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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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MINUTES OF PROCEEDINGS
 
Meeting No. 7
 
Tuesday, April 13, 2010
 

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, James Rajotte, presiding.

 

Members of the Committee present: Kelly Block, Robert Carrier, Bernard Généreux, Russ Hiebert, Hon. John McCallum, Ted Menzies, Massimo Pacetti, Daniel Paillé, James Rajotte and Mike Wallace.

 

Acting Members present: Martha Hall Findlay for Hon. John McKay, Wayne Marston for Thomas J. Mulcair and Glen Douglas Pearson for Hon. John McKay.

 

In attendance: Library of Parliament: Mark Mahabir, Analyst.

 

Witnesses: As individuals: Melanie Johannink; Paul Hanrieder, Professional Engineer; Sylvain de Margerie. Public Service Alliance of Canada: Patty Ducharme, National Executive Vice-President, Executive Office, Public Service Alliance of Canada. Communications, Energy and Paperworkers Union of Canada: Renaud Gagné, Vice-President, Quebec.

 
Pursuant to Standing Order 108(2) and the motion adopted by the Committee on Tuesday, March 9, 2010, the Committee resumed its study of the retirement income security of Canadians.
 

The witnesses made statements and answered questions.

 

At 5:12 p.m., the sitting was suspended.

At 5:14 p.m., the sitting resumed.

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

Daniel Paillé moved, — That the Committee undertake a study on introduction of a tax on international currency transactions (similar to a Tobin tax) to control speculative short-term movements of capital, and that this study include:

  • a detailed statement on how a tax on international currency transactions would work;
  • an analysis of the approaches taken by various governments to promote world-wide adoption of such a tax;
  • a list of measures to be implemented in order to introduce such a tax in conjunction with the international community, including a realistic time-frame for Canada;
  • a consideration of possible beneficiaries for the revenue collected and an analysis of how this revenue could be allocated; and

That the Committee report its observations and recommendations to the House.

Debate arose thereon.

 

Massimo Pacetti moved, — That the motion be amended by deleting the words “introduction of”.

 

It was agreed, — That debate on the motion be ajourned until the next meeting of the Committee.

 

At 5:31 p.m., the Committee adjourned to the call of the Chair.

 



Jean-François Pagé
Clerk of the Committee

 
 
2010/06/30 11:26 a.m.