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FINA Committee Meeting

Notices of Meeting include information about the subject matter to be examined by the committee and date, time and place of the meeting, as well as a list of any witnesses scheduled to appear. The Evidence is the edited and revised transcript of what is said before a committee. The Minutes of Proceedings are the official record of the business conducted by the committee at a sitting.

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MINUTES OF PROCEEDINGS

Meeting No. 103

Monday, September 14, 1998

The Standing Committee on Finance met in camera at 1:30 p.m. this day, in Room 371, West Block, the Chair, Maurizio Bevilacqua, presiding.

Members of the Committee present: Maurizio Bevilacqua, Dick Harris, Yvan Loubier, Gary Pillitteri and Nelson Riis.

Acting Member present: Carolyn Bennett for Roger Gallaway.

Other member present: Roy Cullen.

In attendance: From the Library of Parliament: Richard Domingue and Marion Wrobel, Research Officers.

Witnesses: From the Canadian Finance & Leasing Association: David Powell, President; From the Canadian Automobile Dealers Association: Huw Williams, Director, Public Affairs; From the Canadian Vehicle Manufacturers' Association: David C. Adams, Secretary and Director; From the G.E. Capital Canada: Bob Weese, Vice-President; Roman Oryschuk, President and CEO; From the Canadian Payments Association: Robert Hammond, General Manager; Doug Kreviazuk, Director, Policy and Planning; From the INTERAC Association: Judith Wolfson, President; Fred Harris, Senior Vice-President; Marc-André Lacombe, Corporate Secretary and Legal Counsel; From the Compcorp: Alan E. Morson, President; Gordon M. Dunning, Executive Vice-President; From the Ontario Securities Commission: Tannis MacLaren, Associate General Counsel; From the Quebec Securities Commission: Jean Laurin, Director; Dianne Jolie, Director; Martin Martin, Chief.

In accordance with its mandate under Standing Order 108(2), the Committee resumes a series of technical briefings on the Financial Services.

David Powell made an opening statement and answered questions.

Huw Williams made an opening statement and answered questions.

David C. Adams made an opening statement and answered questions.

Bob Weese made an opening statement and answered questions.

Roman Oryschuk made an opening statement and answered questions.

Roger Hammond made an opening statement and answered questions.

Judith Wolfson made an opening statement and, with Fred Harris and Marc-André Lacombe, answered questions.

At 4:00 o'clock p.m., the sitting was suspended.

At 5:20 o'clock p.m., the sitting resumed.

Alan E. Morson and Gordon M. Dunning made opening statements and answered questions.

Jean Laurin made an opening statement and, with Dianne Jolie, answered questions.

Tannis MacLaren made an opening statement and answered questions.

At 7:37 p.m., the Committee adjourned to the call of the Chair.

Jacques Lahaie


Clerk of the Committee