December 19, 1951

LIB

Douglas Charles Abbott (Minister of Finance and Receiver General)

Liberal

Mr. Abbott:

Are you sure?

Topic:   COMBINES INVESTIGATION ACT
Subtopic:   AMENDMENT TO FORBID THE FIXING OF SPECIFIC OR MINIMUM RESALE PRICES
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PC

William Joseph Browne

Progressive Conservative

Mr. Browne (St. John's West):

Yes, I feel sure that it will have serious effects upon our economy. The government intends to prohibit resale price maintenance. It intends to prohibit any arrangement between a manufacturer and a retailer as to the price at which the manufacturer's products shall be sold. This leaves the door open to the loss leader practice. The -loss leader practice is an abuse of trade, and it would have been far better if the Minister of Justice had askqd the MacQuarrie committee to advise the government as to what they should do about this loss leader practice rather than about resale price maintenance.

Topic:   COMBINES INVESTIGATION ACT
Subtopic:   AMENDMENT TO FORBID THE FIXING OF SPECIFIC OR MINIMUM RESALE PRICES
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?

An hon. Member:

What is a loss leader?

Topic:   COMBINES INVESTIGATION ACT
Subtopic:   AMENDMENT TO FORBID THE FIXING OF SPECIFIC OR MINIMUM RESALE PRICES
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?

An hon. Member:

A leader of the opposition.

Topic:   COMBINES INVESTIGATION ACT
Subtopic:   AMENDMENT TO FORBID THE FIXING OF SPECIFIC OR MINIMUM RESALE PRICES
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LIB

Daniel Aloysius Riley

Liberal

Mr. Riley:

How many have they lost?

Topic:   COMBINES INVESTIGATION ACT
Subtopic:   AMENDMENT TO FORBID THE FIXING OF SPECIFIC OR MINIMUM RESALE PRICES
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PC

William Joseph Browne

Progressive Conservative

Mr. Browne (Si. John's West):

Now, Mr. Speaker, if resale price maintenance is abolished, as the government intends to do, we shall come back to the question of the Forsyth shirt. Tomorrow or the next day, perhaps in- the January sales that have been mentioned, the big departmental stores will advertise Forsyth shirts which formerly cost $5 for $3.98 or $2.98. All the members of the Liberal party can flock in and get their shirts $1.20 or so cheaper than before. The effect will be that the retailer who was doing a legitimate business will not be able to sell any more shirts of that type. I have only mentioned one article. If the practice is as widespread as the Minister of Justice wishes the house to believe, then that performance could be repeated in all the other different lines, and in all the different commodities in the drug business, as well as the hardware business.

Topic:   COMBINES INVESTIGATION ACT
Subtopic:   AMENDMENT TO FORBID THE FIXING OF SPECIFIC OR MINIMUM RESALE PRICES
Permalink
LIB

Douglas Charles Abbott (Minister of Finance and Receiver General)

Liberal

Mr. Abbott:

Give the next speaker a chance. He is waiting behind the curtain.

Topic:   COMBINES INVESTIGATION ACT
Subtopic:   AMENDMENT TO FORBID THE FIXING OF SPECIFIC OR MINIMUM RESALE PRICES
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PC

Edmund Davie Fulton

Progressive Conservative

Mr. Fulton:

If you would give this speaker a chance, he could finish his speech.

Topic:   COMBINES INVESTIGATION ACT
Subtopic:   AMENDMENT TO FORBID THE FIXING OF SPECIFIC OR MINIMUM RESALE PRICES
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LIB

Joseph-Alfred Dion (Deputy Speaker and Chair of Committees of the Whole of the House of Commons)

Liberal

Mr. Deputy Speaker:

Order.

Topic:   COMBINES INVESTIGATION ACT
Subtopic:   AMENDMENT TO FORBID THE FIXING OF SPECIFIC OR MINIMUM RESALE PRICES
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PC

William Joseph Browne

Progressive Conservative

Mr. Browne (St. John's West):

Topic:   COMBINES INVESTIGATION ACT
Subtopic:   AMENDMENT TO FORBID THE FIXING OF SPECIFIC OR MINIMUM RESALE PRICES
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?

An hon. Member:

You are absolutely

wrong.

Topic:   COMBINES INVESTIGATION ACT
Subtopic:   AMENDMENT TO FORBID THE FIXING OF SPECIFIC OR MINIMUM RESALE PRICES
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PC

William Joseph Browne

Progressive Conservative

Mr. Browne (St. John's West):

Perhaps the hon. member who interrupted will explain where I am wrong. I am stating what I understand to be correct, and if I am wrong I am open to correction. I shall be only too grateful to the hon. member if he will correct me, because I am sure no member in this house wants to be left in the position of not stating what is right. If such a situation should occur in the city of Montreal or Toronto, is it not going to have a serious effect upon the small retailer who has been selling articles at resale price-maintained prices? I say it is going to have serious effects. No one can tell, not even our wise Minister of Finance who predicted a $20 million-

Topic:   COMBINES INVESTIGATION ACT
Subtopic:   AMENDMENT TO FORBID THE FIXING OF SPECIFIC OR MINIMUM RESALE PRICES
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LIB

Douglas Charles Abbott (Minister of Finance and Receiver General)

Liberal

Mr. Abbott:

No, $30 million.

Topic:   COMBINES INVESTIGATION ACT
Subtopic:   AMENDMENT TO FORBID THE FIXING OF SPECIFIC OR MINIMUM RESALE PRICES
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PC

Gordon Knapman Fraser

Progressive Conservative

Mr. Fraser:

What is $10 million to you?

Topic:   COMBINES INVESTIGATION ACT
Subtopic:   AMENDMENT TO FORBID THE FIXING OF SPECIFIC OR MINIMUM RESALE PRICES
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LIB

Daniel Aloysius Riley

Liberal

Mr. Riley:

You did not read his budget speech.

Topic:   COMBINES INVESTIGATION ACT
Subtopic:   AMENDMENT TO FORBID THE FIXING OF SPECIFIC OR MINIMUM RESALE PRICES
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LIB

Joseph-Alfred Dion (Deputy Speaker and Chair of Committees of the Whole of the House of Commons)

Liberal

Mr. Deputy Speaker:

Order.

Topic:   COMBINES INVESTIGATION ACT
Subtopic:   AMENDMENT TO FORBID THE FIXING OF SPECIFIC OR MINIMUM RESALE PRICES
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PC

Edmund Davie Fulton

Progressive Conservative

Mr. Fulton:

I wish the minister would always be as concerned about $10 million.

Topic:   COMBINES INVESTIGATION ACT
Subtopic:   AMENDMENT TO FORBID THE FIXING OF SPECIFIC OR MINIMUM RESALE PRICES
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LIB

Douglas Charles Abbott (Minister of Finance and Receiver General)

Liberal

Mr. Abbott:

Don't take so long to think those up. They are better when they are spontaneous.

Topic:   COMBINES INVESTIGATION ACT
Subtopic:   AMENDMENT TO FORBID THE FIXING OF SPECIFIC OR MINIMUM RESALE PRICES
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?

Some hon. Members:

Time.

Topic:   COMBINES INVESTIGATION ACT
Subtopic:   AMENDMENT TO FORBID THE FIXING OF SPECIFIC OR MINIMUM RESALE PRICES
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LIB

Elie Beauregard (Speaker of the Senate)

Liberal

Mr. Speaker:

I must inform the hon.

member that his time has expired.

Topic:   COMBINES INVESTIGATION ACT
Subtopic:   AMENDMENT TO FORBID THE FIXING OF SPECIFIC OR MINIMUM RESALE PRICES
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December 19, 1951