May 11, 1944

?

Some hon. MEMBERS:

Order.

Topic:   BUSINESS OF THE HOUSE
Subtopic:   MOTION TO FACILITATE CONSIDERATION OF BILL NO. 110-NATIONAL SELECTIVE SERVICE INSTRUCTIONS
Permalink
IND

Joseph Sasseville Roy

Independent

Mr. ROY:

-there are no other means whereby private members can have their motions considered or public bills given second reading. We are all aware that the resolution which was passed on February 11 gives priority to government measures and that motions of this kind should be moved only by the leader of the house. But-

Topic:   BUSINESS OF THE HOUSE
Subtopic:   MOTION TO FACILITATE CONSIDERATION OF BILL NO. 110-NATIONAL SELECTIVE SERVICE INSTRUCTIONS
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LIB

Thomas Vien (Speaker of the Senate)

Liberal

Mr. SPEAKER:

I have ruled, in accordance with the practice and, as I should think, in accordance with the law of the house, that it is not competent for the hon. member to move his motion in the terms proposed.

Topic:   BUSINESS OF THE HOUSE
Subtopic:   MOTION TO FACILITATE CONSIDERATION OF BILL NO. 110-NATIONAL SELECTIVE SERVICE INSTRUCTIONS
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IND

Joseph Sasseville Roy

Independent

Mr. ROY:

I am sorry, Mr. Speaker, but I must appeal from your ruling.

Mr. Speaker put the question as follows:

Moved by Mr. Roy, seconded by Mr. Dorion:

I move, seconded by Mr. Dorion, that private members' notices of motions be now taken up, in order that the one standing in my name for the suspension of the resolution passed by the house on February 11. giving priority to government measures, be now considered so as to facilitate the passing of Bill No. 110. "an act to amend certain instructions of the national selective service of the Department of Labour."

I have ruled the motion out of order and the hon. member has appealed from the decision.

Topic:   BUSINESS OF THE HOUSE
Subtopic:   MOTION TO FACILITATE CONSIDERATION OF BILL NO. 110-NATIONAL SELECTIVE SERVICE INSTRUCTIONS
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QUESTIONS


(Questions answered orally are indicated by an asterisk.)


CONTRACTS TO EASTERN WOODWORKERS

NAT

Mr. BLACK (Cumberland):

National Government

1. How many contracts have been let to the Eastern Woodworkers since January 1, 1940, stating whether by public tender or private contract for, (a) wartime housing or other buildings: (b) shipbuilding, scows and barges; (c) special work or materials?

2. What is the total value of all such work and material, and what value has been completed or delivered?

3. How much money has the government advanced for plant, supplies and materials?

Topic:   QUESTIONS
Subtopic:   CONTRACTS TO EASTERN WOODWORKERS
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LIB

Mr. CHEVRIER: (Parliamentary Assistant to the Minister of Munitions and Supply)

Liberal

1. (a) Ten contracts: 2 by tender, 8 by negotiation.

(b) Two contracts by negotiation.

(c) Fourteen contracts were allocated to Eastern Woodworkers in 1940 and 1941 at prices set by the timber controller.

2. (a) Total contract value: Wartime Housing Ltd., 82,110,032; shipbuilding, $2,791,000; lumber and millwork, $22,855.

(b) Total value of completed work: Wartime Housing Ltd., $2,098,262; shipbuilding (approx.), $1,634,000; lumber and millwork, $22,855.

3. The Department of Munitions and Supply has only one contract with Eastern Woodworkers involving capital expenditure'. The amount of the commitment is $29,400 of which S8,375 had been advanced as of March 31, 1944, for plant and equipment.

Topic:   QUESTIONS
Subtopic:   CONTRACTS TO EASTERN WOODWORKERS
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SCRAP IRON-MOVEMENT FROM SASKATOON TO VANCOUVER

SC

Robert Fair

Social Credit

Mr. FAIR:

What was the cost per ton of moving scrap iron in carload lots from Saskatoon to Vancouver, (a) in 1938; (b) in 1943?

Topic:   QUESTIONS
Subtopic:   SCRAP IRON-MOVEMENT FROM SASKATOON TO VANCOUVER
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LIB

Joseph Enoil Michaud (Minister of Transport)

Liberal

Mr. MIGHAUD:

The freight rates were as follows: (a) 812.50 per ton of 2,000 pounds; (b) $12.50 per ton of 2,000 pounds.

Topic:   QUESTIONS
Subtopic:   SCRAP IRON-MOVEMENT FROM SASKATOON TO VANCOUVER
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ST. ELEANORS, P.E.I., AIRPORT

NAT

Mr. HAZEN:

National Government

1. Was there an airport constructed at St. Eleanors, Prince county, P.E.I.?

2. If so, what was the cost of the original heating plant installed at the airport at St. Eleanors?

3. Did this heating plant prove satisfactory?

4. Was the said heating plant removed and a new plant installed? If so, at what cost?

5. What firm installed, (a) the first heating plant at No. 1 G.R.S., St. Eleanors, and (b) the second heating plant at St. Eleanors?

Topic:   QUESTIONS
Subtopic:   ST. ELEANORS, P.E.I., AIRPORT
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LIB

Mr. MACMILLAN: (Parliamentary Assistant to the Minister of National Defence for Air)

Liberal

1. Yes.

2. No heating plant as such, was provided. All buildings were individually heated, including five hangars. Total cost of heating approximately $132,000.

3. Yes.

4. No. When the school was converted from an SFTS to a GRS, additional buildings were constructed and a small central heating plant was designed and installed to accommodate these new buildings. Provision was made in the new central plant to extend the system to inelude some of the original independently heated buildings if and when it became desirable to do so. Seven of these buildings are now being incorporated in the central steam system.

The heating units removed from these seven buildings are being used in heating other miscellaneous buildings in eastern air command.

The cost of the heating plant for new buildings 846,000.

The cost of extending the above to include seven original buildings $18,575.

5. Independent heating of various types supplied and installed by General Steel Wares Ltd., Toronto, (Space heaters); Canadian Comstock Co. Ltd., Toronto, (Hangar heating) ; The Enterprise Foundry Co. Ltd., Sack-ville, N.B., (Warm air furnaces); Connolly an

Topic:   QUESTIONS
Subtopic:   ST. ELEANORS, P.E.I., AIRPORT
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CHARTERED BANKS-PROFITS, 1930-43

SC

Robert Fair

Social Credit

Mr. FAIR:

What is the percentage of profit of each of the ten chartered banks in Canada each year from 1930 to 1943 inclusive?

Topic:   QUESTIONS
Subtopic:   CHARTERED BANKS-PROFITS, 1930-43
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LIB

Douglas Charles Abbott (Parliamentary Assistant to the Minister of Finance)

Liberal

Mr. ABBOTT:

In his speech on the second reading of bill No. 91, an act respecting banks and banking, the Minister of Finance gave the average annual rate of shareholders' net income to total published shareholders' equity for the banking system as a whole for the fifteen financial years 1929-43 and for the financial year 1943. Shareholders' net income was taken as the sum of dividends, net capital, including non-recurring profits, and net current earnings available for losses, less average annual net amount required for losses in 1929-43. These figures were based on confidential information obtained from the banks

Questions

by the Minister of Finance. It is not in the public interest to disclose this information for individual banks.

Based on the annual published profit and loss statements of the individual banks it is possible to calculate for every bank the percentage of published profits to published shareholders' investment or equity, namely, capital paid up, reserve fund and undivided profits. It should be pointed out that all banks have not published such statements in precisely the same form, not being required to do so by the general terms of section 53(8) of the Bank Act. Certain of the banks formerly disclosed in their published statements provision only for dominion note circulation tax and income tax (and in the case of one bank dominion note circulation tax only), but from about 1934 to 1940 all banks, with one exception, followed the practice of showing provision for both dominion and provincial taxes in annual statements to shareholders. Since 1940 provincial taxes have not been a factor because of the dominion-provincial agreement on taxation. Municipal and other taxes, however, which have always

totalled a substantial amount, have never been specified in annual published statements.

In view of the foregoing and to provide more uniform information for comparative purposes net profits figures have been used after allowance for taxes in all cases and after published allocations to pension funds, bank premises depreciation and for other purposes (which likewise have not been treated in a uniform manner by all banks) as these amounts are definitely provided out of earnings and consequently decrease the amount finally available to shareholders.

The 1934 percentages in the case of several banks, namely Provincial, Commerce, Royal, Dominion and Canadienne Nationale, necessarily reflect reductions made in the published rest or reserve funds of these banks in 1933 for transfers to inner reserves, as publicly announced at that time and which came to the attention of the banking and commerce committee of the House of Commons when the Bank Act was reviewed in 1934.

The statement does not include any figures for The Weyburn Security Bank, which was purchased by Imperial Bank of Canada, effective as of May 1, 1931,.

Percentages of Net Profits of Each of the Ten Chartered Banks, Expressed in Relation to Total Shareholders' Investment or Equity, for Each Fiscal Year Ended in 1930 to 1943 Inclusive

Nova Canadienne

Year Montreal Scotia Toronto Provinciale Commerce Royal Dominion Nationale Imperial Barclays1930. ... 7-04 5-38 6-00 6-43 6-51 7-38 5-98 5-27 5-93 1931. ... 5-97 5-32 5-55 6-10 5-98 5-73 5-24 5-13 5-47 . ..1932. ... 5-47 4-98 4-69 4-24 5-42 5-23 3-74 4-96 3-73 *141933. ... 4-51 4-26 4-64 3-09 4-51 4-57 5-11 5-06 4-74 *0191934. ... 4-11 4-05 4-63 4-26 4-77 5-18 5-58 5-18 4-59 *0231935. ... 3-96 4-00 4-49 4-01 4-71 5-14 5-17 4-61 4-56 [DOT]0151936. ... 3-93 4-17 6-58 4-08 4-84 5-48 5-32 4-60 4-57 [DOT]0621937. ... 3-96 4-22 5-87 4-61 4-78 5-64 5-47 4-61 4-60 [DOT]0911938. ... 3-81 4-19 5-79 4-74 4-36 5-58 4-98 4-62 4-55 [DOT]171939. ... 3-89 4-30 6-61 4-71 4-79 5-50 4-15 4-64 4-58 [DOT]0641940. ... 3-85 4-01 5-96 4-59 4-73 5-00 4-88 4-59 4-54 [DOT]261941. ... 3-86 3-98 6-24 4-63 4-74 4-83 4-74 4-58 4-61 [DOT]191942. ... 3-65 3-76 5-22 4-43 4-58 4-60 4-47 4-30 4-37 [DOT]181943. ... 3-68 3-36 4-40 4-03 4-02 4-56 4-43 3-89 4-37 [DOT]23

Footnotes:

Commerce: Fiscal year-end changed from November 30 to October 31, beginning 1938. Percentage for 1938 relates to 10-month period only.

Dominion: Fiscal year-end changed from December 31 to October 31, beginning 1939-

Percentage for 1939 relates to 10-month period only.

Canadienne Nationale: Calculations based on net profits figures before provision for

annual statutory payment of $125,000 to the Province of Quebec

provincial statute, 14 Geo. V, chapter 3.

Barclays: Commenced operations September, 1929. No profits reported until 1932 and

no annual profit and loss statements published, although one is sent to the minister under section 53 (9) of the Bank Act.

Questions

Topic:   QUESTIONS
Subtopic:   CHARTERED BANKS-PROFITS, 1930-43
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WARTIME PRICES AND TRADE BOARD-PERMITS FOR PURCHASE OF TRUCKS

IND

Frédéric Dorion

Independent

Mr. DORION:

Since the 1st of January, 1942, how many permits, in each province, have been issued each month by the wartime prices and trade board for the purchase of new trucks?

Topic:   QUESTIONS
Subtopic:   WARTIME PRICES AND TRADE BOARD-PERMITS FOR PURCHASE OF TRUCKS
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May 11, 1944