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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. 83

Wednesday, October 4, 2000

The Standing Committee on Finance met at 3:35 p.m. this day, in Room 112-N, Centre Block, the Chair, Maurizio Bevilacqua, presiding.

Members of the Committee present: Carolyn Bennett, Maurizio Bevilacqua, Roy Cullen, Ken Epp, Roger Gallaway, Yvan Loubier, Pauline Picard and Gary Pillitteri.

In attendance: From the Library of Parliament: Blayne Haggart, Researcher; Marion Wrobel, Senior Analyst. From Committees Directorate: Catherine Barrette, Procedural Clerk.

Witnesses: From the T-Base Research & Communications Inc.: Sharlyn Ayotte, President and Chief Executive Officer; Leonard J. Fowler Jr., Chair and Chief Operating Officer. From the National Anti-Poverty Organization: Laurie Rektor, Executive Director; Liz Sutherland, Assistant Director. From the Quebec Association for the Protection of Savers and Investors Inc.: Paul Lussier, President. From the "Option Consommateurs": Jacques St-Amant, Analyst; Louise Rozon, Executive Director. From the "Coalition Québécoise pour le maintien des emplois et services bancaires personnalisés": Louise Aubert, "Fédération de l'âge d'or du Québec". From the TelPay - A Division of CTI-Com Tel Inc.: Brian Denysvik, Director, Payroll Trust Funds, Ceridian Canada Ltd.; William H. Loewen, President, TelPay Bill Payment Service. From the Co-operative Trust Company of Canada: C. Wayne King, Vice-President; Joe Deirker. As Individual: The Hon. Douglas D. Peters, P.C., Financial and Economic Consultant and Former Secretary of State for Financial Institutions.

The Committee resumed consideration of Bill C-38, An Act to establish the Financial Consumer Agency of Canada and to amend certain Acts in relation to financial institutions (See Minutes of Proceedings, Thursday, September 28, 2000, Meeting No. 81).

On Clause 1.

Sharlyn Ayotte, Len Fowler, Laurie Rektor, Paul Lussier, Louise Rozon, Louise Aubert, William Loewen, Brian Denysvik and Wayne King made statements and, with the other witnesses, answered questions.

At 5:05 p.m., the Hon. Doug Peters made a statement.

Members resumed questioning the witnesses.

At 5:46 p.m., the Committee adjourned to the call of the Chair.

Pat Steenberg



Clerk of the Committee