Second report of the standing committee on banking and commerce.-Mr. Cleaver.
Mr. HUGHES CLEAVER (Halton) moved that the first report of the standing committee on banking and commerce presented to the house on November 28, be now concurred in.
Motion agreed to.
RAILWAYS, CANALS AND TELEGRAPH LINES
Mr. L. 0. BREITHAUPT (Waterloo North) presented the first report of the standing committee on railways, canals and telegraph lines, and moved that the report be concurred in.
Motion agreed to.
PARCELS FOR TRANSMISSION TO POLAND
INTERNATIONAL MONETARY FUND-INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT
Hon. IAN A. MACKENZIE (Minister of Veterans Affairs-for the Minister of Finance) moved that the house go into committee at the next sitting to consider the following resolution:
That it is expedient to present a measure to grant authority to accept on behalf of Canada and to carry _ out the obligations of Canada under the articles of agreement for an international monetary fund and an international bank for reconstruction and development prepared by the united nations monetary and financial conference held at Bretton Woods in July, 1944; to authorize the payment of the subscriptions required from Canada out of unappropriated moneys in the consolidated revenue fund to an amount not exceeding seven hundred million dollars; and to authorize the borrowing under the provisions of the Consolidated Revenue and Audit Act, 1931, of sums not exceeding seven hundred million dollars.
He said: His Excellency the Governor
General, having been made acquainted with the subject matter of this resolution, recommends it to the consideration of the house.
Motion agreed to.
EXPORT CREDITS INSURANCE ACT
INCREASE IN AMOUNT OF LOANS AND VALUE OF SECURITIES HELD UNDER SECTION 22
Hon. IAN A. MACKENZIE (Minister of Veterans Affairs-for the Minister of Finance) moved that the bouse go into committee at the next sitting to consider the following resolution;
That it is expedient to present a measure to provide by amendment to The Export Credits Insurance Act that the aggregate amount of loans made and outstanding at any time and the value of securities purchased or acquired and held at any one time under section twenty-two of the said Act shall be increased from one hundred million dollars ($100,000,000) to seven hundred and fifty million dollars ($750,000,000).
He said: His Excellency the Governor
General, having, been made acquainted with the subject matter of this resolution, recommends it to the consideration of the house.
Motion agreed to.
ALBERTA TAXATION AGREEMENT
PROVISION FOR PAYMENT OF INCREASED ' COMPENSATION AND SUBSIDY
Hon. IAN A. MACKENZIE (Minister of Veterans Affairs-for the Minister of Finance) moved that the house go into committee at the next sitting to consider the following resolution:
That it is expedient to present a measure to authorize the Minister of Finance, with the approval of the governor in council to enter into an agreement with the province of Alberta to pay the province increased amounts by way of compensation and subsidy over the amounts agreed to be so paid under an agreement entered into with the province, dated March 30, 1942.
He said: His Excellency the Governor
General, having been made acquainted with, the subject matter of this resolution, recommends it to the consideration of the house.
Motion agreed to.
QUESTION AS TO CONTROL BY CIVIL SERVICE COMMISSION OR TREASURY BOARD
On the orders of the day: