March 14, 1921

PRIVATE BILLS

FIRST READINGS


Bill No. 29, respecting the Essex Terminal Railway Company.'-Mr. Kennedy (Essex). Bill No. 30, respecting the Ottawa, Northern and Western Railway Company. -Mr. Devlin.


SECOND READINGS


Bill No. 25, respecting the Kettle Valley Railway Company.-Mr. Green. Bill No. 26, respecting the Manitoba and North Western Railway Company of Canada.-Mr. Lang. Bill No. 27, respecting the Quebec Central Railway Company.-Mr. Beland. Bill No. 28, to incorporate the Slave River Railway Company.-Mr. Tweedie.


QUESTIONS


(Questions answered orally are indicated by an asterisk.)


INCOME AND BUSINESS PROFITS TAXES

L LIB

Mr. MURPHY:

Laurier Liberal

1. What has been the total cost of administering the Income Tax Act during each year of its operation?

2. What was the total cost of administering the Business Profits War Tax Act during each year of its operation?

3. How many persons are employed in connection with the administration of the Income Tax Act?

Topic:   QUESTIONS
Subtopic:   INCOME AND BUSINESS PROFITS TAXES
Permalink
?

Hon. S@

Exact information cannot be given in connection with the administration of the Income Tax Act and the administration of the .Business Frofits War Tax Act separately as the administration of the two Acts is combined. In the year 1917, however, there was no income tax, and the figures given for that year show the cost of administration of the Business Profits War Tax Act to have been: salaries, $51,385.98; other expenses, $6,788.83. Total, $58,174.81.

Business Profits War Tax Act and Income War Tax Act.

Cost of Administration.

Fiscal year Fiscal year Fiscal year

Salaries .. Printing and stationery Advertising... Postage .... Other expenses.. ..

1918.

Total.. ..$108,196.88 495',797.38 1,026,377.23

Accounts amounting to $25,160.63 were received after the books for 1920 were closed, therefore not included. Number employed; fiscal year, 1920: Inside Service, 239; Outside Service, 547; total, 786.

Topic:   QUESTIONS
Subtopic:   INCOME AND BUSINESS PROFITS TAXES
Permalink

ST. JOHN AND QUEBEC RAILWAY

UF

Mr. CALDWELL:

United Farmers

1. When the Dominion Government entered into an agreement under date of November 9, 1916, with the province of New Brunswick to operate the St. John and Quebec Railway as

part of the Canadian Government Railways, what guarantee did the Dominion Government give the province of New Brunswick that there would be an adequate train service maintained on the said St. John and Quebec Railway?

2. Does the Dominion Government know that the passenger service on the St. John and Quebec Railway between Fredericton and Centre-ville has recently been cut down to a triweekly service which is altogether inadequate to accommodate the public on that portion of the road?

3. Does the Dominion Government know that the city of Fredericton and the different towns between Fredericton and Centreville are very much incensed because of the above curtailment of train service?

Topic:   QUESTIONS
Subtopic:   ST. JOHN AND QUEBEC RAILWAY
Permalink
UNION

Hon. Mr. REID: (Minister of Railways and Canals)

Unionist

1. None.

2. Tri-weekly service is regarded by the management as sufficient to care for the traffic at present offering.

3. No. When curtailments in train service are contemplated, the management submit all proposed reductions to the Dominion Railway Board, who investigate, and no curtailment is made except with the approval of that board.

Topic:   QUESTIONS
Subtopic:   ST. JOHN AND QUEBEC RAILWAY
Permalink

RAILWAY CERTIFICATES AND BONDS

L LIB

William Duff

Laurier Liberal

Mr. DUFF:

In connection with the issuing of railway certificates and bonds, namely, the Canadian Northern Railway Company, May 1, 1920, $15,000,000, and December 1, 1920, $25,000,000 ; and Grand Trunk Railway, $25,000,000 and $12,000,000.

1. Were these certificates and bonds all issued through Messrs. Dillon, Read & Co., of New-York?

2. If so, what commission was paid the said firm for handling the $77,000,000 worth of certificates and bonds?

3. What trust company, bank or individual acted on behalf of the Canadian Government?

4. Was Mr. Miller Lash, of Toronto, in any way connected with the sale of any of these bonds or certificates?

5. If so, in what capacity did he act?

6. What remuneration was paid to Mr. Lash?

Topic:   QUESTIONS
Subtopic:   RAILWAY CERTIFICATES AND BONDS
Permalink
CON

Sir HENRY DRAYTON: (Secretary of State of Canada; Minister of Finance and Receiver General)

Conservative (1867-1942)

1. Yes.

2. No commission. The different issues were sold to Dillon, Read & Co., who in turn made public issues in New York.

3. A. J. Mitchell, Vice-president for Canadian Northern; Frank Scott, Vice-President, Grand Trunk and Graham A. Bell, Deputy Minister of Railways and Canals, representing the Grand Trunk and Minister of Finance, respectively.

4. The firm of Blake, Lash, Anglin and Cassells, of which Mr. Miller Lash is a member, acted in a legal capacity in connection with the preparation of trust deeds and other legal documents.

5. Acted as advisory counsel with the New York attorneys of the bankers, advising them in regard to the borrowing powers of the company, etc.

6. Fees of Blake, Anglin and Cassels for the C.N.R. issues are as follows: May 1, re equipment issue, $2,000; December 1, re bond issue, $2,500; for Grand Trunk, re bond issue, $5,000; re equipment issue, accounts not received.

Topic:   QUESTIONS
Subtopic:   RAILWAY CERTIFICATES AND BONDS
Permalink

INCOME TAX BY PROVINCES

PRO

Andrew Knox

Progressive

Mr. KNOX:

- 1. How many people paid income tax in each province?

2. Out of this number how many in each province were farmers?

Topic:   QUESTIONS
Subtopic:   INCOME TAX BY PROVINCES
Permalink
CON

Sir HENRY DRAYTON: (Secretary of State of Canada; Minister of Finance and Receiver General)

Conservative (1867-1942)

1. On income realized during calenderyear- Province 1917 1918Prince Edward Island & Nova Scotia. . . . 1,958 5,375New Brunswick. . . . 1,049 2,839Quebec 11,363 19,567Ontario 18,034 48,468Manitoba 6,174 15,599Saskatchewan 6.030 10,016Alberta 5,711 8,379British Columbia. . . . 3,187 11,813Y ukon 214 50253,730 2. On income realized during the 122,558 calenderyear- Province 1917 1918Prince Edward Island & Nova Scotia 17 37New Brunswick 5 29Quebec

. 94 163Ontario 488 2,042Manitoba 1,853 4,352Saskatchewan 3,387 4,377Alberta 3,011 1,356British Columbia. . . . 104 417Yukon 3 18,962 12,774

Topic:   QUESTIONS
Subtopic:   INCOME TAX BY PROVINCES
Permalink

INCOMES OF $200,000 OR OVER

March 14, 1921