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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MINUTES OF PROCEEDINGS
Meeting No. 147
Thursday, October 29, 1998
The Standing Committee on Finance met in a (televised session) at 3:39 p.m. this day, in Room 253-D, Centre Block, the Chair, Maurizio Bevilacqua, presiding.
Members of the Committee present: Carolyn Bennett, Maurizio Bevilacqua, Scott Brison, Odina Desrochers, Nick Discepola, Roger Gallaway, Dick Harris, Gary Pillitteri, Paul Szabo and Tony Valeri.
Acting Member(s) present: Antoine Dubé for Yvan Loubier.
In attendance: From the Library of Parliament: Richard Domingue and Marion Wrobel, Researcher.
Witnesses: Round Table I
From Canada Deposit Insurance Corporation: Grant Reuber, Chairman of the Board; Jean-Pierre Sabourin, President. From Canadian Investor Protection Fund: Rozanne E. Reszel, President and Chief Executive Officer. From the Canadian Life and Health Insurance Compensation Corporation: Alan E. Morson, President; Gordon M. Dunning, Executive Vice-President.
From the Office of the Superintendent of Financial Institutions Canada: John R.V. Palmer, Superintendent; Nicholas LePan, Deputy Superintendent (Supervision). From the Canadian Payments Association: Robert Hammond, General Manager; Doug Kreviazuk, Director, Policy and Planning. From the INTERAC Association: Judith Wolfson, President; Fred Harris, Senior Vice-President; Marc-André Lacombe, Corporate Secretary and Legal Counsel. From the Council of Canadians: Peter Bleyer; Jimmy Dunn.
In accordance with its mandate under Standing Order 108(2), the Committee resumed its study of the Report of the Task Force on the future of the Canadian Financial Services Sector. (See Minutes of Proceedings dated Monday, September 21, 1998, Meeting No. 106).
The witnesses from Round Table I made opening statement and answered questions.
At 5:45 p.m., the sitting was suspended.
At 6:35 p.m., the sitting resumed.
John R.V. Palmer from the Office of the Superintendent of Financial Institutions Canada made an opening statement and with Nicholas LePan answered questions.
At 7:50 p.m., the sitting was suspended.
At 8:00 p.m., the sitting resumed.
Robert Hammond from the Canadian Payments Association made an opening statement, and with Doug Kreviazuk, answered questions.
Judith Wolfson from the INTERAC Associations made an opening statement and, with Marc-André Lacombe and Fred Harris, answered questions.
Peter Bleyer from the Council of Canadians made an opening statement and, with Jimmy Dunn answered questions.
At 10:40 p.m., the Committee adjourned to the call of the Chair.
Richard Dupuis
Committee Clerk