August 12, 1944 (19th Parliament, 5th Session)

?

Mr. M. J. COLD WELL@Rosetown-Biggar

Before this measure is proceeded with may I say that I am sorry this bill has been brought down at this stage of the session. I was unavoidably absent from the chamber last evening, but when I heard about it I considered whether it did not afford an opportunity to discuss the whole question of life insurance, and I considered very carefully last night and this morning whether I should not seize this opportunity to do just that. I have been awaiting an appropriate chance to do so throughout the session, and that opportunity has not arisen. However, I realize that the house wants to rise, and under the circumstances I do not feel that I should take advantage of this opportunity of discussing this matter, as I might otherwise have done.
So' far as I can see, this is not a very important right that is being given the insurance companies of Canada, and I do not think serious objection can be taken to it. Like the leader of the opposition (Mr. Graydon) I think we can ask in committee any questions we may have in mind with regard to the matter.

Topic:   LIFE INSURANCE COMPANIES
Subtopic:   EXTENSION OF AUTHORIZED INVESTMENTS IN UNITED STATES SECURITIES
Full View