Proceedings of the Standing Senate Committee on
National Finance

Issue No. 49 - Minutes of Proceedings - November 20, 2017 (afternoon meeting)

ST. JOHN'S, Monday, November 20, 2017
(120)

[Translation]

The Standing Senate Committee on National Finance met this day at 1:03 p.m., in Salon C/D of the St. John's Sheraton Newfoundland, the chair, the Honourable Percy Mockler, presiding.

Members of the committee present: The Honourable Senators Andreychuk, Cools, Marshall, Mockler and Oh (5).

In attendance: Sylvain Fleury, Analyst, 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:

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, KMK Capital Inc.

The chair made a statement.

Mr. Murray, Mr. Whelan and Mr. Case each made a statement and answered questions.

At 2:03 p.m., the committee suspended.

At 2:15 p.m., the committee resumed.

Mr. Sullivan, Dr. Johnston, Mr. Power and Ms. Skinner each made a statement and answered questions.

At 3:28 p.m., the committee adjourned to the call of the chair.

ATTEST:

Gaëtane Lemay
Clerk of the Committee