FINA Committee Meeting

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MINUTES OF PROCEEDINGS

Meeting No. 37

Wednesday, April 16, 2008

The Standing Committee on Finance met in a televised session at 3:30 p.m. this day, in Room 253-D, Centre Block, the Chair, Rob Merrifield, presiding.

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

Associate Members present: Martha Hall Findlay.

In attendance: Library of Parliament: Philippe Bergevin, Analyst ; Alexandre Laurin, Analyst.

Appearing: Hon. Jim Flaherty, Minister of Finance.

Witnesses: Department of Finance: Jeremy Rudin, General Director, Financial Sector Policy Branch, Economic Development and Corporate Finance; Chris Forbes, Director, Fiscal Policy Division, Economic and Fiscal Policy Branch; Krista Campbell, Senior Chief, Federal-Provincial Relations Division, Federal-Provincial Relations and Social Policy Branch, Director's Office; Yves Giroux, Director, Social Policy, Federal-Provincial Relations and Social Policy Branch; Gérard Lalonde, Director, Tax legislation Division; Lawrence Purdy, Senior Chief, Tax Legislation Division, Tax Policy Branch. Department of Human Resources and Social Development: Rosaline Frith, Director General, Canada Student Loans Program; Bill James, Director General, Employment Insurance Policy. Department of Citizenship and Immigration: Andrea Lyon, Assistant Deputy Minister, Strategic and Program Policy.

Pursuant to the Order of Reference of Thursday, April 10, 2008, the Committee commenced consideration of Bill C-50, An Act to implement certain provisions of the budget tabled in Parliament on February 26, 2008 and to enact provisions to preserve the fiscal plan set out in that budget.

The Minister of Finance, the Hon. Jim Flaherty made a statement and, with Jeremy Rudin, Bill James and Chris Forbes, answered questions.

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

Paul Crête moved, — That, as promptly as possible, the Chair of the Standing Committee on Finance write a letter to the Chair of the Standing Committee on Citizenship and Immigration asking the Standing Committee on Citizenship and Immigration to consider Part 6 of Bill C 50, An Act to implement certain provisions of the budget tabled in Parliament on February 26, 2008 and to enact provisions to preserve the fiscal plan set out in that budget, and to convey its recommendations to the Standing Committee on Finance no later than Friday, May 9, 2008.

Debate arose thereon.

John McCallum moved, — That the motion be amended by adding after the word “to consider” the following: “the subject matter of”.

After debate, the question was put on the amendment of John McCallum and it was agreed to.

After debate, the question was put on the motion, as amended, and it was agreed to.

The motion, as amended, read as follows:

That, as promptly as possible, the Chair of the Standing Committee on Finance write a letter to the Chair of the Standing Committee on Citizenship and Immigration asking the Standing Committee on Citizenship and Immigration to consider the subject matter of Part 6 of Bill C 50, An Act to implement certain provisions of the budget tabled in Parliament on February 26, 2008 and to enact provisions to preserve the fiscal plan set out in that budget, and to convey its recommendations to the Standing Committee on Finance no later than Friday, May 9, 2008.

At 5:14 p.m., the Committee adjourned to the call of the Chair.

Jean-François Pagé
Clerk of the Committee

2008-04-18 11:41 a.m.