FINA Committee Meeting

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MINUTES OF PROCEEDINGS

Meeting No. 44

Monday, May 26, 2008

The Standing Committee on Finance met at 3:31 p.m. this day, in Room 214, Wellington Building, the Chair, Rob Merrifield, presiding.

Members of the Committee present: Paul Crête, Dean Del Mastro, Rick Dykstra, Jean-Yves Laforest, Hon. John McKay, Rob Merrifield, Thomas J. Mulcair and Mike Wallace.

Acting Members present: Ken Boshcoff for Hon. Garth Turner, Mario Silva for Hon. John McCallum and John Williams for Ted Menzies.

In attendance: Library of Parliament: June Dewetering, Principal Analyst.

Witnesses: Investment Industry Association of Canada: Ian Russell, President and Chief Executive Officer; Barbara Amsden, Director, Capital Markets. Canadian Federation of Independent Business: Garth Whyte, Executive Vice-President ; Corinne Pohlmann, Vice-President, National Affairs. Canadian Restaurant and Foodservices Association: Joyce Reynolds, Executive Vice-President, Government Affairs. Canadian Manufacturers and Exporters of Quebec: Jean-Luc Trahan, President and Chief Executive Officer. United Steelworkers: Erin Weir, Economist.

Pursuant to the Order of Reference of Thursday, April 10, 2008, the Committee resumed consideration of Bill C-50, An Act to implement certain provisions of the budget tabled in Parliament on February 26, 2008 and to enact provisions to preserve the fiscal plan set out in that budget.

The witnesses made statements and answered questions.

At 5:17 p.m., the sitting was suspended.

At 5:18 p.m., the sitting resumed.

The Committee proceeded to the consideration of matters related to Committee business.

Paul Crête moved, — That the Committee set aside one meeting to examine the Supplementary Estimates (A) for fiscal year 2008–2009 as soon as possible after the clause-by-clause consideration of Bill C-50, An Act to implement certain provisions of the budget tabled in Parliament on February 26, 2008 and to enact provisions to preserve the fiscal plan set out in that budget.

Debate arose thereon.

By unanimous consent, after debate, the question was put on the motion and it was agreed to.

At 5:25 p.m., the Committee adjourned to the call of the Chair.

Jean-François Pagé
Clerk of the Committee

2008-05-27 3:42 p.m.