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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. 153

Thursday, November 5, 1998

The Standing Committee on Finance met at 3:35 p.m. this day, in Room 112-N, Centre Block, the Chair, Maurizio Bevilacqua, presiding.

Members of the Committee Committee present: Carolyn Bennett, Maurizio Bevilacqua, Ken Epp, Sophia Leung, Karen Redman, Paul Szabo and Tony Valeri.

Acting Member present: Monique Guay for Yvan Loubier.

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

Witnesses: Round Table I:

From the Canadian Association of Financial Institutions in Insurance: H. Dunbar Russel, Chair; Bernard Dorval, Vice-Chair. From the Canadian Direct Marketing Association: John Gustavson, President and CEO. From the National Council of Women of Canada: Helen Saravanamuttoo, Vice President; Elizabeth Hutchinson, President; Shirley McBride, Economics Convener.

Round Table II:

From the Business Development Bank of Canada: François Beaudoin, Chair and C.E.O.; Michel Vennat, Chair of the Board.

Round Table III:

From the AGF Management Limited: Blake C. Goldring, President and C.E.O. From the MacKenzie Financial Corporation: Allan Warren, President - MRS Trust Company. From the Trimark Investment Management Inc.: Kathleen Young, Vice-President and Treasurer.

In accordance with its mandate under Standing Order 108(2), the Committee resumed its study of the Report of the Task Force on the Future of the Canadian Financial Services Sector (See Minutes of proceedings dated Monday, September 21, 1998, Meeting No. 106).

Paul Szabo took the Chair.

The witnesses from the Round Table I made opening statements and answered questions.

At 4:10 p.m., Maurizio Bevilacqua took the Chair.

At 5:35 p.m., the sitting was suspended.

At 6:15 p.m., the sitting resumed in a televised session in Room 253-D.

The witnesses on Round table II made opening statements and answered questions.

The witnesses on Round Table III made opening statements and answered questions.

At 8:08 p.m., the Committee adjourned to the call of the Chair.

Jacques Lahaie

 

Clerk of the Committee