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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. 68

Monday, May 29, 2000

The Standing Committee on Finance met at 3:44 p.m. this day, in Room 209, West Block, the Chair, Maurizio Bevilacqua, presiding.

Members of the Committee present: Maurizio Bevilacqua, Roger Gallaway and Gary Pillitteri.

Acting Member present: Paul Forseth for Richard Harris.

In attendance: From the Library of Parliament: Jean Soucy, Researcher.

Witnesses: From the Certified General Accountants' Association of Canada: Everett Colby, North American Forensics Accountants, Colby & Associates; N. Dawn McGeachy, Manager, Public Sector. From the Canadian Association of Insurance and Financial Advisors: Bill Strain, Chair, Taxation, Conference for Advanced Life Underwriting (CALU). From the Conference for Advanced Life Underwriters: Ted Ballantyne, Director, Advanced Tax Policy.

The Committee resumed consideration of Bill C-25, An Act to amend the Income Tax Act, The Excise Tax Act and the Budget Implementation Act, 1999 (See Minutes of Proceedings, Thursday, May 18, 2000, Meeting No. 67).

The Committee resumed consideration of Clause 1.

Everett Colby and Bill Strain made statements and, with the other witnesses, answered questions.

At 5:02 p.m., the Committee adjourned to the call of the Chair.

Pat Steenberg

Clerk of the Committee