W'ell then, if not, you
are only insuring the bad risks and therefore the premium will probably have to be very high. It confirms what was said by the hon. member for Winnipeg North Centre; we are running the risk of the good trades making a good profit for the individuals or corporations that make the trade, and the country is apt to take the loss on the poor risks, unless the premium is very high and perhaps almost prohibitive. I think we should have a clearer picture of what we are undertaking in this bill. I can see some circumstances under which this is a very good measure indeed. On the other hand, I think the committee is entitled to more information than we are getting, regarding the basis of premiums and the method of operation and so on.
Subtopic: MEASURE TO FACILITATE AND DEVELOP TRADE BETWEEN CANADA AND OTHER COUNTRIES