April 1, 1966

CONSUMER CREDIT


First report of special joint committee on consumer credit-Mr. Basford. [Note: Text of foregoing report appears in today's Votes and Proceedings.]


EXTERNAL AFFAIRS

?

Hon. Paul Marlin@Secretary of Stale for External Affairs

I wish to table a copy of an aide memoire from the government of France to the government of Canada dated March 29. This copy is in French. The English translation will be tabled before one o'clock.

Topic:   CONSUMER CREDIT
Subtopic:   EXTERNAL AFFAIRS
Sub-subtopic:   NATO-TABLING OF AIDE MEMOIRE FROM FRANCE
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LIB

Lucien Lamoureux (Speaker of the House of Commons)

Liberal

Mr. Speaker:

Has the minister leave to table the document to which he has referred?

Topic:   CONSUMER CREDIT
Subtopic:   EXTERNAL AFFAIRS
Sub-subtopic:   NATO-TABLING OF AIDE MEMOIRE FROM FRANCE
Permalink
?

Some hon. Members:

Agreed.

Topic:   CONSUMER CREDIT
Subtopic:   EXTERNAL AFFAIRS
Sub-subtopic:   NATO-TABLING OF AIDE MEMOIRE FROM FRANCE
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CANADA CORPORATION ACT

FILING OF FINANCIAL STATEMENTS BY SUBSIDIARIES OF U.S. COMPANIES

IND

Maurice Allard

Independent Progressive Conservative

Mr. Maurice Allard (Sherbrooke) moved

for leave to introduce Bill No. C-163, to amend the Canada Corporations Act.

Topic:   CANADA CORPORATION ACT
Subtopic:   FILING OF FINANCIAL STATEMENTS BY SUBSIDIARIES OF U.S. COMPANIES
Permalink
?

Some hon. Members:

Explain.

Topic:   CANADA CORPORATION ACT
Subtopic:   FILING OF FINANCIAL STATEMENTS BY SUBSIDIARIES OF U.S. COMPANIES
Permalink
IND

Maurice Allard

Independent Progressive Conservative

Mr. Allard:

Mr. Speaker, the statements made yesterday by the Minister of Trade and Commerce (Mr. Winters) on Canada subsidiaries of American firms were in perfect accord with the spirit of this bill which had been put on the order paper of the house last Wednesday.

This bill was prompted by the effects of the American guide lines on the Canadian economy. Its purpose is to amend the Canada Corporations Act and to require Canadian subsidiaries of American firms to submit a financial report annually, which report will be examined and will show their financial operations.

Motion agreed to and bill read the first time.

[English1

Topic:   CANADA CORPORATION ACT
Subtopic:   FILING OF FINANCIAL STATEMENTS BY SUBSIDIARIES OF U.S. COMPANIES
Permalink

EXTERNAL AFFAIRS


On the orders of the day:


PC

John George Diefenbaker (Leader of the Official Opposition)

Progressive Conservative

Right Hon. J. G. Diefenbaker (Leader of the Opposition):

Mr. Speaker, I should like to ask the Prime Minister whether he is in a position to report on the discussions he had yesterday with our high commissioner to the United Kingdom, and whether there is any basis in fact for the report which came over television that as far as the embargo against Rhodesia is concerned it has proven to be only 50 per cent effective, and that if there is to be any effective action further steps will have to be taken.

Topic:   CANADA CORPORATION ACT
Subtopic:   EXTERNAL AFFAIRS
Sub-subtopic:   RHODESIA-SUGGESTED INEFFECTIVENESS OF SANCTIONS
Permalink
LIB

Lester Bowles Pearson (Prime Minister)

Liberal

Right Hon. L. B. Pearson (Prime Minister):

Mr. Speaker, in discussing this matter with the high commissioner we naturally went into the effectiveness of the economic measures against Rhodesia. The high commissioner is chairman of the economic sanctions committee which was set up at Lagos, and that committee is to meet in London next week. But we have no information which would justify any percentage figure of effectiveness.

We did not discuss any further steps to be taken. That will have to be considered by the committee itself and by the governments concerned, although we did mention the possibility of United Nations action in the security council, under chapter 7, because that has been indicated by one or two members of the commonwealth as being the next step if the economic measures now being taken are not satisfactory.

Topic:   CANADA CORPORATION ACT
Subtopic:   EXTERNAL AFFAIRS
Sub-subtopic:   RHODESIA-SUGGESTED INEFFECTIVENESS OF SANCTIONS
Permalink
PC

John George Diefenbaker (Leader of the Official Opposition)

Progressive Conservative

Mr. Diefenbaker:

Is there any basis in fact for the reports that have come out that so far as the present embargos are concerned they have not been effective in achieving the objectives that were in mind at the time they were imposed?

Topic:   CANADA CORPORATION ACT
Subtopic:   EXTERNAL AFFAIRS
Sub-subtopic:   RHODESIA-SUGGESTED INEFFECTIVENESS OF SANCTIONS
Permalink
LIB

Lester Bowles Pearson (Prime Minister)

Liberal

Mr. Pearson:

Mr. Speaker, they certainly have not been effective as of this moment, but we should not accept the conclusion that they will not be ultimately effective to accomplish the purposes we had in mind at the Lagos conference.

April 1, 1966

Inquiries of the Ministry [Translation]

Topic:   CANADA CORPORATION ACT
Subtopic:   EXTERNAL AFFAIRS
Sub-subtopic:   RHODESIA-SUGGESTED INEFFECTIVENESS OF SANCTIONS
Permalink

On the orders of the day:


RA

Gérard Laprise

Ralliement Créditiste

Mr. Gerard Laprise (Chapleau):

Mr. Speaker, I should like to put a question to the Secretary of State for External Affairs.

Would the minister tell us whether it is true that four Canadians have been arrested in Cyprus and whether the Canadian government has investigated or will investigate in this connection?

Topic:   CANADA CORPORATION ACT
Subtopic:   EXTERNAL AFFAIRS
Sub-subtopic:   CYPRUS-ARREST OP FOUR CANADIAN CITIZENS
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LIB

Paul Joseph James Martin (Secretary of State for External Affairs)

Liberal

Hon. Paul Martin (Secretary of State for External Affairs):

Yes, Mr. Speaker, we are looking into the matter at present and I might have something to say Monday or Tuesday at the committee on external affairs.

Topic:   CANADA CORPORATION ACT
Subtopic:   EXTERNAL AFFAIRS
Sub-subtopic:   CYPRUS-ARREST OP FOUR CANADIAN CITIZENS
Permalink

April 1, 1966