Hon. George Hees (Prince Edward-Hastings):
Mr. Speaker, I rise to move a motion under Standing Order 43 on a matter of urgent and pressing necessity. In order to overcome our trade deficit of $11 billion a year in manufactured products-the ones that produce jobs-we must improve our productivity, and to do so, we must offer incentives which will persuade producers that they will be able to pay for the new plant, machinery and production systems they will have to buy in a reasonably short space of time, and in this way make it as easy as possible for them to make the usually high expenditures involved. Therefore, I move, seconded by the hon. member for Edmonton Centre (Mr. Paproski):
That the government allow all capital expenditures involved in improving productivity to be written off in one year; and second, a plant to be rewarded in the form of a cash bonus at the end of the year in direct proportion to its increase in productivity during the year.
By improving our productivity, we can lower costs and selling prices, and in this way greatly increase sales of our manufactured products.
Sub-subtopic: PROPOSED INCENTIVES TO IMPROVE PRODUCTIVITY-MOTION UNDER S.O. 43