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April 4, 1952

STANDING COMMITTEES

RAILWAYS, CANALS AND TELEGRAPH LINES CONCURRENCE IN FIRST REPORT

Mr. H. B. McCulloch (Piciou) 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.

EXTERNAL AFFAIRS

Mr. J. A. Bradette (Cochrane) presented the first report of the standing committee on external affairs and moved that the report be concurred in. Motion agreed to.

ANNUITIES

APPLICATION OF NEW INTEREST RATE

LIB

Milton Fowler Gregg (Minister of Labour)

Liberal
Member File Biography @ PARLINFO

Hon. Milion F. Gregg (Minister of Labour):

Mr. Speaker, I should like to reply to the question asked yesterday by the hon. member for Winnipeg North Centre (Mr. Knowles). The question, as reported at page 1078 of Hansard, was as follows:

Would the minister say whether the new 31 per cent interest rate on government annuities applies only to contracts taken out after April 1, 1952, or will it apply to moneys paid in after that date respecting contracts taken out during the period when the rate was 3 per cent?

The answer is that the rate in effect at the time the contract was made applies throughout the life of the contract. As to contracts made when the interest rate was 4 per cent, that rate continues to apply. As to those contracts made when the rate was 3 per cent, the same is true. In respect of contracts made on or after April 1, 1952, the interest rate will be 3 J per cent.

Topic:   ANNUITIES
Subtopic:   APPLICATION OF NEW INTEREST RATE
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CCF

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

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

Mr. Knowles:

Will the minister permit a supplementary question? When the government prepares the bill to amend the annuities act, will consideration be given to the point implicit in my question of yesterday, which the minister has just now placed on Hansard?

Topic:   ANNUITIES
Subtopic:   APPLICATION OF NEW INTEREST RATE
Permalink
LIB

Milton Fowler Gregg (Minister of Labour)

Liberal
Member File Biography @ PARLINFO

Mr. Gregg:

I will take notice of the question.

Topic:   ANNUITIES
Subtopic:   APPLICATION OF NEW INTEREST RATE
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CRIMINAL CODE

AMENDMENT TO PREVENT CERTAIN PRACTICES IN CANADIAN SPORTS

LIB

Bona Arsenault

Liberal
Member File Biography @ PARLINFO

Mr. Bona Arsenault (Bonaventure) moved

for leave to introduce Bill No. 172, to amend the Criminal Code and the Combines Investigation Act.

Topic:   CRIMINAL CODE
Subtopic:   AMENDMENT TO PREVENT CERTAIN PRACTICES IN CANADIAN SPORTS
Permalink
?

Some hon. Members:

Explain.

Topic:   CRIMINAL CODE
Subtopic:   AMENDMENT TO PREVENT CERTAIN PRACTICES IN CANADIAN SPORTS
Permalink
LIB

Bona Arsenault

Liberal
Member File Biography @ PARLINFO

Mr. Arsenault:

The purpose of the present bill is to prevent certain practices which have developed in Canadian sports, more especially in the field of hockey, practices which are generally admitted to be unfair to our youth and unworthy of a democracy. For instance, in so far as hockey is concerned, it should be an offence (a) to place on any hockey club negotiation lists the name of an amateur player without his consent or that of his parents, and (b) to try to prevent an amateur hockey player from offering his services to and playing with the professional club of his choice should he desire to become a professional player.

Topic:   CRIMINAL CODE
Subtopic:   AMENDMENT TO PREVENT CERTAIN PRACTICES IN CANADIAN SPORTS
Permalink
PC

Gordon Graydon

Progressive Conservative
Member File Biography @ PARLINFO

Mr. Graydon:

Do you think you will get across the blue line with that one?

Topic:   CRIMINAL CODE
Subtopic:   AMENDMENT TO PREVENT CERTAIN PRACTICES IN CANADIAN SPORTS
Permalink
LIB

Pierre Gauthier

Liberal
Member File Biography @ PARLINFO

Mr. Gauthier (Portneuf):

Surely.

Topic:   CRIMINAL CODE
Subtopic:   AMENDMENT TO PREVENT CERTAIN PRACTICES IN CANADIAN SPORTS
Permalink
LIB

Irvin William Studer

Liberal
Member File Biography @ PARLINFO

Mr. Studer:

Does this pertain to curling?

Motion agreed to and bill read the first time.

Topic:   CRIMINAL CODE
Subtopic:   AMENDMENT TO PREVENT CERTAIN PRACTICES IN CANADIAN SPORTS
Permalink

PRIVATE BILLS

FIRST READINGS-SENATE BILLS

April 4, 1952