FINA Committee Meeting
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Meeting No. 57
MINUTES OF PROCEEDING
Friday, November 28, 1997
The Standing Committee on Finance met in camera at 10:24 o’clock a.m., this day, in room 269, West Block, the Chair, Maurizio Bevilacqua, presiding.
Members of the Committee present: Maurizio Bevilacqua, Dick Harris, Jim Jones, Gilles A. Perron, Karen Redman, Paul Szabo.
Acting Members present: Aileen Carroll for Gary Pillitteri, Shaughnessy Cohen for Mark Assad, Odina Desrochers for Yvan Loubier, John Maloney for David Iftody, Pat Martin for Nelson Riis, Ian Murray for Roger Gallaway, John O’Reilly for Paddy Torsney, Charlie Penson for Gerry Ritz and Carmen Provenzano for Tony Valeri.
Associate Member present: Norman Doyle.
In accordance with Standing Order 83.1, the Committee commenced consideration of its draft Report on the Pre-Budget Consultations. (See Minutes of Proceedings, Wednesday, October 15, 1997, Meeting No. 3).
Shaughnessy Cohen moved, - That the draft Report of the Standing Committee of Finance on its Pre-budget Consultations be adopted as the Committee’s Second Report to the House and that the Chair present it to the House.
Paul Szabo moved the following amendment, - That the motion be amended by adding after the word "Consultations" the following:
"with the following amendments:
On page 59 of the draft Report, by replacing "personal exemption and the married/equivalent to married exemption" with "personal non-refundable tax credits amounts, the spousal amount and the equivalent –to-the spousal amount", in order to conform with existing income tax laws; and
On page 66 of the draft Report, by deleting all references to specific increases in the Foreign Content Property Rule and replacing it with "the government consider the advisability of increasing the 20 % Foreign Content Property Rule".
And debate arising thereon.
By unanimous consent, the amendment was amended by deleting section (b).
Debate continuing.
The question being put on the amendment, as amended, it was carried on the following division:
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Yeas: 7 |
Nays: 4 |
The question being put on the motion, as amended, it was carried on the following division:
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Yeas: 9 |
Nays: 2 |
On motion of Paul Szabo, it was agreed, - That the Chair be authorized to make such typographical and editorial changes as may be necessary without changing the substance of the draft Report.
On motion of Karen Redman, it was agreed, – That the title of the Report be "Keeping the Balance – Security and Opportunity for Canadians".
On motion of Jim Jones, it was agreed, – That the motion adopted at the meeting of November 19, 1997 concerning the deadline of submitting dissenting opinions be extended to 11:59 p.m., Saturday, November 29, 1997.
Ian Murray moved, - That any full Committee member be allowed to take a copy of the report and that the Clerk record which member takes a copy and which member has not removed a copy.
And a question be put on the motion, it was carried on the following division:
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Yeas: 12 |
Nays: 1 |
On motion of Paul Szabo, it was agreed, - That notwithstanding the motion adopted at the meeting of November 19, 1997, the Committee print an additional 7,000 copies of its Report "Keeping the Balance – Security and Opportunity for Canadians".
At 12:40 o’clock p.m., the meeting adjourned to the call of the Chair.
Carol Chafe
Clerk of the Committee