March 4, 1968

EXTERNAL AFFAIRS

TABLING OF DOCUMENTS RESPECTING RELATIONS WITH GABON


Righl Hon. L. B. Pearson (Prime Minister): I should like to table a copy of the statement issued by me during the lunch hour on relations between the Republic of Gabon and Canada, together with a note from the Secretary of State for External Affairs to the foreign minister of Gabon which was attached to that statement.


LIB

Lucien Lamoureux (Speaker of the House of Commons)

Liberal

Mr. Speaker:

Has the Prime Minister permission to table these documents?

Topic:   EXTERNAL AFFAIRS
Subtopic:   TABLING OF DOCUMENTS RESPECTING RELATIONS WITH GABON
Permalink
?

Some hon. Members:

Agreed.

Topic:   EXTERNAL AFFAIRS
Subtopic:   TABLING OF DOCUMENTS RESPECTING RELATIONS WITH GABON
Permalink
PC

Robert Lorne Stanfield (Leader of the Official Opposition)

Progressive Conservative

Hon. Robert L. Stanfield (Leader of the Opposition):

I do not know whether I am in order at this point, but may I ask the Prime Minister whether he would also table the note which the Canadian government received from Gabon?

Topic:   EXTERNAL AFFAIRS
Subtopic:   TABLING OF DOCUMENTS RESPECTING RELATIONS WITH GABON
Permalink
LIB

Lester Bowles Pearson (Prime Minister)

Liberal

Mr. Pearson:

I would be glad to look into that at once. I do not know whether a written note was received; I think there was a discussion with the ambassador of Gabon representing his government, but I will look into the matter and see whether we can table a report of that conversation.

Topic:   EXTERNAL AFFAIRS
Subtopic:   TABLING OF DOCUMENTS RESPECTING RELATIONS WITH GABON
Permalink

FINANCE

REQUEST THAT INVESTORS REFRAIN FROM SWAPPED DEPOSIT TRANSACTIONS

LIB

Mitchell William Sharp (Minister of Finance and Receiver General)

Liberal

Hon. Miichell Sharp (Minister of Finance):

Members of the house will be aware of accounts which have appeared in the public media regarding the disturbed state of international financial markets which developed at the end of last week. I believe these reports are greatly exaggerated, and that the situation is not as disturbed as it has been made out to be.

However, the developments of the last few days have resulted in a marked increase in the short term rates of interest in the so-called Euro-dollar market. These rates have 27053-454

risen to very high levels. In view of the already high level of short term rates of interest in Canada it has been thought desirable to protect the Canadian interest rate structure from the effect of these short term rates in the Euro-dollar market as far as we can.

The governor of the Bank of Canada has this morning, by agreement with me requested the banks and other financial intermediaries for the time being not to facilitate swapped deposit transactions, which constitute the main link between the Canadian short term interest rate structure and the rate prevailing in the Euro-dollar market.

I wish therefore to request Canadian investors for the time being to refrain from entering into or renewing swapped deposit transactions through any intermediary, Canadian or non-Canadian. By way of explanation I should add that swapped deposits are made with Canadian funds which are converted into a foreign currency, usually U.S. dollars, and placed on term deposit with a bank or other intermediary, with the intermediary undertaking through a forward contract to convert them back into Canadian dollars at maturity.

Topic:   FINANCE
Subtopic:   REQUEST THAT INVESTORS REFRAIN FROM SWAPPED DEPOSIT TRANSACTIONS
Permalink

HISTORIC SITES

TABLING OF POLICY STATEMENT

LIB

Arthur Laing (Minister of Indian Affairs and Northern Development)

Liberal

Hon. Arthur Laing (Minister of Indian Affairs and Northern Development):

I ask

permission to table copies in both languages of a policy statement on national historic sites of Canada.

Topic:   HISTORIC SITES
Subtopic:   TABLING OF POLICY STATEMENT
Permalink
LIB

Lucien Lamoureux (Speaker of the House of Commons)

Liberal

Mr. Speaker:

Has the minister leave to table these documents?

Topic:   HISTORIC SITES
Subtopic:   TABLING OF POLICY STATEMENT
Permalink
?

Some hon. Members:

Agreed.

Topic:   HISTORIC SITES
Subtopic:   TABLING OF POLICY STATEMENT
Permalink

PROVISION FOR MATERNITY LEAVE BEFORE AND AFTER CHILDBIRTH

NDP

Winona Grace MacInnis

New Democratic Party

Mrs. Grace Maclnnis (Vancouver Kings-way) moved

for leave to introduce Bill No. C-204, respecting the employment of women in federal jurisdiction before and after childbirth.

Topic:   PROVISION FOR MATERNITY LEAVE BEFORE AND AFTER CHILDBIRTH
Permalink
NDP

Stanley Howard Knowles (N.D.P. House Leader; Whip of the N.D.P.)

New Democratic Party

Mr. Knowles:

Explain.

March 4, 1968

Questions

Topic:   PROVISION FOR MATERNITY LEAVE BEFORE AND AFTER CHILDBIRTH
Permalink
NDP

Winona Grace MacInnis

New Democratic Party

Mrs. Maclnnis (Vancouver-Kingsway):

As

the explanatory note indicates, the purpose of this bill is to provide maternity leave for women employed in any work, undertaking or business within the legislative authority of the parliament of Canada.

Its provisions are in line with standards laid down by the International Labour Organization and adopted in varying degrees by countries throughout the world. It is hoped that by adopting such legislation as is proposed the parliament of Canada may encourage the provincial legislatures to do likewise.

Motion agreed and bill read the first time.

Topic:   PROVISION FOR MATERNITY LEAVE BEFORE AND AFTER CHILDBIRTH
Permalink

QUESTIONS

March 4, 1968