Proceedings of the Standing Senate Committee on
Banking, Trade and Commerce
Issue 3 - Minutes of Proceedings
OTTAWA, Thursday, March 15, 2001
(4)
[English]
The Standing Committee on Banking, Trade and Commerce met at 11:10 a.m. this day, in Room 505, Victoria Building, the Chairman, the Honourable Senator Kolber, presiding.
Members of the committee present: The Honourable Senators Furey, Finestone, P.C., Kolber, Kroft, Meighen, Poulin, Setlakwe, Tkachuk and Wiebe (9).
In attendance: Mr. Stephen L. Harris, and from the Parliamentary Research Branch, Library of Parliament, Law and Government Division: Mr. Geoff Kieley, Research Officer.
Also in attendance: The official reporters of the Senate.
APPEARING:
Roy Cullen, M.P., Parliamentary Secretary to the Minister of Finance.
WITNESSES:
From the National Archives of Canada:
Ian E. Wilson, National Archivist;
Lee McDonald, Assistant National Archivist.
From the Department of Finance:
Charles Seeto, Director, Financial Sector;
Richard Lalonde, Chief, Financial Crimes Section;
Patricia M. Smith, Deputy Director, Policy, Liaison, Compliance and Public Affairs, Financial Transactions and Reports Analysis Centre of Canada;
Yvon Carrière, Senior Counsel, Transition Team, Financial Transactions and Reports Analysis Centre of Canada;
Peter Sankoff, Counsel, Human Rights Law Section, Department of Justice.
Pursuant to the Order of Reference adopted by the Senate on Thursday, March 1, 2001, the committee began its examination of Bill S-16, An Act to amend the Proceeds of Crime (Money Laundering) Act.
Mr. Wilson made a statement and, with Mr. McDonald, answered questions.
Mr. Cullen made a statement and with the witnesses from the Department of Finance answered questions.
At 12:30 p.m., the committee adjourned to the call of the Chair.
ATTEST:
Denis Robert
Clerk of the Committee