June 23, 1972

IND

Lucien Lamoureux (Speaker of the House of Commons)

Independent

Mr. Speaker:

Order, please. That is a representation.

Topic:   STUDENT SUMMER EMPLOYMENT PROGRAM-REQUEST FOR RETURN TO WEEKLY RATHER THAN HOURLY PAY SCALE
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NATURAL GAS-INQUIRY AS TO RECONSIDERATION OF RESERVES BY ENERGY BOARD

PC

Stanley Stanford Schumacher

Progressive Conservative

Mr. Stan Schumacher (Palliser):

Mr. Speaker, my question is for the Minister of Energy, Mines and Resources. It arises out of the recent public statement by the minister to the effect that he thought reconsideration should be given by the National Energy Board to the quantity of natural gas reserves in Canada, particularly in view of recent discoveries in the Arctic. Because of that statement and because of the application to the National Energy Board by Dome Petroleum for the export of ethane, has the government asked the board to reconsider its judgment with respect to Canadian natural gas reserves which it made last November?

Topic:   NATURAL GAS-INQUIRY AS TO RECONSIDERATION OF RESERVES BY ENERGY BOARD
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LIB

Donald Stovel Macdonald (Minister of Energy, Mines and Resources)

Liberal

Hon. Donald S. Macdonald (Minister of Energy, Mines and Resources):

Mr. Speaker, not in general terms, no. The hon. member will recall that the Dome application is really to determine whether the ethane proposal is separable from the general export of gas. At the moment the government and Dome Petroleum are awaiting the decision of the National Energy Board on that question. On

June 23, 1972

the broader question, the question of reserves would only arise with respect to the possibility of taking into account frontier oil and gas reserves which at the moment are not accessible and are still being proven.

Topic:   NATURAL GAS-INQUIRY AS TO RECONSIDERATION OF RESERVES BY ENERGY BOARD
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PROPOSED MACKENZIE VALLEY GAS PIPELINE-PERCENTAGE OF CANADIAN PARTICIPATION-AVAILABILITY OF CANADIAN CAPITAL

PC

Eldon Mattison Woolliams

Progressive Conservative

Mr. Eldon M. Woolliams (Calgary North):

Mr. Speaker, I have a supplementary question for the Minister of Energy, Mines and Resources. In light of reports in the financial pages of the Globe and Mail and other financial papers of Canada and the fact that the minister talks about Canadian participation with regard to the building of a proposed pipeline to transport natural gas from the Arctic to industrial centres in Canada and the United States, will the minister inform the House what percentage of Canadian participation there will be and what guarantee was made in that regard when he met with the American companies which make up about 75 per cent of the consortium?

Topic:   PROPOSED MACKENZIE VALLEY GAS PIPELINE-PERCENTAGE OF CANADIAN PARTICIPATION-AVAILABILITY OF CANADIAN CAPITAL
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LIB

Donald Stovel Macdonald (Minister of Energy, Mines and Resources)

Liberal

Hon. Donald S. Macdonald (Minister of Energy. Mines and Resources):

Mr. Speaker, I have not yet met with the new consortium. My objective would be to have majority Canadian equity participation in the pipeline and to have the vast majority, particularly of the consultant and engineering work, done by Canadians operating here in Canada.

Topic:   PROPOSED MACKENZIE VALLEY GAS PIPELINE-PERCENTAGE OF CANADIAN PARTICIPATION-AVAILABILITY OF CANADIAN CAPITAL
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?

Some hon. Members:

Hear, hear!

Topic:   PROPOSED MACKENZIE VALLEY GAS PIPELINE-PERCENTAGE OF CANADIAN PARTICIPATION-AVAILABILITY OF CANADIAN CAPITAL
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PC

Eldon Mattison Woolliams

Progressive Conservative

Mr. Woolliams:

In light of the fact that in the same article it is reported that if the pipeline were built to join up with the Alberta Trunk gas line or to the lakehead, the one pipeline would cost $3 billion and the other would cost $5 billion, has the minister in his research or investigation considered whether Canada would have sufficient financial resources to put up the majority of the money to build the pipeline in question? Can he assure the country and the House in that regard at this moment?

Topic:   PROPOSED MACKENZIE VALLEY GAS PIPELINE-PERCENTAGE OF CANADIAN PARTICIPATION-AVAILABILITY OF CANADIAN CAPITAL
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LIB

Donald Stovel Macdonald (Minister of Energy, Mines and Resources)

Liberal

Mr. Macdonald (Rosedale):

Mr. Speaker, I do not happen to be an investment dealer and therefore I cannot give the hon. member a forecast on the state of the market this year, next year or in the next five years. However, I would point out that this project will not only be the largest financing project ever undertaken in Canada but the largest financing project ever undertaken in North America. Therefore it is very likely that other than Canadian financing, preferably in debt form, would be required for the project.

Topic:   PROPOSED MACKENZIE VALLEY GAS PIPELINE-PERCENTAGE OF CANADIAN PARTICIPATION-AVAILABILITY OF CANADIAN CAPITAL
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INDUSTRY

TEXTILES-REGULATIONS RESPECTING PENSIONS- SUGGESTED AMENDMENT OF ACT

SC

Léonel Beaudoin

Social Credit

Mr. Leonel Beaudoin (Richmond):

Mr. Speaker, I have a question for the Minister of Industry, Trade and Commerce.

Inquiries of the Ministry

Given the very high standards governing pensions for the employees of the textile industry who must retire at age 55, can the hon. minister tell us if he intends to table amendments to the legislation allowing these pensioners to draw their pension without too much trouble?

Topic:   INDUSTRY
Subtopic:   TEXTILES-REGULATIONS RESPECTING PENSIONS- SUGGESTED AMENDMENT OF ACT
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LIB

Jean-Luc Pepin (Minister of Industry, Trade and Commerce)

Liberal

Hon. lean-Luc Pepin (Minister of Industry. Trade and Commerce):

Mr. Speaker, this part of the textile industry policy comes under the Minister of Labour and I know that he has received requests to soften the administration of this program. I will see the minister on the matter.

Topic:   INDUSTRY
Subtopic:   TEXTILES-REGULATIONS RESPECTING PENSIONS- SUGGESTED AMENDMENT OF ACT
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REQUEST FOR ACTION TO PREVENT CLOSURE OF PORT

MOODY PLANT OF CASCADE-DELTA BENCO COMPANY

NDP

Mark Willson Rose

New Democratic Party

Mr. Mark Rose (Fraser Valley West):

Mr. Speaker, I wish to direct my question to the Minister of Industry, Trade and Commerce. Is the minister aware that the recently merged Cascade-Delta Benco Company, a manufacturer of cablevision equipment, has decided to close its Port Moody plant with the loss of some 60 jobs in that area? As the Vancouver metropolitan area's unemployment rate is now running about 9 per cent, will the minister look into this closure and use his good offices to persuade the company not to close that plant?

Topic:   REQUEST FOR ACTION TO PREVENT CLOSURE OF PORT
Subtopic:   MOODY PLANT OF CASCADE-DELTA BENCO COMPANY
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LIB

Jean-Luc Pepin (Minister of Industry, Trade and Commerce)

Liberal

Hon. lean-Luc Pepin (Minister of Industry. Trade and Commerce):

Mr. Speaker, I will certainly look into that.

Topic:   REQUEST FOR ACTION TO PREVENT CLOSURE OF PORT
Subtopic:   MOODY PLANT OF CASCADE-DELTA BENCO COMPANY
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NDP

Mark Willson Rose

New Democratic Party

Mr. Rose:

I am sorry, Mr. Speaker. I did not quite catch the minister's mumbled answer. I wish to ask a supplementary question. Since Cascade-Delta Benco is largely foreign-owned and its principals hold immense interests in cable broadcasting, including public licenses granted by the Canadian Radio-Television Commission, will the government urge the CRTC to investigate this company on the grounds of concentration of ownership in the media?

Topic:   REQUEST FOR ACTION TO PREVENT CLOSURE OF PORT
Subtopic:   MOODY PLANT OF CASCADE-DELTA BENCO COMPANY
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LIB

Jean-Luc Pepin (Minister of Industry, Trade and Commerce)

Liberal

Mr. Pepin:

Mr. Speaker, the hon. member will make a contribution if he will vote in favour of Bill C-201 which would give the government some power in cases of takeovers.

Topic:   REQUEST FOR ACTION TO PREVENT CLOSURE OF PORT
Subtopic:   MOODY PLANT OF CASCADE-DELTA BENCO COMPANY
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June 23, 1972