Proceedings of the Standing Senate Committee on
National Finance

Issue No. 46 - Minutes of Proceedings - November 7, 2017 (morning meeting)

CALGARY, Tuesday, November 7, 2017
(113)

[Translation]

The Standing Senate Committee on National Finance met this day at 9:01 a.m., in Ballroom A/B of the Calgary Delta, the Honourable Percy Mockler presiding.

Senators present: The Honourable Senators Andreychuk, Cools, Jaffer, Marshall, Mockler, Neufeld, Oh and Pratte (8).

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

Also present: The official stenographers 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:

Calgary Chamber of Commerce:

Adam Legge, President and Chief Executive Officer.

Alberta Chambers of Commerce:

Ken Kobly, President and Chief Executive Officer.

Fiasco Gelato:

James Boettcher, Chief Executive Officer.

Bluesky Equities Ltd.:

Derrick Hunter, President.

The Honourable Senator Mockler made a statement.

Mr. Legge and Mr. Kobly each made a statement and answered questions.

At 10:10 a.m., the committee suspended.

At 10:14 a.m., the committee resumed.

Mr. Boettcher made a statement and answered questions.

At 10:52, the committee suspended.

At 11:02, the committee resumed.

Mr. Hunter made a statement and answered questions.

At 11:58 a.m., the committee adjourned.

ATTEST:

Gaëtane Lemay
Clerk of the Committee