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. 116
Tuesday, September 29, 1998
The Standing Committee on Finance met in a televised session at 3:35 p.m. this day, in Room 253-D, Centre Block, the Chair, Maurizio Bevilacqua, presiding.
Members of the Committee present: Maurizio Bevilacqua, Scott Brison, Roger Gallaway, Dick Harris, Yvan Loubier, Gary Pillitteri, Karen Redman, Paul Szabo and Tony Valeri.
Acting Members present: Carolyn Bennett for Paddy Torsney, Odina Desrochers for Gilles-A. Perron, Lorne Nystrom for Nelson Riis.
Other members present: Ken Epp, John McKay, Wayne Easter, Bob Kilger, Nick Discepola and Sophia Leung.
In attendance: From the Library of Parliament: Richard Domingue and Marion Wrobel, Researchers.
Witnesses: From the Capital One Financial Corporation: David M. Willey, Senior Vice-President and Treasurer; Christopher T. Curtis, Associate General Counsel; From the First Union Corporation: Wayne Ehgoetz, Head; From the Norwest Financial/Trans Canada Credit: Richard Owens; Steve R. Wagner, Assistant General Counsel; From the Wells Fargo Bank: Gadi Meir, Assistant Vice-President; From the ING Direct: Arkadi Kuhlman, President and CEO; From the Toronto Dominion Bank: A. Charles Baillie, President and Chief Executive Officer; Robert P. Kelly, Vice-Chairman.
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.
David M. Willey, Wayne Ehgoetz, Richard Owens, Gadi Meir and Arkadi Kulhman made opening statements and, with the other witnesses, answered questions.
At 5:26 p.m., the sitting was suspended.
At 6:05 p.m., the sitting resumed.
It was agreed, - That the Finance Committee confirm the date of October 30 at 9:00 a.m. for the appearance of the Leader of the Block Québécois, Mr. Gilles Duceppe, before the Committee so that he can table his report on the pre-budget consultations carried out by him and his colleagues over the summer.
It was agreed, - That the Finance Committee authorize the Member for St-Hyacinthe--Bagot, Mr. Yvan Loubier, to appear before the Committee to discuss the MacKay Report on behalf of his party.
At 7:00 p.m., the sitting was suspended.
At 7:15 p.m., the sitting resumed.
Charles Baillie made an opening statement and, with the other witness, answered questions.
At 8:57 p.m., the Committee adjourned to the call of the Chair.
Roger Préfontaine
Committee Clerk