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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Meeting No. 56

MINUTES OF PROCEEDING

Wednesday, November 26, 1997

The Standing Committee on Finance met in a televised session at 3:30 o’clock p.m., this day, in Room 253-D, Centre Block, the Chair, Maurizio Bevilacqua, presiding.

Members of the Committee present: Mark Assad, Maurizio Bevilacqua, Roger Gallaway, David Iftody, Gilles A. Perron, Gary Pillitteri, Karen Redman, Gerry Ritz and Paddy Torsney.

Acting Members present: Murray Calder for Paul Szabo; Odina Desrochers for Yvan Loubier; André Harvey for Jim Jones; Stan Keyes for Tony Valeri; Lorne Nystrom for Nelson Riis.

Associate Member present: Nick Discepola.

Other Members present: Tony Ianno.

In attendance: From the Research Branch of the Library of Parliament: Richard Domingue and Marion Wrobel, Research Officers.

Witnesses: From the Bank of Canada: Gordon Thiessen, Governor; Bernard Bonin,

Senior Deputy Governor; Charles "Chuck" Freedman, Deputy Governor.

In accordance with its mandate under Standing Order 108(2), the Committee considered the Bank of Canada "Monetary Policy Report, November 1997".

Gordon Thiessen made a statement and, with the other witnesses, answered questions.

At 5:19 o’clock p.m., the Committee adjourned to the call of the Chair.

Carol Chafe

Clerk of the Committee