Proceedings of the Standing Senate Committee on
National Finance

Issue No. 47 - Minutes of Proceedings - November 8, 2017 (afternoon meeting)

SASKATOON, Wednesday, November 8, 2017
(116)

[Translation]

The Standing Senate Committee on National Finance met this day at 1:03 p.m., in the Adam Room, Delta Bessborough Hotel, 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 Services, 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:

MNP LLP:

Tanya Knight, Senior Vice-President, Client Service;

Kim Drever, Partner, Taxation Services.

Agriculture Producers Association of Saskatchewan:

Todd Lewis, President.

As an individual:

Terry Youzwa, Independent Farmer.

Saskatoon & Region Home Builders' Association:

Chris Guérette, Chief Executive Officer.

Regina & Region Home Builders' Association:

Stu Niebergall, President and Chief Executive Officer.

Ms. Knight made a statement and, together with Ms. Drever, answered questions.

At 2:02 p.m., the committee suspended.

At 2:10 p.m., the committee resumed.

Mr. Lewis and Mr. Youzwa each made a statement and answered questions.

At 3:08 p.m., the committee suspended.

At 3:13 p.m., the committee resumed.

Ms. Guérette and Mr. Niebergall each made a statement and answered questions.

At 4 p.m., the committee adjourned.

ATTEST:

Gaëtane Lemay
Clerk of the Committee