June 9, 1948

LIB

Brooke Claxton (Minister of National Defence)

Liberal

Hon. BROOKE CLAXTON (Minister of National Defence):

I havei received a report from Colonel Snow, commanding officer of the Vancouver area, who has been co-ordinating activities in connection with efforts to control the flood and provide relief in the Fraser valley. From this it appears that the situation is not yet out of the critical stage.

Flood Relief in British Columbia

Within the next two days we should know whether conditions are definitely on the mend or are likely to be considerably worse.

In view of the fact that in the United States they have had much more experience in flood control, particularly in connection with the Mississippi system, the flood control committee in Vancouver, with the concurrence of Colonel Snow, suggested that it would be useful to have the advice of American experts on the situation. Accordingly, at the request of the Premier of British Columbia, I made arrangements under which Colonel L. H. Hewitt, of the United States army, and two civilian engineers, Mr. John Monarch and Mr. Raymond Bracelin, were flown to Vancouver and yesterday inspected the dikes at Chilliwack and Vedder canal. We are greatly indebted to them for this service. Colonel Snow reports: "A number of suggestions were offered but general comment was that men in charge of dike work knew their job." They are looking over the situation in other areas.

At the present time, in addition to the naval and air force personnel engaged, there are 1,225 active and 1,359 reserve force army personnel, with another 500 active force on the way from the prairie command. Some of the reserve force men have been at work night and day for more than two weeks. Hon. members will agree that this is a very real contribution to meet a national emergency. It also represents a considerable contribution on the part of employers who would like to see their men back. Our intention is to release reserve personnel just as soon as the situation is in hand. In the meantime, I appeal to their employers to see the job through, as the men themselves are doing.

A rumour has been brought to my attention that several federal government employees have been told that the time they are spending on relief work will count against their holidays. On the authority of the cabinet I can tell the house that this is not so. Another rumour has reached me that an employer has laid off men because they were out with the reserves working on relief. I do not believe this; but if it were true I would think public opinion would be a sufficient corrective. No man should lose either job or holidays because he has been helping to meet a national emergency.

Topic:   QUESTIONS
Subtopic:   FLOOD CONDITIONS
Sub-subtopic:   FRASER VALLEY-ARRANGEMENTS BETWEEN PROVINCIAL AND DOMINION GOVERNMENTS
Permalink
LIB

Thomas Reid (Parliamentary Assistant to the Minister of Fisheries)

Liberal

Mr. REID:

Following the statement by the Minister of National Defence, commending the military and naval personnel for what they have done, I think it only fair that a word should be said on behalf of the many thousands who volunteered when the call

came, and who have been working night and day without hope of reward. I rise today to commend them for having done so.

Topic:   QUESTIONS
Subtopic:   FLOOD CONDITIONS
Sub-subtopic:   FRASER VALLEY-ARRANGEMENTS BETWEEN PROVINCIAL AND DOMINION GOVERNMENTS
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HEALTH AND WELFARE


On the orders of the day:


CCF

Stanley Howard Knowles (Whip of the Co-operative Commonwealth Federation)

Co-operative Commonwealth Federation (C.C.F.)

Mr. STANLEY KNOWLES (Winnipeg North Centre):

I should like to direct a question to the Minister of National Health and Welfare in connection with the construction of the Princess Elizabeth hospital for aged and infirm, in the city of Winnipeg. Have representations been received from that city for assistance on the basis of the recently announced health program? If so, is consideration being given this request?

Topic:   QUESTIONS
Subtopic:   HEALTH AND WELFARE
Sub-subtopic:   PRINCESS ELIZABETH HOSPITAL FOR AGED AND INFIRM, WINNIPEG
Permalink
LIB

Paul Joseph James Martin (Minister of National Health and Welfare)

Liberal

Hon. PAUL MARTIN (Minister of National Health and Welfare):

I did not receive any notice of this question. I am not able to say whether any such request has been received but I shall take the question as a notice.

Topic:   QUESTIONS
Subtopic:   HEALTH AND WELFARE
Sub-subtopic:   PRINCESS ELIZABETH HOSPITAL FOR AGED AND INFIRM, WINNIPEG
Permalink

LOAN COMPANIES ACT

AMENDMENTS WITH RESPECT TO DEFINITIONS, NUMBER OF DIRECTORS, ET CETERA


Mr. R. W. MAYHEW (Parliamentary Assistant to the Minister of Finance) moved that the house go into committee to consider Bill No. 220, to amend the Loan Companies Act. Motion agreed to and the house went into committee, Mr. Macdonald (Brantford City) in the chair.


LIB

William Ross Macdonald (Deputy Speaker and Chair of Committees of the Whole of the House of Commons)

Liberal

The CHAIRMAN:

I might point out to the committee that this bill was referred to the standing committee on banking and commerce. That committee made certain amendments to the original bill, which I shall read as we come to them.

Sections 1 to 4 inclusive agreed to.

On section 5-Number of directors.

Topic:   LOAN COMPANIES ACT
Subtopic:   AMENDMENTS WITH RESPECT TO DEFINITIONS, NUMBER OF DIRECTORS, ET CETERA
Permalink
LIB

William Ross Macdonald (Deputy Speaker and Chair of Committees of the Whole of the House of Commons)

Liberal

The CHAIRMAN:

This section was

amended in the banking and commerce committee to read:

Paragraphs (e) and (d) of subsection one of section fifteen of the said act are repealed and the following substituted therefor:

"(c) The requirements as to proxies, the record to be kept of them and the time, not exceeding ten days, within which proxies must be produced and recorded prior to a meeting in order to entitle the holder to vote thereon;

Loan Companies Act

provided that an instrument of proxy shall not be valid unless executed within one year of the date of the meeting at which it is to be used."

Section as amended agreed to.

Section 6 agreed to.

On section 7-Executive committee.

Topic:   LOAN COMPANIES ACT
Subtopic:   AMENDMENTS WITH RESPECT TO DEFINITIONS, NUMBER OF DIRECTORS, ET CETERA
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LIB

William Ross Macdonald (Deputy Speaker and Chair of Committees of the Whole of the House of Commons)

Liberal

The CHAIRMAN:

A clause was added by the committee, to be known as 7A as follows:

7A. Subsections (1) and (2) of section twenty-two of the said act are repealed and the following substituted therefor:

"22. (1) The directors may by by-law provide for the appointment of a chairman of the board who shall preside at all meetings of the board of directors.

(2) If the chairman of the board is absent, the president, or in his absence, a vice-president, or in the absence of both the president and the vice-presidents, a chairman selected by the directors present shall preside at the meetings."

Topic:   LOAN COMPANIES ACT
Subtopic:   AMENDMENTS WITH RESPECT TO DEFINITIONS, NUMBER OF DIRECTORS, ET CETERA
Permalink

Amendment agreed to. Section as amended agreed to. Sections 8 to 24 inclusive agreed to. Bill reported. Mr. MAYHEW moved that the bill be read a third time.


PC

Thomas Langton Church

Progressive Conservative

Mr. CHURCH:

Mr. Speaker, I should like to ask a question about section 6 of the bill.

Topic:   LOAN COMPANIES ACT
Subtopic:   AMENDMENTS WITH RESPECT TO DEFINITIONS, NUMBER OF DIRECTORS, ET CETERA
Permalink
LIB

Robert Wellington Mayhew (Parliamentary Assistant to the Minister of Finance)

Liberal

Air. MAYHEW:

Section 6 was carried. I do not think we should revert to the sections at this time.

Topic:   LOAN COMPANIES ACT
Subtopic:   AMENDMENTS WITH RESPECT TO DEFINITIONS, NUMBER OF DIRECTORS, ET CETERA
Permalink
LIB

William Ross Macdonald (Deputy Speaker and Chair of Committees of the Whole of the House of Commons)

Liberal

Mr. DEPUTY SPEAKER:

The hon. member for Broadview is speaking on third reading. He can do that.

Topic:   LOAN COMPANIES ACT
Subtopic:   AMENDMENTS WITH RESPECT TO DEFINITIONS, NUMBER OF DIRECTORS, ET CETERA
Permalink
PC

Thomas Langton Church

Progressive Conservative

Mr. CHURCH:

Does this bill amending the Loan Companies Act cover what were known as shark loan companies? Further, it seems to me that under section 6 these loan companies will be rich men's corporations. A shareholder must have stock to the value of $2,500. If he makes an assignment for the benefit of creditors he is disqualified. I should like to have my questions answered.

Topic:   LOAN COMPANIES ACT
Subtopic:   AMENDMENTS WITH RESPECT TO DEFINITIONS, NUMBER OF DIRECTORS, ET CETERA
Permalink
LIB

Robert Wellington Mayhew (Parliamentary Assistant to the Minister of Finance)

Liberal

Mr. MAYHEW:

To answer the hon. member's first question-

Topic:   LOAN COMPANIES ACT
Subtopic:   AMENDMENTS WITH RESPECT TO DEFINITIONS, NUMBER OF DIRECTORS, ET CETERA
Permalink
LIB

William Ross Macdonald (Deputy Speaker and Chair of Committees of the Whole of the House of Commons)

Liberal

Mr. DEPUTY SPEAKER:

I would point out that we are now on the motion for third reading. The hon. member for Broadview has spoken.

Topic:   LOAN COMPANIES ACT
Subtopic:   AMENDMENTS WITH RESPECT TO DEFINITIONS, NUMBER OF DIRECTORS, ET CETERA
Permalink
LIB

Robert Wellington Mayhew (Parliamentary Assistant to the Minister of Finance)

Liberal

Mr. R. W. MAYHEW (Parliamentary Assistant to the Minister of Finance):

Mr. Speaker, in answer to the first question let me say that this measure does not include the small loan companies. If the hon. member will refer to section l(2)(i) he will find the expression, "exercising all the powers set forth."

[The Chairman.]

The word "all" is put in to include the loan companies but to exclude the small loan companies.

Topic:   LOAN COMPANIES ACT
Subtopic:   AMENDMENTS WITH RESPECT TO DEFINITIONS, NUMBER OF DIRECTORS, ET CETERA
Permalink

June 9, 1948