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. 3

Tuesday, February 10, 2009

The Standing Committee on Finance met in a televised session at 9:01 a.m. this day, in Room 253-D, Centre Block, the Chair, James Rajotte, presiding.

Members of the Committee present: Hon. Maxime Bernier, Robert Carrier, Bob Dechert, Daryl Kramp, Jean-Yves Laforest, Hon. John McCallum, Hon. John McKay, Ted Menzies, Thomas J. Mulcair, Massimo Pacetti, James Rajotte and Mike Wallace.

Acting Members present: Martha Hall Findlay for Hon. John McCallum and Martha Hall Findlay for Massimo Pacetti.

In attendance: Library of Parliament: Philippe Bergevin, Analyst ; Mark Mahabir, Analyst.

Witnesses: Bank of Canada: Mark Carney, Governor; Paul Jenkins, Senior Deputy Governor.

Pursuant to Standing Order 108(2), the Committee proceeded to a briefing on the Economic Situation in Canada.

Mark Carney made a statement and, with Paul Jenkins, answered questions.

At 9:58 a.m., the sitting was suspended.

At 10:02 a.m., the sitting resumed.

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

Jean-Yves Laforest moved, — That the Finance Committee consult stakeholders regarding the Canada Revenue Agency’s decision to modify the tax treatment of postdoctoral trainees and self-employed workers in computer science; and

That, one meeting be held to hear from officials from the Department of Finance and the Canada Revenue Agency, one representative from the Postdoctoral Fellows Association and one representative from self-employed workers in computer science.

After debate, by unanimous consent, the motion was withdrawn.

Massimo Pacetti moved, — That to avoid future misunderstandings, so the committee can increase the effiency of our work, the routine proceedings of the Finance Committee regarding the order of speakers should be clarified to read as follows:

When a witness appears:

1st round:
1) Liberal - 7 mins
2) Bloc Québécois - 7 mins
3) Conservative - 7 mins
4) NDP - 7 mins

2nd round:
1) Liberal - 5 mins
2) Bloc Québécois - 5 mins
3) Conservative - 5 mins

3rd round:
1) Liberal - 5 mins
2) Conservative - 5 mins

4th round:
1) Liberal - 5 mins
2) Conservative - 5 mins
3) NDP - 5 mins

When a Minister appears:

1st round:
1) Liberal - 7 mins
2) Bloc Québécois - 7 mins
3) NDP - 7 mins
4) Conservative - 7 mins

2nd round:
1) Liberal - 5 mins
2) Bloc Québécois - 5 mins
3) Conservative - 5 mins

3rd round:
1) Liberal - 5 mins
2) Conservative - 5 mins

4th round:
1) Liberal - 5 mins
2) Conservative - 5 mins
3) NDP - 5 mins .

Daryl Kramp moved, — That the motion be amended by replacing the words after “When a witness appears” with the words:

1rst round
1) Liberal
2) Bloc Québécois
3) NDP
4) Conservative

2nd round
1) Liberal
2) Conservative
3) Bloc Québécois
4) Conservative

3rd round
1) Liberal
2) Conservative
3) NDP
4) Conservative.

After debate, by unanimous consent, the amendment was withdrawn.

After debate, by unanimous consent, the motion was withdrawn.

At 11:00 a.m., the Committee adjourned to the call of the Chair.

Jean-François Pagé
Clerk of the Committee

2010/01/05 10:58 a.m.