I think it is. I do not 'think I shall take the time to read it; I have insufficient time as it is to say all I wish to say. However, if the hon. member wishes to hear it, I shall certainly place it on Hansard.
During the period to which we are referring the price of implements has advanced greatly in the United States and I believe that at the present time in that country an investigation is taking place into the question. One cannot help wondering if the government is waiting to see if any action is going to be taken over there before taking action themselves in the matter. Under the circumstances I do not believe the government will take any action. In fact, standing in my place this afternoon I feel I can assure the implement companies that at the present time no action detrimental to their interests will be taken by the government.
I should like to refer to a recommendation made by the mover of the motion. He appealed to the government to remove entirely the duty on agricultural implements, on the ground that Canada's market for wheat has been lost through increased tariff protection, exchange control, quotas and price-fixing by European countries, and that therefore the cost of production in Canada should be lowered by removing the duty on agricultural implements. I wonder if the hon. member realizes how small an effect such action would have.
The average sales of agricultural implements in Canada in the ten year period between 1926 and 1935 were approximately $39,000,000. During that time the average wheat production was $377,000,000. If the 7\ per cent duty were removed, and if the farmer received the full benefit of it, it would amount to only about four-fifths of a cent per bushel. That would have 'been the amount if the implements had been used only in the production of wheat. But when you consider that they were also used to produce oats, barley, rye, flax, hay, fruit and vegetables, and even dairy products, I am sure the committee must agree with me that the effect on the cost of production of farm products would be absolutely negligible.
Farm Implements Committee Report
Subtopic: MOTION FOR CONCURRENCE IN SECOND REPORT PRESENTED APRIL 8, 1937