June 25, 1951

IRRIGATION

SOUTH SASKATCHEWAN RIVER PROJECT- QUESTION AS TO COMMITTEE OP EXPERTS


On the orders of the day:


PC

John George Diefenbaker

Progressive Conservative

Mr. J. G. Diefenbaker (Lake Centre):

should like to direct a question to the

[Mr. Drew.)

Minister of Agriculture. Have there been any acceptances by persons approached to act as a committee of experts with respect to the matter of the economic feasibility of the South Saskatchewan river dam and irrigation project?

Topic:   IRRIGATION
Subtopic:   SOUTH SASKATCHEWAN RIVER PROJECT- QUESTION AS TO COMMITTEE OP EXPERTS
Permalink
LIB

Louis Stephen St-Laurent (Prime Minister; President of the Privy Council)

Liberal

Right Hon. L. S. St. Laurent (Prime Minister):

Perhaps I might answer that question. There have been confidential approaches, and I expect to have information today from our ambassador in Washington.

Topic:   IRRIGATION
Subtopic:   SOUTH SASKATCHEWAN RIVER PROJECT- QUESTION AS TO COMMITTEE OP EXPERTS
Permalink

CANADIAN NATIONAL RAILWAYS

ACQUISITION OF THE RAILWAY OF QUEBEC RAILWAY, LIGHT AND POWER COMPANY

LIB

Lionel Chevrier (Minister of Transport)

Liberal

Hon. Lionel Chevrier (Minister of Transport) moved

the second reading of Bill No. 399, respecting Canadian National Railways and to authorize the acquisition of the railway of the Quebec Railway, Light and Power Company.

Topic:   CANADIAN NATIONAL RAILWAYS
Subtopic:   ACQUISITION OF THE RAILWAY OF QUEBEC RAILWAY, LIGHT AND POWER COMPANY
Permalink
PC

James MacKerras Macdonnell

Progressive Conservative

Mr. Macdonnell (Greenwood):

Is the minister going to make a statement?

Topic:   CANADIAN NATIONAL RAILWAYS
Subtopic:   ACQUISITION OF THE RAILWAY OF QUEBEC RAILWAY, LIGHT AND POWER COMPANY
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LIB

Lionel Chevrier (Minister of Transport)

Liberal

Mr. Chevrier:

I propose making a statement. I thought I might make it in committee, unless there is some objection.

Topic:   CANADIAN NATIONAL RAILWAYS
Subtopic:   ACQUISITION OF THE RAILWAY OF QUEBEC RAILWAY, LIGHT AND POWER COMPANY
Permalink
PC

James MacKerras Macdonnell

Progressive Conservative

Mr. Macdonnell (Greenwood):

I think that would be convenient. I have one question at this stage. I should like to ask the minister whether he proposes to do what was done in the other place, namely, refer the bill to a committee other than the committee of the whole?

Topic:   CANADIAN NATIONAL RAILWAYS
Subtopic:   ACQUISITION OF THE RAILWAY OF QUEBEC RAILWAY, LIGHT AND POWER COMPANY
Permalink
LIB

Lionel Chevrier (Minister of Transport)

Liberal

Mr. Chevrier:

I was hopeful that we could dispose of it in committee of the whole. j

Topic:   CANADIAN NATIONAL RAILWAYS
Subtopic:   ACQUISITION OF THE RAILWAY OF QUEBEC RAILWAY, LIGHT AND POWER COMPANY
Permalink

Motion agreed to, bill read the second1 time and the house went into committee thereon, Mr. Dion in the chair. On section 1-Authority to purchase railway of the Quebec Railway, Light and Power Company.


LIB

Lionel Chevrier (Minister of Transport)

Liberal

Mr. Chevrier:

Topic:   CANADIAN NATIONAL RAILWAYS
Subtopic:   ACQUISITION OF THE RAILWAY OF QUEBEC RAILWAY, LIGHT AND POWER COMPANY
Permalink
PC

James MacKerras Macdonnell

Progressive Conservative

Mr. Macdonnell (Greenwood):

As I understand it, under some arrangement Canadian National Railways have been using the first twenty-five miles from Quebec on the way to Murray Bay. Will the minister say under what arrangement it has been using it in the past, whether on a basis of rental or otherwise?

Topic:   CANADIAN NATIONAL RAILWAYS
Subtopic:   ACQUISITION OF THE RAILWAY OF QUEBEC RAILWAY, LIGHT AND POWER COMPANY
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LIB

Lionel Chevrier (Minister of Transport)

Liberal

Mr. Chevrier:

The arrangement was what is known as an "interline carrier" arrangement. That means that if the freight rate is $1, let us say, for an article moving over the Quebec Railway, Light and Power Company line, and the freight is carried three-quarters of the distance over the line of that company, seventy-five cents will go to the Quebec Railway, Light and Power Company and twenty-five cents to the C.N.R. It is pretty difficult to give the arrangement in detail, but I understand it is a common arrangement entered into between railways. When traffic is carried by one railway over the line of another, whether the traffic originates on that line or

Canadian National Railways whether it comes from other lines, the interline carrier arrangement is one which is pretty much standard between railways.

Topic:   CANADIAN NATIONAL RAILWAYS
Subtopic:   ACQUISITION OF THE RAILWAY OF QUEBEC RAILWAY, LIGHT AND POWER COMPANY
Permalink
PC

James MacKerras Macdonnell

Progressive Conservative

Mr. Macdonnell (Greenwood):

I understand that under the Quebec Railway, Light and Power Company there was a separate unit known as the Montmorency unit, and that it showed a special operating result of its own. Could we be informed what that result was?

Topic:   CANADIAN NATIONAL RAILWAYS
Subtopic:   ACQUISITION OF THE RAILWAY OF QUEBEC RAILWAY, LIGHT AND POWER COMPANY
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LIB

Lionel Chevrier (Minister of Transport)

Liberal

Mr. Chevrier:

Yes. The income account I have before me for the Quebec Railway, Light and Power Company, covering the period from 1946 to 1950, indicates net corporate income of approximately $115,000 per year. To be more explicit, the figures are:

1946 $120,451

1947 187,681

1948 116,189

1949 36,086

1950- 103,365

Topic:   CANADIAN NATIONAL RAILWAYS
Subtopic:   ACQUISITION OF THE RAILWAY OF QUEBEC RAILWAY, LIGHT AND POWER COMPANY
Permalink
PC

James MacKerras Macdonnell

Progressive Conservative

Mr. Macdonnell (Greenwood):

I am a little puzzled by these figures, because I notice that in the other place the figures given were: 1946, $236,000; 1947, $301,000; 1948, $230,000. They are substantially different from the figures given by the minister. Is there some adjustment that has to be made? Just let me add that on the face of it, with the figures one has here, it is surprising that the company should have wished to sell for $750,000 if actually they were making $300,000 a year, and I wondered if there was some explanation.

Topic:   CANADIAN NATIONAL RAILWAYS
Subtopic:   ACQUISITION OF THE RAILWAY OF QUEBEC RAILWAY, LIGHT AND POWER COMPANY
Permalink
LIB

Lionel Chevrier (Minister of Transport)

Liberal

Mr. Chevrier:

Although I have not read the Senate report, the figures given by my hon. friend are accurate. The figure for 1948, $230,996 is before charging depreciation. Depreciation charged for that year was $114,807, leaving a net corporate income of $116,189,

Topic:   CANADIAN NATIONAL RAILWAYS
Subtopic:   ACQUISITION OF THE RAILWAY OF QUEBEC RAILWAY, LIGHT AND POWER COMPANY
Permalink

June 25, 1951