July 13, 1942 (19th Parliament, 3rd Session)

LIB

James Lorimer Ilsley (Minister of Finance and Receiver General)

Liberal

Mr. ILSLEY:

I have an amendment to
propose. This resolution imposes a new tax of 30 per cent on manufacturers of chocolate, candies, et cetera. The amendment I have to propose is in the form of a proviso, the effect of which is to substitute for the 30 per cent tax in the case of items packaged by the manufacturers to sell normally in the retail trade for five cents, ten cents and fifteen cents, a tax of one cent, two cents and three cents respectively. This proposal is made with a view to equalizing the tax as between manufacturers of these classes of fixed price items. I believe it will find favour with the trade generally.

Topic:   SPECIAL WAR REVENUE ACT
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