March 22, 1949 (20th Parliament, 5th Session)

LIB

Douglas Charles Abbott (Minister of Finance and Receiver General)

Liberal

Mr. Abbott:

I think there must be some justification, as was indicated by the hon. member for Saint John-Albert, such as health or other reasons. If a Canadian feels that he must leave Canada, he is always free to do so, but it is discretionary with us to say whether he is given a change of status for exchange purposes-in other words, whether we will allow him to take his capital out of the country.

Topic:   FOREIGN EXCHANGE CONTROL ACT
Subtopic:   CONTINUANCE IN FORCE UNTIL SIXTY DAYS AFTER OPENING OF FIRST SESSION OF PARLIAMENT IN 1951
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