March 14, 1939 (18th Parliament, 4th Session)

CCF

Major James William Coldwell

Co-operative Commonwealth Federation (C.C.F.)

Mr. COLDWELL:

Exactly. They all come under some provisions of the bill; but the point I am just making is this, that we object to the making of profits out of what we regard, rightly or wrongly-we are all entitled to our opinions-as in a measure blood money. We say, and I think the minister agrees, that as far as the limitation of profit is concerned under this bill, the companies to which I have referred do not come under all, but only that part of them which do not secure contracts by competitive tender. We say that the whole of them should be controlled.
The limitation of profits in this bill is also somewhat obscure. If we turn to section 7, subsection 1, at page 4, we find these words:
The maximum net profit-

Topic:   NATIONAL DEFENCE
Subtopic:   CREATION OP DEFENCE PURCHASING BOARD TO ENTER INTO CONTRACTS FOR MUNITIONS, EQUIPMENT, MATERIALS AND SUPPLIES
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