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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. 85

Thursday, October 5, 2000

The Standing Committee on Finance met at 11:10 a.m. this day, in Room 237-C, Centre Block, the Acting Chair, Albina Guarnieri, presiding.

Members of the Committee present: Carolyn Bennett, Roy Cullen, Albina Guarnieri, Yvan Loubier, the Hon. Lorne Nystrom, Pauline Picard and Gary Pillitteri.

Acting Member present: Jim Jones for Dick Harris.

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

Witnesses: From the Insurance Bureau of Canada: Mark Yakabuski, Vice-President, Ontario; Randy Bundus, Vice-President, General Counsel and Corporate Secretary. From the Canadian Life and Health Insurance Association Inc.: Mark R. Daniels, President; Jean-Pierre Bernier, Vice-President and General Counsel. From the "École des Hautes Études Commerciales": Jean Roy, Associate Professor of Finance.

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.

Mark Yakabuski, Mark Daniels and Jean Roy made statements and, with the other witnesses, answered questions.

At 12:28 p.m., the Committee adjourned to the call of the Chair.

Pat Steenberg



Clerk of the Committee