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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Meeting No. 85
MINUTES OF PROCEEDINGS
Tuesday, May 12, 1998
The Standing Committee on Finance met at 3:34 o’clock p.m., this day, in Room 362, East Block, the Acting Chair, Gary Pillitteri, presiding.
Members of the Committee present: Maurizio Bevilacqua, Roger Gallaway, Yvan Loubier, Gary Pillitteri, Karen Redman, Gerry Ritz, Paul Szabo, Paddy Torsney
and Tony Valeri.
In attendance: From the Research Branch of the Library of Parliament: Marion G. Wrobel, Research Officer.
Witnesses: From the Office of the Superintendent of Financial Institutions of Canada: Nicholas Le Pan, Deputy Superintendent, Operations. From the Canadian Chamber of Commerce: Timothy Reid, President; Jean-Louis Massé, Assistant Vice-President, Actuarial Services, Canadian Pacific; Carol Tarachuk, Legal Counsel.
In accordance with the Order of Reference of the House of Commons of Wednesday, April 22, 1998, the Committee resumed consideration of Bill S-3, An Act to amend the Pension Benefits Standards Act, 1985 and the Office of the Superintendent of Financial Institution Act. (See Minutes of Proceedings of Tuesday, May 12, 1998, Meeting No. 84).
Timothy Reid and Jean-Louis Massé made statements and, with Nicholas Le Pan, answered questions.
At 4:21 o’clock p.m., the sitting was suspended.
At 4:31 o’clock p.m., the sitting resumed.
The Committee proceeded to clause-by-clause consideration of the Bill.
Clause 1 to 30 carried severally.
The Title carried.
The Bill carried.
ORDERED, - That the Chair report Bill S-3 to the House.
At 4:34 o’clock p.m. the Committee adjourned to the call of the Chair.
ERIC JANSE
Co-clerk of the Committee