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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. 87

Monday, October 16, 2000

The Standing Committee on Finance met at 3:38 p.m. this day, in Room 371, West Block, the Chair, Maurizio Bevilacqua, presiding.

Members of the Committee present: Maurizio Bevilacqua, Roy Cullen, Richard Harris, Yvan Loubier and Gary Pillitteri.

In attendance: From the Library of Parliament: Blayne Haggart, Researcher; Marion Wrobel, Senior Analyst.

Witnesses: From the CS CO-OP (Community Financial Services): Gary M. Seveny, President & Chief Executive Officer; Kenneth Boland, Legal Counsel, Osler, Hoskin & Harcourt. From the Investment Dealers Association of Canada: Joseph Oliver, President and Chief Executive Officer. From the Ontario Securities Commission: Tanis McLaren, Head, International Affairs. From the INTERAC Association: Judith Wolfson, President and Chief Executive Officer; Marc-André Lacombe, Corporate Secretary and Legal Counsel; Kirkland Morris, Policy Development. From the TG International Ltd.: Peter R. Downing, President.

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.

Gary Seveny, Joseph Oliver, Tanis McLaren, Judith Wolfson and Peter Downing made statements and, with the other witnesses, answered questions.

At 4:58 p.m., the Committee adjourned to the call of the Chair.

Pat Steenberg



Clerk of the Committee