October 23, 2006
For Immediate Release
Wallace made permanent member of Finance Committee.

OTTAWA- Mike Wallace, MP for Burlington was invited to officially join the Finance Committee on October 19 and is now attending a series of pre-budget consultations meetings in eastern Canada. Mike was previously on the Ethics and Government Operations committees.

He will remain on the Ethics committee and switch from Government Operations to Finance. The House of Commons Standing Committee on Finance is mandated by the House of Commons on an annual basis to consider and make reports upon proposals regarding the budgetary policy of the government. This year, the theme of the pre-budget consultations is entitled Canada's Place in a Competitive World.

As Canada's economic future is, in part, characterized by rapid technological change and the emergence of new trading partners, the Committee is looking to receive from Canadians their views respecting the means of ensuring a prosperous economy by adopting the latest technology, having the needed skills, seizing market opportunities, and making certain that tax regimes enable the attraction of workers and foreign investment in order to maximize our potential as a nation. Decisions need to taken in the short term to ensure productivity in the long term.

The Committee will be holding hearings in Ottawa and will be visiting other centres across Canada from Whitehorse, Yukon to St. John's Newfoundland. Over 400 witnesses will be heard from now until the end of October. Groups and individuals range from Child Care Advocacy Associations to the Canadian Manufacturers and Exporters.

This week Mike is participating in hearings in St. John’s Newfoundland, Halifax Nova Scotia, Quebec City Quebec and Toronto Ontario. The Standing Committee on Finance Website can be found here: http://cmte.parl.gc.ca/cmte/CommitteeHome.aspx?Lang=1&COM=10479

For further information please contact:

Jon. W. Watson
Executive & Legislative Assistant
Mike Wallace, MP Burlington
www.mikewallace.ca
T: (613) 995 0881
F: (613) 995 1091
763 Confederation
House of Commons
OTTAWA K1A 0A6