March 14, 1979 (30th Parliament, 4th Session)


Léonel Beaudoin

Social Credit

Mr. Leonel Beaudoin (Richmond):

Mr. Speaker, under the provisions of Standing Order 43, I ask for the unanimous consent of the House to move a motion dealing with an important matter of pressing necessity.

March 14, 1979
There is a shortage of building steel with low carbon content in eastern Canada at the present time. The supply difficulties related to a tendency of some companies to set quotas on their existing stocks have led suppliers to increase their prices. Since such behaviour erodes the purchasing power of consumers in the regions involved at a time when they can hardly cope with the new inflationary push, while some companies are making record profits, I move, seconded by the hon. member for Bellechasse (Mr. Lambert):
That the House forbid those companies to set such quotas on existing stocks so that they may not take advantage of a temporarily reduced production to increase uselessly their prices without reason and boost their profits.

Subtopic:   INDUSTRY
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