In addition to that, there are a couple of housekeeping items. One is, as you may be aware, Bill S-2, an act to amend the Canada-United States Tax Convention Act 1984, was read for the second time and referred to this committee on Monday. So we have that coming. I just wanted to make sure that the committee was aware of that. It's a Senate bill that's been referred to this committee. My understanding is that it passed unanimously in the Senate, and that it's not particularly controversial in any way.
It is our obligation at this committee to deal with it, so I just want to have it in your heads. We could deal with it quickly, if you want, or we can schedule it at the beginning of a subsequent meeting. Maybe we'll give people a day or two to look at the thing and see if there's any reason we want to have an extended debate on it. My sense is that the Senate would like to get this thing through the committee and back for third reading.
The other thing is the clerk has presented me with a proposed budget for the proposed study on the Canada-Korea free trade agreement. This, again, is routine stuff to cover witness expenses and that sort of thing. I think we're all aware that if it's under $40,000 it doesn't have to go for approval of the Liaison Committee. The clerk has proposed the budget, and coincidentally it comes to $39,550. I don't imagine we'll spend anywhere near that amount, but we have that flexibility, depending on how long we go and how many witnesses we call.
If I might ask someone to move that motion, we could dispense with it right now.
Mr. Dhaliwal moves that the proposed operational budget for the study of the proposed Canada-Korea free trade agreement in the amount of $39,550 for the period of 2007-08 be adopted.
(Motion agreed to)