Proceedings of the Standing Senate Committee on
National Finance
First Session, Forty-second Parliament, 2015-16-17
Chair: The Honourable PERCY MOCKLER
Monday, November 20, 2017
Issue No. 49
Second meeting:
Election of the chair
Twenty-third and twenty-fourth meetings:
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
WITNESSES
Monday, November 20, 2017 (morning)
As individuals:
Wade Locke, Professor of Economics and Department Head, Department of Economics, Memorial University of Newfoundland;
Doug May, Professor of Economics, Collaborative Allied Research in Economics (CARE) initiative, Memorial University of Newfoundland.
St. John's Board of Trade:
Dorothy Keating, Chair.
Newfoundland and Labrador Association of Realtors:
Bill Stirling, Chief Executive Officer.
HollisWealth, a division of Industrial Alliance Securities Inc.:
Larry Short, Portfolio Manager, Senior Investment Advisor and Executive Director, Private Client Group.
Monday, November 20, 2017 (afternoon)
Newfoundland and Labrador Federation of Labour:
Kerry Murray, Director of Policy.
Canadian Home Builders' Association — Newfoundland and Labrador:
Des Whelan, Chair.
LAT49 Architecture Inc.:
Jim Case, President.
As individuals:
Jason Sullivan, President, Stone Island Enterprises Inc.;
Dr. Paul Johnston, physician practicing in a teaching hospital;
Michael F. Power, Owner, Power & Associates;
Laurie Skinner, Chief Financial Officer.
MEMBERS OF THE COMMITTEE
The Honourable Percy Mockler, Chair
and
The Honourable Senators:
Andreychuk, Black, Campbell, Cools, *Day (or Mercer), Eaton, Forest, *Harder, P.C. (or Bellemare), (or Mitchell), Jaffer, Marshall, Oh, Pratte, *Smith (or Martin), *Woo (or Saint-Germain)
*Ex officio members
(Quorum 4)
Changes in membership of the committee:
Pursuant to rule 12-5 and to the order of the Senate of November 7, 2017, membership of the committee was amended as follows:
The Honourable Senator Oh replaced the Honourable Senator Neufeld (November 20, 2017).
The Honourable Senator Mockler was added to the membership (November 20, 2017).
The Honourable Senator Andreychuk was added to the membership (November 20, 2017).
The Honourable Senator Eaton was added to the membership (November 20, 2017).
The Honourable Senator Marshall was added to the membership (November 20, 2017).
The Honourable Senator Neufeld was added to the membership (November 20, 2017).
The Honourable Senator Day was added to the membership (November 20, 2017).
The Honourable Senator Jaffer was added to the membership (November 20, 2017).
The Honourable Senator Black was added to the membership (November 20, 2017).
The Honourable Senator Campbell was added to the membership (November 20, 2017).
The Honourable Senator Cools was added to the membership (November 20, 2017).
The Honourable Senator Forest was added to the membership (November 20, 2017).
The Honourable Senator Pratte was added to the membership (November 20, 2017).
The Honourable Senator Marshall was removed from the membership of the committee, substitution pending (November 19, 2017).
The Honourable Senator Cools was removed from the membership of the committee, substitution pending (November 19, 2017).
The Honourable Senator Day was removed from the membership of the committee, substitution pending (November 19, 2017).
The Honourable Senator Mockler was removed from the membership of the committee, substitution pending (November 19, 2017).
The Honourable Senator Pratte was removed from the membership of the committee, substitution pending (November 19, 2017).
The Honourable Senator Neufeld was removed from the membership of the committee, substitution pending (November 19, 2017).
The Honourable Senator Jaffer was removed from the membership of the committee, substitution pending (November 19, 2017).
The Honourable Senator Moncion was removed from the membership of the committee, substitution pending (November 19, 2017).
The Honourable Senator Andreychuk was removed from the membership of the committee, substitution pending (November 19, 2017).
The Honourable Senator Forest was removed from the membership of the committee, substitution pending (November 19, 2017).
The Honourable Senator Black was removed from the membership of the committee, substitution pending (November 19, 2017).
The Honourable Senator Oh was removed from the membership of the committee, substitution pending (November 19, 2017).
The Honourable Senator Frum was removed from the membership of the committee, substitution pending (November 19, 2017).