FINA Committee Meeting

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MINUTES OF PROCEEDINGS

Meeting No. 73

Tuesday, September 30, 2003

The Standing Committee on Finance met at 3:32 p.m. this day, in Room 253-D Centre Block, the Clerk of the Committee, Richard Dupuis, presiding.

Members of the Committee present: Sue Barnes, Scott Brison, Rick Casson, Roy Cullen, Nick Discepola, Albina Guarnieri, Richard Harris, Maria Minna, Shawn Murphy, Pierre Paquette, Pauline Picard, Gary Pillitteri, Monte Solberg, Tony Valeri, Judy Wasylycia-Leis and Bryon Wilfert.

Acting Members present: David Price for Sophia Leung, James Rajotte for Richard Harris, Peter Stoffer for Judy Wasylycia-Leis and Lynne Yelich for Rahim Jaffer.

In attendance: Library of Parliament: June Dewetering, Principal ; Blayne Haggart, Analyst ; Stephen Laurent, Analyst . House of Commons: Marc-Olivier Girard, Committee Clerk.

Appearing: Bryon Wilfert, Parliamentary Secretary to the Minister of Finance.

Witnesses: Hotel Association of Canada: Anthony P. Pollard, President. Ottawa Centre for Research and Innovation: Jeffrey Dale, President & CEO; Mike Darch, Special Adviser to the President. Association of Canadian Travel Agencies: Marc-André Charlebois, President; Martin Taller, Vice President, Policy, General Manager Eastern Canada. Tax Executives Institute, Inc.: Monika Siegmund, Chair, Canadian Income Tax Committee; Mario Tombari, Vice President, Canadian Affairs. Canadian School Boards Association: Michelle Mulder, President; Marie Pierce, Executive Director. Department of Finance: Louise Lenovian, Director, Business Income Tax Division, Tax Policy Branch; Gérard Lalonde, Senior Chief, Tax Legislation, Director's office; James R. Greene, Chief, Resource and Environmental Taxation Sector, Tax Policy Branch.

The Clerk of the Committee presided over the election of a Chair.

On motion of Shawn Murphy, it was agreed, --That Sue Barnes be elected Chair of this Committee.

On motion of Gary Pillitteri, it was agreed, --That Nick Discepola be elected as Government Vice-Chair of the Committee.

On motion of Rick Casson, it was agreed, --That Monte Solberg be elected as Opposition Vice-Chair of the Committee.

Sue Barnes, duly elected Chair of the Committee, took the Chair.

At 3:39 p.m., the sitting was suspended.

At 3:39 p.m., the sitting resumed.

Pursuant to Standing Order 83(1), the Committee resumed its pre-budget consultations.

Panel I: Marc-André Charlebois, Anthony P. Pollard, Jeffrey Dale, Mario Tombari and Michelle Mulder made a statement and, with the other witnesses, answered questions.

At 5:10 p.m., the Committee commenced consideration of the subject-matter of Bill C-48, An Act to amend the Income Tax Act (natural resources).

The Parliamentary Secretary to the Minister of Finance, Bryon Wilfert, made a statement.

At 5:25 p.m., the sitting was suspended.

At 6:01 p.m., the sitting resumed.

Pursuant to the Order of Reference of Tuesday, September 30, 2003, the Committee commenced consideration of Bill C-48, An Act to amend the Income Tax Act (natural resources).

The Parliamentary Secretary to the Minister of Finance, Bryon Wilfert with Louise Levonian and James R. Greene, answered questions.

At 6:47 p.m., the Committee adjourned to the call of the Chair.

Richard Dupuis, Caroline Martin
Clerk of the Committee

2004/01/15 9:48 a.m.