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FINA Committee Meeting

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MINUTES OF PROCEEDINGS

Meeting No. 67

Thursday, May 18, 2000

The Standing Committee on Finance met at 3:37 p.m. this day, in Room 209, West Block, the Chair, Maurizio Bevilacqua, presiding.

Members of the Committee present: Maurizio Bevilacqua, Roy Cullen and Roger Gallaway.

Acting Member present: Paul Forseth for Ken Epp.

In attendance: From the Library of Parliament: Marion Wrobel, Senior Analyst.

Appearing: From the Department of Finance: Roy Cullen, Parliamentary Secretary to the Finance Minister.

Witnesses: From the Department of Finance: Brian Ernewein, Director, Tax Legislation Division, Tax Policy Branch; Gérard Lalonde, Senior Chief, Tax Legislation Division, Tax Policy Branch; John Hayward, Chief, Personal Income Tax Division, Tax Policy Branch.

The Order of Reference dated Wednesday, May 17, 2000, was read as follows:

ORDERED, -- That Bill C-25, An Act to amend the Income Tax Act, the Excise Tax Act and the Budget Implementation Act, 1999.

The Chair called Clause 1.

The Parliamentary Secretary made a statement and, with other witnesses from the Department of Finance, answered questions.

At 4:57 p.m., the Committee adjourned to the call of the Chair.

Pat Steenberg

Clerk of the Committee