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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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Meeting No. 3
Tuesday, November 20, 2007

The Standing Committee on Finance met in a televised session at 3:31 p.m. this day, in Room 237-C, Centre Block, the Chair, Rob Merrifield, presiding.


Members of the Committee present: Paul Crête, Dean Del Mastro, Rick Dykstra, Hon. John McCallum, Hon. John McKay, Ted Menzies, Rob Merrifield, Thomas J. Mulcair, Thierry St-Cyr, Hon. Garth Turner and Mike Wallace.


Acting Members present: Hon. Larry Bagnell for Massimo Pacetti.


In attendance: House of Commons: Catherine Cuerrier, Committee Clerk. Library of Parliament: June Dewetering, Principal Analyst; Alexandre Laurin, Analyst.


Witnesses: Association of International Automobile Manufacturers of Canada: David C. Adams, President. Canadian Auto Workers Union: Jim Stanford, Chief Economist. Canadian Manufacturers & Exporters: Jayson Myers, President. Cascades: Laurent Lemaire, Vice-President, Administrative Council. TD Bank Financial Group: Don Drummond, Senior Vice-President and Chief Economist. Toyota Canada Inc.: Stephen Beatty, Managing Director. Alliance of Canadian Cinema, Television and Radio Artists (ACTRA): Richard Hardacre, National President. Canadian Labour Congress: Andrew Jackson, National Director, Social and Economic Policy. Canadian Vehicle Manufacturers' Association: Mark A. Nantais, President. Quebec Federation of Chambers of Commerce: Jean Laneville, Economist. University of Toronto: Roger Martin, Dean, Rotman School of Management.

Pursuant to Standing Order 83.1, the Committee commenced its Pre-Budget Consultations 2007 - Impact of the appreciation in the relative value of the Canadian dollar.

The witnesses made statements and answered questions.


At 4:58 p.m., the sitting was suspended.

At 5:02 p.m., the sitting resumed.


The witnesses made statements and answered questions.


At 5:50 p.m., the sitting was suspended.

At 6:25 p.m., the sitting resumed in camera.

The Committee proceeded to the consideration of matters related to Committee business.

It was agreed, — That, during its consideration of matters pursuant to Standing Order 83.1, the Chair seek the permission of the House to adjourn from place to place within Canada and to permit the broadcasting of its proceedings thereon, and that the necessary staff do accompany the Committee.


It was agreed, — That an additional operational budget in the amount of $ 9,600 for a total of $ 51,100, be adopted and that the Chair seek the necessary funds from the Liaison Committee at the earliest opportunity.


It was agreed, — That the Chair seek the permission of the House at the earliest opportunity requesting that, nothwithstanding the provisions of Standing Order 83.1, the Committee request that the deadline for tabling the 2007 Pre-Budget Consultation Report be extended to Thursday, February 8, 2008.


It was agreed, — That during the travel period of the Standing Committee on Finance, no dilatory motions would be receivable.


It was agreed, — That with respect to the selection of witnesses for the pre-budget consultations as it concerns the tax system, that Members submit to the Clerk, no later than 2:00 p.m. on Wednesday, February 21, 2007, four (4) names of priority one witnesses, and two (2) names of priority two witnesses for the Ottawa hearings.


At 6:38 p.m., the Committee adjourned to the call of the Chair.


Elizabeth B. Kingston
Clerk of the Committee

2008/02/06 11:16 a.m.