August 2, 1946 (20th Parliament, 2nd Session)

CCF

Major James William Coldwell

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

Mr. COLDWELL:

May I ask a supplementary question? Does not the right hon. gentleman think that when banks are given permission to act in this capacity it should be seen to that the employees receive sufficient remuneration to remove them from temptation?
Mr. ST. LAURENT: Though the banks are chartered by the dominion parliament, the administration of their affairs is under the control of their respective boards of directors, and it would be difficult for any department of the federal government to undertake to see that all those employed by organizations which derive their charter powers from parliament are properly remunerated.

Topic:   EXTERNAL AFFAIRS
Subtopic:   PRICES AND TRADE BOARD
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