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SFIN 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. 1

Tuesday, March 21, 2000

The Sub-Committee on Agenda and Procedure on Standing Committee on Finance met in camera at 10:00 a.m. this day, in Room 208, West Block, the Chair, Maurizio Bevilacqua, presiding.

Members of the Sub-Committee present: Maurizio Bevilacqua, Richard Harris, Richard Marceau and Lorne Nystrom.

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

It was agreed, - That the clerk be authorized to prepare a list of witnesses that the Committee wishes to hear during its consideration of Bills C-22, C-24 and C-25 and that the members of the Committee submit the names of their witnesses to the clerk as soon as possible.

It was agreed, - That, pursuant to Standing Order 81(4):

The committee hold meetings to consider and report on the 2000-01 Main Estimates for the Department of Finance;
The committee invite the Minister and senior officials to appear before the committee as soon as possible after March 30, 2000 but no later than May 31, 2000;
The Minister provide information relating to future expenditure plans and priorities of the Department; and

That, pursuant to Standing Order 81(7&8):

The committee consider and report recommendations on the future expenditure plans and priorities of the Department no later than June 3, 2000.

It was agreed, - That the Committee hear the Governor of the Bank of Canada, in a televised session, on Tuesday, May 16 at a time convenient to the Governor.

It was agreed, - That the Committee approve the operational budget for the period April 1, 2000 through June 30, 2000, as presented.

It was agreed, - That the following proposals be considered at the next full Committee meeting:

That the Committee study the Bank of Canada, in particular (1) the independence of the Governor and (2) the Bank’s monetary policy.
That the Committee study the effects of government subsidies on economic growth.
That the Committee study the matter of the insurance industry and a natural disasters reduction plan (in a roundtable format).
That the Committee study the matter of household debt (in a roundtable format).
That the Committee form a joint sub-committee with the Standing Committee on Human Resources Development to study the subject of dependency relationships.
That the Committee study the issue of regulation and cost recovery for government services as a follow up to last year’s study on productivity.

It was agreed, - That further proposals be submitted to the Clerk.

It was agreed, -That the Chair be authorized to prepare a draft workplan for consideration by the Committee based on the discussions at this meeting.

It was agreed, -That the Committee hold Pre-Budget Consultations in the fall.

It was agreed, - That, wherever possible, the Committee will meet on Tuesdays, from 9 to 11 a.m. and on Wednesdays, from 3:30 to 5:30 p.m.

At 10:30 a.m., the Committee adjourned to the call of the Chair.

Pat Steenberg

Clerk of the Sub-Committee