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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. 111

Thursday, September 24, 1998

The Standing Committee on Finance met in a televised session at 3:36 p.m. this day, in Room 253-D, Centre Block, the Chair, Maurizio Bevilacqua, presiding.

Members of the Committee present: Maurizio Bevilacqua, Roger Gallaway, Dick Harris, Gilles-A. Perron, Gary Pillitteri, Karen Redman and Paul Szabo.

Acting Members present: Yvon Charbonneau for Mark Assad; Odina Desrochers for Gilles Perron; Ken Epp for Monte Solberg and Carolyn Bennett for Paddy Torsney.

Associate Member present: Lorne Nystrom.

Other Members present: Ian McCelland and Shaunessey Cohen.

In attendance: From the Library of Parliament: Richard Domingue and Marion Wrobel, Researchers.

Witnesses: From the Standard Life Insurance Company: Claude Garcia, President and C.E.O.; From the "Industrielle Alliance": Yvon Charest, Executive Vice-President, Head, Exploration; From the Canadian Bankers' Association: Raymond Protti, President and Chief Executive Officer; Alan Young, Vice-President, Policy Division.

In accordance with its mandate under Standing Order 108(2), the Committee resumes its study of the Report of the Task Force on the future of the Canadian Financial Services Sector.

Claude Garcia from the Standard Life Insurance Company, and Yvon Charest, from "Industrielle Alliance", each made a statement and answered questions.

At 5:34 o'clock p.m., the sitting was suspended.

At 5:40 o'clock p.m., the sitting resumed.

Raymond Protti made a statement and, with the other witness from the Canadian Bankers' Association, answered questions.

At 6:55 p.m., the Committee adjourned to the call of the Chair.

Susan Baldwin




Committee Clerk