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May 29, 1934

CON

Edgar Nelson Rhodes (Minister of Finance and Receiver General)

Conservative (1867-1942)
Member File Biography @ PARLINFO

Mr. RHODES:

I am not in a position to give my hon. friend amounts, but I may say that I expect to gain by this because the tax of SI .50 as it stood before was too high and the sales were negligible. It is felt now by this reduced impost we shall collect more money than we did when the rate was double the amount.

Topic:   WAYS AND MEANS
Subtopic:   SPECIAL WAR REVENUE ACT AMENDMENT
Permalink
LIB

James Layton Ralston

Liberal
Member File Biography @ PARLINFO

Mr. RALSTON:

What was the amount collected last year?

Topic:   WAYS AND MEANS
Subtopic:   SPECIAL WAR REVENUE ACT AMENDMENT
Permalink
CON

Edgar Nelson Rhodes (Minister of Finance and Receiver General)

Conservative (1867-1942)
Member File Biography @ PARLINFO

Mr. RHODES:

Last year, $13,000 gross.

Topic:   WAYS AND MEANS
Subtopic:   SPECIAL WAR REVENUE ACT AMENDMENT
Permalink

Paragraph agreed to. 8. That section eighty-eight of the said act, as enacted by section twelve of chapter fifty-four of the statutes of 1932, be amended by adding thereto the following proviso; Provided, further, that the said tax be at the rate of one and one-half per cent on all 71726-222J goods imported into Canada entitled to the benefit of the British preferential tariff or any lower tariff.
LIB

James Layton Ralston

Liberal
Member File Biography @ PARLINFO

Mr. RALSTON:

What was the total

amount of three per cent excise tax as levied on these goods?

Topic:   WAYS AND MEANS
Subtopic:   SPECIAL WAR REVENUE ACT AMENDMENT
Permalink
CON

Edgar Nelson Rhodes (Minister of Finance and Receiver General)

Conservative (1867-1942)
Member File Biography @ PARLINFO

Mr. RHODES:

My hon. friend wishes to know the total amount raised by the three per cent excise tax in its full application?

Topic:   WAYS AND MEANS
Subtopic:   SPECIAL WAR REVENUE ACT AMENDMENT
Permalink
LIB

James Layton Ralston

Liberal
Member File Biography @ PARLINFO

Mr. RALSTON:

On British preference

goods.

Topic:   WAYS AND MEANS
Subtopic:   SPECIAL WAR REVENUE ACT AMENDMENT
Permalink
CON

Edgar Nelson Rhodes (Minister of Finance and Receiver General)

Conservative (1867-1942)
Member File Biography @ PARLINFO

Mr. RHODES:

The total amount collected last year on all goods was, in round figures* $14,000,000. I am speaking from memory but, I think, accurately. The amount collected on British preference goods was $3,000,000. Therefore on the basis of this computation we shall reduce the revenue by $1,500,000.

Topic:   WAYS AND MEANS
Subtopic:   SPECIAL WAR REVENUE ACT AMENDMENT
Permalink
LIB

James Layton Ralston

Liberal
Member File Biography @ PARLINFO

Mr. RALSTON:

I think I would have left out the postal notes altogether.

Topic:   WAYS AND MEANS
Subtopic:   SPECIAL WAR REVENUE ACT AMENDMENT
Permalink

Paragraph agreed to. 9. That there shall be imposed, levied and collected a tax of ten per centum on the value of gold deposited for sale at the Royal Canadian Mint, such value to be an amount calcur lated under regulations to be made by the governor in council on the basis of the sale price of gold in the world market converted into Canadian currency at the prevailing rates of exchange, the amount of the tax to be deducted from the value so determined before final settlement is made by the Mint with the depositor.
CON

Edgar Nelson Rhodes (Minister of Finance and Receiver General)

Conservative (1867-1942)
Member File Biography @ PARLINFO

Mr. RHODES:

In conformity with the

announcement made by the Prime Minister as to amendments to be made to this tax I propose to move an amendment to resolution No. 9. Inasmuch as it is now five minutes to eleven o'clock and I should like to table the findings of the tariff board before the house adjourns, I might just give notice of this so that it will appear in the votes and proceedings together with the other amendments in order that hon. members may before the next sitting have cognizance of all the amendments. I will hand to the chairman so that they will appear in the votes and proceedings, amendments to resolutions Nos. 9, 10, 11, 12, 13 and 14.

Topic:   WAYS AND MEANS
Subtopic:   SPECIAL WAR REVENUE ACT AMENDMENT
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?

Clarence Joseph Veniot

Mr. YENIOT:

To have the record correct as to postal notes, I have the exact number issued for the year ending March 31, 1933. It is 5,963,807.

Progress reported.

Questions

Topic:   WAYS AND MEANS
Subtopic:   SPECIAL WAR REVENUE ACT AMENDMENT
Permalink

TARIFF BOARD REPORTS

CON

Edgar Nelson Rhodes (Minister of Finance and Receiver General)

Conservative (1867-1942)
Member File Biography @ PARLINFO

Mr. RHODES:

While we were in committee of ways and means I gave notice of certain amendments to tariff resolutions in consequence of reports of the tariff board. With the consent of the house I desire now to lay on the table reports of the tariff board on nursery stock, hats and hoods, and cellulose acetate yarns.

Topic:   WAYS AND MEANS
Subtopic:   TARIFF BOARD REPORTS
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At eleven o'clock the house adjourned without question put, pursuant to standing order. Wednesday, May 30, 1934

May 29, 1934