MINUTES OF PROCEEDINGS
Meeting No. 143
Tuesday, October 27, 1998
The Standing Committee on Finance met in a (televised session) at 9:08 a.m. this day, in Room 253-D, Centre Block, Paul Szabo, presiding.
Members of the Committee present: Carolyn Bennett, Nick Discepola, Roger Gallaway, Sophia Leung, Yvan Loubier, Gary Pillitteri, Karen Redman, Paul Szabo and Tony Valeri.
Acting Members present: Paul Forseth for Monte Solbert; Paul Crête for Yvan Loubier.
Associate Member present: The Hon. Lorne Nystrom.
In attendance: From the Library of Parliament: Richard Domingue and Marion Wrobel, Researchers.
Witnesses: From the Laurentian Bank of Canada: Henri-Paul Rousseau, President and Chief Executive Officer. From the Sun Life Assurance Company of Canada: Donald Stewart, President and C.E.O.. From the Mutual Group: Robert Astley. From the Pineridge Ford Mercury: Doug Heeney, Ford Motor Company.
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).
Donald Stewart from the Sun Life Assurance Company of Canada made an opening statement and answered questions.
At 9:53 a.m., Nick Discepola took the Chair.
Henri-Paul Rousseau from the Laurentian Bank of Canada made an opening statement and answered questions.
Robert Astley from the Mutual Group made an opening statement and answered questions.
At 11:32 a.m., the sitting was suspended.
At 1:00 p.m., the sitting was resumed.
In accordance with its mandate under Standing Orders 108(2) and 83.1, the Committee resumed its Pre-Budget Consultation Process. (See Minutes of Proceedings dated Monday, June 8, 1998, Meeting No. 92).
Doug Heeney from the Pineridge Ford Mercury made an opening statement and answered questions.
At 1:45 p.m., the Committee adjourned to the call of the Chair.