June 13, 1934 (17th Parliament, 5th Session)

CON

Richard Bedford Bennett (Prime Minister; President of the Privy Council; Secretary of State for External Affairs)

Conservative (1867-1942)

Mr. BENNETT:

I direct the attention of the hon. gentleman to the fact that the answer to this question is not within the power of the federal government. The trust companies and loan companies are operating in many instances under provincial charters, and it merely means that we should have to endeavour to secure the information, which I think we should not be asked to do; and the provisions as to audit by the
i
Questions

dominion are provided for in the statutes that we have ourselves enacted dealing with loan and trust companies, over which we have jurisdiction. I think the question should be dropped.

Topic:   QUESTIONS
Subtopic:   TRUST AND LOAN COMPANIES
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