Journals of the Senate
46 Elizabeth II, A.D. 1997, Canada
Journals of the Senate
Issue 22 - Appendix
Wednesday, November 26, 1997
1:30 p.m.
The Honourable Gildas L. Molgat, Speaker
WEDNESDAY, November 26, 1997
The Standing Senate Committee on Banking, Trade and Commerce has the honour to present its
FOURTH REPORT
Your Committee, which was authorized by the Senate on Wednesday, October 22, 1997, to examine and report upon the present state of the financial system in Canada and to present its final report no later than December 10, 1998, respectfully requests that it be empowered to engage the services of such counsel and technical, clerical and other personnel as may be necessary, and to adjourn from place to place within and outside Canada for the purpose of its examination.
Pursuant to section 2:07 of the Procedural Guidelines for the Financial Operation of Senate Committees, the budget submitted to the Standing Committee on Internal Economy, Budgets and Administration and the report thereon of that Committee are appended to this report.
Respectfully submitted,
MICHAEL KIRBY
Chairman
STANDING COMMITTEE ON BANKING, TRADE AND COMMERCE
EXAMINATION OF THE FINANCIAL SYSTEM IN CANADA
APPLICATION FOR BUDGET AUTHORIZATION
FOR THE FISCAL
YEAR ENDING MARCH 31, 1998
ORDER OF REFERENCE
Extract from the Journals of the Senate, Wednesday, October 22, 1997:
"The Honourable Senator Carstairs for the Honourable Senator Kirby moved, seconded by the Honourable Senator Callbeck:
THAT, the Standing Senate Committee on Banking, Trade and Commerce be authorized to examine and report upon the present state of the financial system in Canada;
THAT the Committee have the power to permit coverage by electronic media of its public proceedings with the least possible disruption of its hearings; and
THAT the Committee submit its final report no later than December 10, 1998.
The question being put on the motion, it was adopted."
SUMMARY OF EXPENDITURES
| PROFESSIONAL AND OTHER SERVICES | $ 34,940 |
| TRANSPORTATION AND COMMUNICATIONS | $ 198,646 |
| OTHER EXPENDITURES | $ 22,000 |
| TOTAL | $ 255,586 |
The above budget was approved by the Standing Committee on Banking, Trade and Commerce Committee on the 18th day of the month of November, 1997.
The undersigned or an alternate will be in attendance on the date that this budget is considered.
_________________________________________________________ ______________
Chairman, Standing Senate Committee on Banking, Trade and Commerce Date
_________________________________________________________ ______________
Chairman, Standing Committee on Internal Economy, Budgets and Administration Date
FOR INFORMATION ONLY
PAST BUDGET
| Total budget approved for special study for fiscal year 1996-97: | $156,817.00 |
| Expenditures to March 31, 1997: | $ 58,636.00 |
STANDING COMMITTEE ON BANKING, TRADE AND COMMERCE
EXPLANATION OF BUDGET ITEMS
PROFESSIONAL AND OTHER SERVICES
| 1. Professional Services (0401) Expert consultants for communications and other services (to be determined) (40 days x $500 per day) |
$ 20,000
|
| 2. Reporting and Transcribing Services (0403) Official reporters on contract for public hearings (3 reporters at $40/h x 6 h per day for 2 days of testimony)
|
$ 1,440
|
| 3. Hospitality by the Committee (0410) 6 working lunches hosted by Committee when out-of-country (at $1,000 per function)
|
$ 6,000
|
| 4. Conference Registration Fees (0406)
|
$ 1,000
|
| 5. Translation and Interpretation Services
(0412) Services of technicians and equipment for electronic recording during public hearings (ISTS Inc. for 2 days)
|
$ 2,000
|
| 6. Meals (0415) Working lunches and dinners (15 lunches or suppers at $300 each)
|
$ 4,500
|
| Total
|
$ 34,940
|
TRANSPORTATION AND COMMUNICATIONS
| 1. Travel expenses (0203)
|
|
| A. Committee travel from Ottawa - London
-Paris or Amsterdam or Berlin - Ottawa
|
|
| 12 Senators 1 Committee Clerk 1 Researcher 4 Committee Assistants 18 participants
|
|
| a) Air Transportation: 12 Senators (at business fare) x $4,600 and 6 staff (at economy fare) x $3,700
|
$ 77,400
|
| b) Ground Transportation: 22 taxis (or equivalent in mini-buses) x $30 x 18 participants plus 4 Senators (first class train to Paris) x $279 and 2 staff (economy train to Paris) x $181
|
$ 13,358
|
| c) Per Diem: 12 days x $112 x 18 participants
|
$ 24,192
|
| d) Hotel Accommodations: 11 nights x $270 per night for 18 participants
|
$ 53,460
|
| TOTAL (Air Transportation, Ground
Transportation, Per Diem, Hotel Accommodations)
|
$ 168,410
|
| B. Committee travel from Ottawa - Toronto-
Ottawa
|
|
| 12 Senators 1 Committee Clerk 1 Researcher 2 Committee Assistants 3 Interpreters 3 Reporters 1 Committee Staff 23 participants
|
|
| a) Air Transportation: 23 participants (at full economy fare) x $500
|
$ 11,500
|
| b) Ground Transportation: 4 taxis (or equivalent in mini-buses) x $25 x 23 participants
|
$ 2,300
|
| c) Per Diem: 2 days x $49.55 x 23 participants
|
$ 2,279
|
| d) Hotel Accommodations: 2 nights x $110 x 23 participants
|
$ 5,060
|
| TOTAL (Air Transportation, Ground
Transportation, Per Diem, Hotel Accommodations)
|
$ 21,139
|
| 2. Participation by Committee members and/or staff in meetings or at conferences outside of Ottawa
|
|
| Note: This amount is based on two (2) persons attending three (3) different meetings or conferences
|
|
| Airfare (2 persons x 3 meetings x $500)
|
$ 3,000
|
| Ground Transportation (2 persons x 3 meetings x $25 x 4 taxis)
|
$ 600
|
| Per Diem (2 persons x 3 meetings x $49.55 x 1 day)
|
$ 297
|
| Total
|
$ 3,897
|
| 3. Courier Services (0213)
|
$ 200
|
| 4. Telecommunications (0223) (such as video conferencing)
|
$ 5,000
|
ALL OTHER EXPENDITURES
| 1. Meeting rooms rentals (0500)
|
$ 2,000
|
| 2. Purchase of books, newspapers and
periodicals (0702) Purchase of electronic periodical
|
$ 10,000
|
| 3. Computer software over $1,000 (0906) Purchase of financial data
|
$ 9,000
|
| 4. Miscellaneous (0799)
|
$ 1,000
|
| Total
|
$ 22,000
|
SUMMARY OF EXPENDITURES
| PROFESSIONAL AND OTHER SERVICES
|
$ 34,940
|
| TRANSPORTATION AND COMMUNICATIONS
|
$ 198,646
|
| OTHER EXPENDITURES
|
$ 22,000
|
| TOTAL
|
$ 255,586
|
The Senate administration has reviewed this budget application.
__________________________________________ ____________________
Gary O'Brien
Date
Director of Committees and Private Legislation
__________________________________________ ____________________
Siroun Aghajanian, Director of Finance Date
APPENDIX (B) TO THE REPORT
THURSDAY, November 20, 1997
The Standing Committee on Internal Economy, Budgets and Administration has examined and approved the budget presented to it by the Standing Senate Committee on Banking, Trade and Commerce for the proposed expenditures of the said Committee for the fiscal year ending March 31, 1998 for the purpose of its Examination of the Financial System in Canada as authorized by the Senate on Wednesday October 22, 1997. The said budget is as follows:
|
Professional and Other Services |
$ 34,940 |
|
Transportation and Communications |
198,646 |
|
All Other Expenditures |
22,000 |
|
TOTAL |
$ 255,586 |
Respectfully submitted,
WILLIAM ROMPKEY
Chairman