Skip to main content Start of content

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.

For an advanced search, use Publication Search tool.

If you have any questions or comments regarding the accessibility of this publication, please contact us at

Previous day publication Next day publication
Meeting No. 59
Tuesday, January 30, 2007

The Standing Committee on Finance met in a televised session at 11:06 a.m. this day, in Room 237-C, Centre Block, the Chair, Brian Pallister, presiding.


Members of the Committee present: Diane Ablonczy, Dean Del Mastro, Rick Dykstra, Hon. John McCallum, Hon. John McKay, Massimo Pacetti, Brian Pallister, Pierre A. Paquette, Thierry St-Cyr, Mike Wallace and Judy Wasylycia-Leis.


Acting Members present: Paul Crête for Thierry St-Cyr and Paul Szabo for Hon. Robert Thibault.


Other Members present: Hon. Jim Peterson and Hon. Garth Turner.


In attendance: Library of Parliament: June Dewetering, Principal; Alexandre Laurin, Analyst.


Appearing: Hon. Jim Flaherty, Minister of Finance.


Witnesses: Department of Finance: Robert Wright, Deputy Minister; Mark Carney, Senior Associate Deputy Minister, G-7 Deputy for Canada; Bob Hamilton, Senior Assistant Deputy Minister, Tax Policy Branch; Brian Ernewein, General Director, Tax Legislation Division, Tax Policy Branch. As an individual: Dianne Urquhart, Independent Consulting Analyst. Canadian Association of Income Funds: George Kesteven, President. Canadian Association of Income Trust Investors: Brent D. Fullard, President and Chief Executive Officer. Total Asset Management Research & Investment Rights Consultancy: Andrew Teasdale. Canada's Association for the Fifty-Plus: William Gleberzon, Co-Director, Government and Media Relations. BMO Capital Markets: Cameron Renkas, Royalty and Income Trust Analyst.

Pursuant to Standing Order 108(2), the Committee commenced its study on Income trusts.

The Minister made a statement and answered questions.


At 11:53 a.m., Massimo Pacetti took the Chair.


At 11:55 a.m., Brian Pallister took the Chair.


At 12:11 p.m., the sitting was suspended.

At 12:14 p.m., the sitting resumed.


The witnesses made statements and answered questions.


At 1:25 p.m., the Committee adjourned to the call of the Chair.


Elizabeth B. Kingston
Clerk of the Committee

2007/01/30 3:47 p.m.