May 19, 1948

PRIVILEGE

REFERENCE TO PRESS REPORT AS TO BUDGET FIGURES ON FOREIGN EXCHANGE POSITION

LIB

Douglas Charles Abbott (Minister of Finance and Receiver General)

Liberal

Hon. DOUGLAS ABBOTT (Minister of Finance):

Mr. Speaker, I think I should rise to a question of privilege to correct a press report of the figures which I gave in my budget speech last night with respect to our foreign exchange position. In the Canadian Press report which appears in this morning's newspapers it is stated:

The country's present foreign exchange reserves are $668,000,009 after drawings of $130,000,000 on the Export-Import bank loan from the United States-

And so on. The actual drawings on the Export-Import bank loan are only $80 million and not $130 million, and the net position is therefore $588 million. I do not blame the reporter. It is no doubt due to the way in which my budget speech was phrased. I gave the figures to the end of March as $607 million, of which $50 million represented drawings upon the Export-Import loan. The figures at the end of April were $668 million, taking account of $30 million drawn in April, or $80 million in all.

Topic:   PRIVILEGE
Subtopic:   REFERENCE TO PRESS REPORT AS TO BUDGET FIGURES ON FOREIGN EXCHANGE POSITION
Permalink

PRIVATE BILLS

FIRST READINGS-SENATE BILLS


Bill No. 314, for the relief of John Clayton Sturgeon.-Mr. Maybank. Bill No. 315, for the relief of Alice Deborah Townsend Hawker.-Mr. Cro'11. Bill No. 316, for the relief of Rae Bellam Baron.-Mr. Maybank. Bill No. 317, for the relief of David Ewing Jackson.-Mr. Maybank. Bill No. 318, for the relief of Olive Turnidge Burns Turner.-Mr. Maybank. Bill No. 319, for the relief of Dorothy June Wilson Weedmark.-Mr. Maybank. Bill No. 320, for the relief of Kate Henny Wacker Prengel.-Mr. Maybank. Bill No. 321, for the relief of Jeanette Racine Garneau.-Mr. Maybank. Bill No. 322. for the relief of Gladys Gwendolyn Goode Buttress.-Mr. Maybank. Bill No. 323, for the relief of Gladys Victoria Lewis White.-Mr. Maybank. Bill No. 324, for the relief of Madge Reynard Lambton.-Mr. Maybank. Bill No. 325, for the relief of Cornelia Baren-drecht Nickel.-Mr. Maybank.


STATISTICS ACT

DOMINION BUREAU OF STATISTICS


Right Hon. C. D. HOWE (Minister of Trade and Commerce) moved the first reading of Bill No. 326 (from the senate) respecting the Dominion Bureau of Statistics. Motion agreed to and bill read the first time.


CANADA EVIDENCE ACT

JUVENILE DELINQUENTS-WIFE OR HUSBAND AS WITNESS FOR PROSECUTION


Right Hon. J. L. ILSLEY (Minister of Justice) moved the first reading of Bill NO'. 327 (from the senate) to amend the Canada Evidence Act. Motion agreed to and bill read the first time.


QUESTIONS


(Questions answered orally are indicated by an asterisk).


R.C.A.F. BENEVOLENT FUND


Mr. McIvAY: 1. What was the amount of the Royal Canadian Air Force benevolent fund on (1) September 30, 1945; (2) March 31, 1948? 2. What are the yearly charges for the ad>-ministration of this fund? 3. What have been the disbursements and receipts with regard to the benevolent fund for each year since its inception?


LIB

Hugues Lapointe (Parliamentary Assistant to the Minister of National Defence)

Liberal

Mr. LAPOINTE:

The Royal Canadian Air Force benevolent fund was incorporated on the 1st April, 1944, under part II of the Dominion Companies Act. It is supported by contributions from service personnel and others interested, and is not administered by the Department of National Defence. However, the following information has been obtained from the corporation's annual reports:

1. 31st December, 1945, $1,875,565.31; 31st December, 1947, $3,194,368.03.

2. 1944, nil; 1945, $1,583.54; 1946, $18,252.68; 1947, $39,657.38.

3. Disbursements: 1944, nil; 1945, $33,319.50; '1946, $112,076.53; 1947, $195,299.73.

Questions

Receipts: 1944-on incorporation $574,748.03, during year, $260,667.71; 1945, $1,122,116.94; 1946, $1,449,373.28; 1947, $276,401.19.

Topic:   QUESTIONS
Subtopic:   R.C.A.F. BENEVOLENT FUND
Permalink

AFTON-ISAYFIELB-SUMMERSIDE RURAL MAIL SERVICE

PC

Mr. BLACK (Cumberland):

Progressive Conservative

1. Did the Postmaster General or the Post Office Department receive a petition from eligible residents along the proposed1 rural mail route at Afton-Bayfield-Summerside in Anti-gonish county, Nova Scotia, objecting to the establishment of such route?

2. If so, how many persons signed such petition?

3. Do they represent fifty per cent or more of the eligible residents?

4. Is a rural mail service being established? If so, when will it start operating?

5. Who is the courier and what remuneration is he paid?

Topic:   QUESTIONS
Subtopic:   AFTON-ISAYFIELB-SUMMERSIDE RURAL MAIL SERVICE
Permalink
LIB

Mr. BERTRAND (Laurier): (Postmaster General)

Liberal

1. Yes.

2. Petition has 76 signatures.

3. Not known.

4. It is proposed to establish rural mail delivery service when 50 per cent of eligible residents have purchased and erected boxes.

5. Proposed contractor is John James Jones, at $1,100 per year.

Topic:   QUESTIONS
Subtopic:   AFTON-ISAYFIELB-SUMMERSIDE RURAL MAIL SERVICE
Permalink

May 19, 1948