee adjourned.

ATTEST:

Gaëtane Lemay

Clerk of the Committee