Export to CSV

October 15, 1951

QUESTION AS TO FARMERS SECURING BANK LOANS ON BASIS OF STORED WHEAT

On the orders of the day:
PC

John George Diefenbaker

Progressive Conservative
Member File Biography @ PARLINFO

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

Mr. Speaker, I should like to direct a question to the Minister of Finance in connection with a situation existing in the western provinces where numbers of farmers are unable to secure loans on the basis of their stored wheat because the chartered banks feel that such loans should not be made. Is the minister in a position to advise whether the chartered banks may make such loans in order to meet current harvesting needs and the like to relieve a serious situation in various parts of the prairie provinces?

Topic:   QUESTION AS TO FARMERS SECURING BANK LOANS ON BASIS OF STORED WHEAT
Permalink
LIB

Douglas Charles Abbott (Minister of Finance and Receiver General)

Liberal
Member File Biography @ PARLINFO

Hon. Douglas Abbott (Minister of Finance):

My hon. friend was good enough to give me notice of his question. He will appreciate that his question is a legal one, but my recollection is that the banks are allowed to make loans under the provisions of the Bank Act and to take wheat as security under section 88.

Topic:   QUESTION AS TO FARMERS SECURING BANK LOANS ON BASIS OF STORED WHEAT
Permalink
PC

John George Diefenbaker

Progressive Conservative
Member File Biography @ PARLINFO

Mr. Diefenbaker:

May I ask a supplementary question. The bank managers say that under the agreement between the government and the chartered banks loans such as that are not to be made.

Topic:   QUESTION AS TO FARMERS SECURING BANK LOANS ON BASIS OF STORED WHEAT
Permalink
LIB

Douglas Charles Abbott (Minister of Finance and Receiver General)

Liberal
Member File Biography @ PARLINFO

Mr. Abbott:

Of course, that is incorrect.

Topic:   QUESTION AS TO FARMERS SECURING BANK LOANS ON BASIS OF STORED WHEAT
Permalink

FISHERIES

REQUEST FOR TABLING OF REPORT OF PRICES SUPPORT BOARD

On the orders of the day:
PC

William Joseph Browne

Progressive Conservative
Member File Biography @ PARLINFO

Mr. W. J. Browne (St. John's West):

I

should like to ask the Minister of Fisheries a question with reference to payments to Newfoundland fishermen recommended by a recent report of the fisheries prices support board. Does the minister intend to table that report?

Topic:   FISHERIES
Subtopic:   REQUEST FOR TABLING OF REPORT OF PRICES SUPPORT BOARD
Permalink
LIB

Robert Wellington Mayhew (Minister of Fisheries)

Liberal
Member File Biography @ PARLINFO

Hon. R. W. Mayhew (Minister of Fisheries):

I received notice of my hon. friend's question just before coming into the house. I might say that we received the report of the fisheries prices support board some time ago. We acted on the recommendations made and a press release was issued on October 4. If my

hon. friend has not seen that press release in his local papers I would be glad to let him have a copy.

Topic:   FISHERIES
Subtopic:   REQUEST FOR TABLING OF REPORT OF PRICES SUPPORT BOARD
Permalink
PC

William Joseph Browne

Progressive Conservative
Member File Biography @ PARLINFO

Mr. Browne (St. John's West):

I have seen the press release by the minister, but I was wondering if he intends to table the report of the board setting out the reasons why the recommendations were made.

Topic:   FISHERIES
Subtopic:   REQUEST FOR TABLING OF REPORT OF PRICES SUPPORT BOARD
Permalink
LIB

Robert Wellington Mayhew (Minister of Fisheries)

Liberal
Member File Biography @ PARLINFO

Mr. Mayhew:

When the report is final that will be done.

Topic:   FISHERIES
Subtopic:   REQUEST FOR TABLING OF REPORT OF PRICES SUPPORT BOARD
Permalink

INCOME TAX

RULING OF INCOME TAX APPEAL BOARD PERMITTING DEDUCTION OF CERTAIN EXPENSES

On the orders of the day:
CCF

Stanley Howard Knowles (Whip of the Co-operative Commonwealth Federation)

Co-operative Commonwealth Federation (C.C.F.)
Member File Biography @ PARLINFO

Mr. Stanley Knowles (Winnipeg North Centre):

Mr. Speaker, may I direct a question to the Minister of Finance? In view of a recent decision of the income tax appeal board to the effect that expenses of lawyers attending conventions of the Canadian Bar Association are deductible for income tax purposes, will steps be taken to extend the same privilege to trade unionists attending their conventions as well as to other comparable groups?

Topic:   INCOME TAX
Subtopic:   RULING OF INCOME TAX APPEAL BOARD PERMITTING DEDUCTION OF CERTAIN EXPENSES
Permalink
LIB

Douglas Charles Abbott (Minister of Finance and Receiver General)

Liberal
Member File Biography @ PARLINFO

Hon. Douglas Abbott (Minister of Finance):

I have had no notice whatever of this question and I suggest that it is one which might be placed on the order paper. In any case I shall take my hon. friend's question as a notice.

Topic:   INCOME TAX
Subtopic:   RULING OF INCOME TAX APPEAL BOARD PERMITTING DEDUCTION OF CERTAIN EXPENSES
Permalink

SPEECH FROM THE THRONE

CONTINUATION OF DEBATE ON ADDRESS IN REPLY

October 15, 1951