Proceedings of the Standing Senate Committee on
Banking, Trade and Commerce
Issue 23 - Sixth Report of the Committee
Wednesday, June 27, 2012
The Standing Senate Committee on Banking, Trade and Commerce has the honour to present its
SIXTH REPORT
Your committee, which was authorized by the Senate on Tuesday, January 31, 2012 to undertake a review of the Proceeds of Crime (Money Laundering) and Terrorist Financing Act, respectfully requests funds for the fiscal year ending March 31, 2013, and requests, for the purpose of such study, that it be empowered:
(a) to engage the services of such counsel, technical, clerical and other personnel as may be necessary; and
(b) to travel outside Canada.
Pursuant to Chapter 3:06, section 2(1)(c) of the Senate Administrative Rules, 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,
IRVING R. GERSTEIN
Chair
STANDING SENATE COMMITTEE ON
BANKING, TRADE AND COMMERCE
REVIEW OF THE PROCEEDS OF CRIME (MONEY LAUNDERING) AND
TERRORIST FINANCING ACT
(S.C. 2000, C. 17)
APPLICATION FOR BUDGET AUTHORIZATION
FOR THE FISCAL YEAR ENDING MARCH 31, 2013
Extract from the Journals of the Senate of January 31, 2012:
With leave of the Senate,
The Honourable Senator Carignan moved, seconded by the Honourable Senator Rivard:
That the Standing Senate Committee on Banking, Trade and Commerce be authorized to undertake a review of the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (S.C. 2000, c. 17), pursuant to section 72 of the said Act; and
That the committee submit its final report no later than May 31, 2012.
The question being put on the motion, it was adopted.
Extract from the Journals of the Senate of Tuesday, June 26, 2012:
The Honourable Senator Carignan moved, seconded by the Honourable Senator Eaton:
That, notwithstanding the orders of the Senate adopted on Tuesday, January 31, 2012, Tuesday, May 15, 2012 and Tuesday, June 19, 2012, the date for the final report of the Standing Senate Committee on Banking, Trade and Commerce in relation to its review of the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (S.C. 2000, c. 17) be further extended from June 29, 2012, to December 31, 2012.
The question being put on the motion, it was adopted.
Gary W. O'Brien
Clerk of the Senate
SUMMARY OF EXPENDITURES
| Professional and Other Services | $2,200 |
| Transportation and Communications | $44,460 |
| All Other Expenditures | $3,050 |
| TOTAL | $49,710 |
The above budget was approved by the Standing Senate Committee on Banking, Trade and Commerce on _____________.
The undersigned or an alternate will be in attendance on the date that this budget is considered.
_______________________________________________________________________________Date The Honourable Irving R. Gerstein, Senator
Chair, Standing Senate Committee on Banking, Trade and Commerce
_______________________________________________________________________________
Date
The Honourable David Tkachuk, Senator
Chair, Standing Senate Committee on Internal Economy, Budgets and
Administration
GENERAL ESTIMATE OF THE TOTAL COST OF
THE SPECIAL STUDY
Pursuant to Chapter 3:06, section 2(2) of the
Senate Administrative Rules.
$49,710.
STANDING SENATE COMMITTEE ON
BANKING, TRADE AND COMMERCE
REVIEW OF THE PROCEEDS OF CRIME (MONEY LAUNDERING) AND TERRORIST FINANCING ACT
EXPLANATION OF BUDGET ITEMS APPLICATION FOR BUDGET
AUTHORIZATION
FOR THE FISCAL YEAR ENDING MARCH 31, 2013
| ACTIVITY 1: Washington | ||||||
| FACT-FINDING | ||||||
| 14 participants: 12 Senators, 2 staff | ||||||
| (1 clerk, 1 analyst) | ||||||
| PROFESSIONAL AND OTHER SERVICES | ||||||
| 1. | Hospitality - meals (0410) | 2,200 | ||||
| Sub-total | $2,200 | |||||
| TRANSPORTATION AND COMMUNICATIONS | ||||||
| TRAVEL | ||||||
| 1. | Transportation - air | 25,200 | ||||
| 12 senators x $1,800 (0224) | ||||||
| 2 staff x $1,800 (0227) | ||||||
| 2. | Hotel accommodation | 9,800 | ||||
| 12 senators, $350/night, 2 nights (0222) | ||||||
| 2 staff, $350/night, 2 nights (0226) | ||||||
| 3. | Per diem | 3,780 | ||||
| 12 senators, $90/day, 3 days (0221) | ||||||
| 2 staff, $90/day, 3 days (0225) | ||||||
| 4. | Working meals (travel) (0231) | 1,000 | ||||
| 5. | Taxis | 1,680 | ||||
| 12 senators x $120 (0223) | ||||||
| 2 staff x $120 (0232) | ||||||
| 6. | Charter bus (0228) | 3,000 | ||||
| (3 days, $1,000/day) | ||||||
| Sub-total | $44,460 | |||||
| ALL OTHER EXPENDITURES | ||||||
| 1. | Miscellaneous costs associated with travel (0229) | 1,000 | ||||
| PRINTING | ||||||
| 2. | Printing (0321) | 50 | ||||
| RENTALS | ||||||
| 3. | Rental office space (meeting rooms) (0540) | 2,000 | ||||
| (2 days, $1,000/day) | ||||||
| Sub-total | $3,050 | |||||
| Total of Activity 1 | $49,710 | |||||
| Grand Total | $ 49,710 | |||||
The Senate administration has reviewed this budget application.
______________________________________________________Heather Lank, Principal Clerk, Date
Committees Directorate
______________________________________________________
Nicole Proulx, Director of Finance and Procurement
Date
APPENDIX (B) TO THE REPORT
Wednesday, June 27, 2012
The Standing Committee on Internal Economy, Budgets and Administration has examined 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, 2013 for the purpose of its review of the proceeds of crime (money laundering) and terrorist financing act, as authorized by the Senate on Tuesday, January 31, 2012. The said budget is as follows:
Professional and Other Services $ 2 200 Transportation and Communications 44,460 All Other Expenditures 3 050 Total $ 49,710
(includes funds for fact-findings mission)
Respectfully submitted,
DAVID TKACHUK
Chair