FINA Committee Meeting

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MINUTES OF PROCEEDINGS

Meeting No. 33

Wednesday, October 6, 2010

The Standing Committee on Finance met in a televised session at 3:32 p.m. this day, in Room 237-C, Centre Block, the Chair, James Rajotte, presiding.

Members of the Committee present: Kelly Block, Hon. Scott Brison, Robert Carrier, Bernard Généreux, Russ Hiebert, Ted Menzies, Thomas J. Mulcair, Massimo Pacetti, Daniel Paillé, James Rajotte, Paul Szabo and Mike Wallace.

Acting Members present: Malcolm Allen for Thomas J. Mulcair.

Associate Members present: Brent Rathgeber.

Other Members present: Hon. Wayne Easter.

In attendance: Library of Parliament: Mark Mahabir, Analyst ; Brett Stuckey, Analyst . House of Commons: David-Andrés Novoa, Committee Clerk.

Witnesses: Canada's Venture Capital and Private Equity Association: Richard Rémillard, Executive Director; Mark McQueen, Board Director, President and Chief Executive Officer of Wellington Financial. Association of Consulting Engineering Companies: John Gamble, President; Susie Grynol, Vice-President, Policy and Public Affairs. Aerospace Industries Association of Canada: Claude Lajeunesse, President and Chief Executive Officer. Canadian Association of Fire Chiefs: Robert Simonds, President. Canadian Electricity Association: Geoff Smith, Director, Government Relations. Canadian Manufacturers and Exporters: Jayson Myers, President and Chief Executive Officer, National Office; Jean-Michel Laurin, Vice-President, Global Business Policy. Option consommateurs: Michel Arnold, Director General; Anu Bose, Head, Ottawa Office. McGill University: Vaughan Dowie, Executive Head of Public Affairs; Sandra Crocker, Assistant Vice-Principal, Research and International Affairs. 100th Anniversary Grey Cup Festival: Mark Cohon, Commissioner, Canadian Football League; Chris Rudge, Chairman and Chief Executive Officer; Michael Clemons, Representative; Pierre Vercheval, Representative. Centre for Feminist Research: Barbara Cameron, Associate Professor, York University; Kathleen A. Lahey, Professor, Faculty of Law, Queens University.

Pursuant to Standing Order 83.1, the Committee resumed its pre-budget consultations 2010.

The witnesses made statements and answered questions.

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

Mark McQueen, John Gamble, Susie Grynol, Claude Lajeunesse, Robert Simonds and Geoff Smith, made statements and, with Richard Rémillard, answered questions.

Scott Brison moved, — That the Committee requests that the Department of Finance Canada provide it with the estimated cost of the F-35 aircraft per airplane, how this fits into the fiscal framework, and that this material be submitted to the Committee within 10 days.

The question was put on the motion and it was agreed to, by a show of hands: YEAS: 7; NAYS: 0.

On motion of Scott Brison, it was agreed, — That the Committee requests that the Department of Finance Canada provide that Committee with its adjustments to the fiscal framework to incorporate the costs of the Government of Canada`s justice legislation, specifically,

• C-4, An Act to amend the Youth Criminal Justice Act and to make consequential and related amendments to other Acts
• C-5, An Act to amend the International Transfer of Offenders Act
• C-16, An Act to amend the Criminal Code
• C-17, An Act to amend the Criminal Code (investigative hearing and recognizance with conditions)
• C-21, An Act to amend the Criminal Code (sentencing for fraud)
• C-22, An Act respecting the mandatory reporting of Internet child pornography by persons who provide an Internet service
• C-23(A), An Act to amend the Criminal Records Act
• C-23(B), An Act to amend the Criminal Records Act and to make consequential amendments to other Acts
• C-39, An Act to amend the Corrections and Conditional Release Act and to make consequential amendments to other Acts

The Committee requests that this information be submitted to it within 10 days.

On motion of Scott Brison, it was agreed, — That the Committee requests that the Department of Finance Canada provide it with the original estimate of the cost of hosting the G-8 and G-20 summits, and the final costs that have been booked by the Department of Finance Canada and that this material be submitted to the Committee within 10 days.

On motion of Scott Brison, it was agreed, — That the Committee requests that the Department of Finance Canada) provide it with the estimated cost to the federal treasury of the Government of Canada`s planned reduction of corporate tax rates from January 1, 2011 onwards, and that this material be submitted to the Committee within 10 days.

Mike Wallace moved, — That the Committee requests that the Department of Finance Canada provide that Committee with its adjustments to the fiscal framework to incorporate the costs of the following legislation currently before Parliament specifically:

• C-311
• C-302
• C-280
• C-241
• C-304
• C-308
• C-395
• C-309
• C-300
• C-343
• C-471
• C-288
• C-290
• S-212
• S-221

The Committee requests that this information be submitted to it within 10 days.

The question was put on the motion and it was negatived on the following recorded division:YEAS: Kelly Block, Bernard Généreux, Russ Hiebert, Ted Menzies, Mike Wallace — 5; NAYS: Scott Brison, Robert Carrier, Thomas J. Mulcair, Massimo Pacetti, Daniel Paillé, Paul Szabo — 6.

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

At 5:03 p.m., the sitting resumed.

Pursuant to Standing Order 83.1, the Committee resumed its pre-budget consultations 2010.

Jayson Myers, Michel Arnold, Vaughan Dowie, Mark Cohon, Chris Rudge, Michael Clemons, Barbara Cameron and Kathleen Lahey made statements and, with Jean-Michel Laurin, Anu Bose and Sandra Crocker, answered questions.

At 5:55 p.m., the Committee adjourned to the call of the Chair.

Jean-François Pagé
Clerk of the Committee

2010/11/29 1:16 p.m.