I am introducing this Bill for the reason that our present laws do not appear to provide for the incorporation and supervision of co-operative societies. My hon. friend from Jacques Cartier (Mr. Monk) introduced the other day a Bill for the purpose of providing for the incorporation and supervision of co-operative societies confined solely to the loan and credit aspect. I had intended providing in my Bill for the incorporation and supervision of trading societies only. However, after consideration and consultation with my hon. friend, I thought it better to introduce a Bill which would cover both kinds of societies. Therefore the Bill I am introducing provides for the incorporation and supervision of all kinds of co-operative societies.