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FINA Committee Meeting

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Meeting No. 70
Tuesday, February 27, 2007

The Standing Committee on Finance met in a televised videoconference session at 11:15 a.m. this day, in Room 253-D, Centre Block, the Vice-Chair, Massimo Pacetti, presiding.


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


Acting Members present: Dennis Bevington for Judy Wasylycia-Leis, Claude DeBellefeuille for Pierre A. Paquette and Brian Storseth for Brian Pallister.


In attendance: Library of Parliament: Alexandre Laurin, Analyst.


Witnesses: Green Budget Coalition: Andrew Van Iterson, Program Manager. University of Ottawa: Hon. Charles L. Caccia, Senior Fellow, Institute of the Environment. Mining Association of Canada: Gordon Peeling, President and Chief Executive Officer. Nexen Inc.: Marvin Romanow, Executive Vice-President and Chief Financial Officer. Canadian Association of Petroleum Producers: Greg L. Stringham, Vice-President, Markets and Fiscal Policy. EnergyINet: Dr. Michael Raymond, Chief Executive Officer. Sierra Club of Canada: Jean Langlois, National Campaigns Director. Sierra Legal Defence Fund - Toronto: Hugh Wilkins. Canadian Imperial Bank of Commerce: Robert Plexman, Managing Director and Senior Oil and Gas Analyst. Pembina Institute: Mario Raynolds, Executive Director; Dan Woynillowicz , Senior Policy Analyst. TD Securities Inc.: Bill Roberts, Vice-President, Investment Banking.

Pursuant to Standing Order 108(2) , the Committee commenced its study of Taxation of the Oil Sands Industry.

The witnesses made statements and answered questions.


At 12:30 p.m., the sitting was suspended.

At 12:41 p.m., the sitting resumed.


The witnesses made statements and answered questions.


At 2:03 p.m., the Committee adjourned to the call of the Chair.


Elizabeth B. Kingston
Clerk of the Committee

2007/02/28 3:05 p.m.