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. 166
Tuesday, December 8, 1998
The Standing Committee on Finance met at 3:35 p.m. this day, in Room 371, West Block, the Chair, Maurizio Bevilacqua, presiding.
Members of the Committee present: Carolyn Bennett, Maurizio Bevilacqua, Scott Brison, Odina Desrochers, Nick Discepola, Ken Epp, Roger Gallaway, Dick Harris, Gary Pillitteri, Karen Redman, Paul Szabo and Tony Valeri.
Acting Member present: Paddy Torsney for Sophia Leung.
Associate Member present: The Hon. Lorne Nystrom.
In attendance: From the Library of Parliament: Marion Wrobel, Senior Analyst. From Committees and Legislative Services Directorate: Richard Dupuis, Legislative Clerk.
Appearing: From the Department of Finance: The Hon. Jim Peterson, Secretary of State (International Financial Institutions).
Witnesses: From the Department of Finance: Charles Seeto, Director, Financial Sector Division; Claude Gingras, Special Advisor, Financial Sector Division. From the Office of the Superintendent of Financial Institutions Canada: Michael Hale, Director, Acutarial.
The Order of Reference being read as follows:
ORDERED, - That pursuant to Standing Order 73(1), Bill C-59 - An Act to Amend the Insurance Companies Act, be referred to the Standing Committee on Finance forthwith and without debate.
On Clause 1
The Honourable Jim Peterson made a statement and with Claude Gingras, Charles Seeto and Michael Hale, answered questions.
At 4:40 p.m.
By unanimous consent, it was agreed - That notwithstanding the Committee's decision of December 7, 1998, the name of the Standing committee on Finance be printed on the cover page of the Twelfth Report.
Odina Desrochers moved, - That the Standing Committee condemn the following members: Scott Brison (Kings-Hants) and Gary Pillitteri (Niagara Falls) for contempt of the Finance Committee.
After debate, the motion was withdrawn.
At 4:55 p.m., the Committee adjourned to the call of the Chair.
Christine Fisher
Roxanne Enman
Committee Clerks