John Lambert GIBSON

GIBSON, John Lambert

Personal Data

Party
Independent
Constituency
Comox--Alberni (British Columbia)
Birth Date
March 7, 1906
Deceased Date
December 17, 1986
Website
http://en.wikipedia.org/wiki/John_Lambert_Gibson
PARLINFO
http://www.parl.gc.ca/parlinfo/Files/Parliamentarian.aspx?Item=1d30dd9e-3f4e-41e0-a6e6-4ba4580b786a&Language=E&Section=ALL
Profession
logger, lumber merchant

Parliamentary Career

June 11, 1945 - April 30, 1949
IND
  Comox--Alberni (British Columbia)
June 27, 1949 - June 13, 1953
IND
  Comox--Alberni (British Columbia)

Most Recent Speeches (Page 4 of 252)


March 12, 1953

Mr. J. L. Gibson (Comox-Alberni):

This afternoon I intend to refer to the budget only in general terms because it seems to me that in this long debate the details of the budget have been pretty well tossed back and forth from both sides of the house. I think the Canadian people have a pretty good idea of what is in it and how everybody feels about it.

It seems to me that the Minister of Finance (Mr. Abbott) has displayed great ingenuity and resourcefulness in spreading the tax concessions he has made throughout such a large segment of the Canadian economy. I, personally, am very pleased to see that he was able to eliminate the nuisance taxes and also I am pleased to see the fine job that he did in encouraging investment of Canadian people's savings in Canadian industry.

I think it is a matter of great gratification to us all that our per capita debt continues to be reduced and that our net debt is a smaller proportion of our national productive capacity than it has ever been. Despite the last great war and our great contributions to it, and the gifts which this country has made since, we have the second highest standard of living of any people on earth. I think that is a great thing to realize. When we actually consider the per capita debt that we owe, and the future of this country, we can probably say that Canadians are the richest people in the world.

I would say that we should in all fairness give a certain measure of credit to this government for the prestige this country holds throughout the western world. I am sure that when Canadians go overseas to attend the coronation this year they will be able, and I quote the words of the Minister of National Health and Welfare (Mr. Martin), "to say with meaning and to say with pride that they are Canadians".

This has, of course, been called an election budget. Perhaps it is more fair to say that this is the last budget we shall have before *an election.

Topic:   ANNUAL FINANCIAL STATEMENT OF THE MINISTER OF FINANCE
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March 12, 1953

Mr. Gibson:

I just talk about what I know.

Topic:   ANNUAL FINANCIAL STATEMENT OF THE MINISTER OF FINANCE
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March 12, 1953

Mr. Gibson:

Sometimes my triends depart from that policy and they get in trouble for it. I commend it to them as a really good basic policy.

Topic:   ANNUAL FINANCIAL STATEMENT OF THE MINISTER OF FINANCE
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March 12, 1953

Mr. Gibson:

Yes, and a lot of ambition. Actually that is about all the capital you had to have at that time. But I would point out to him that, for one man to be employed in the logging business now, it takes a capital investment of $10,000. While our socialist friends and perhaps our friend the hon. member from Wetaskiwin may think it is an evil thing that it should take that much, I am still sure that they are extremely glad that the economy of Canada is such that we have been able to provide tools of that

The Budget-Mr. Abbott kind to create the efficient economy that we have which produces so much money and so much prosperity for the people of Canada.

I am sure the Social Credit leader is going to speak later in this budget debate. I hope that he will really assure us at that time that this capital levy that has been suggested is not a standard policy of the Social Credit party, because I think the people of British Columbia would be greatly interested to have that point made clear to them before the next provincial election. It seems to me that perhaps Alberta and British Columbia are hardy enough to stand a period of Social Credit provincial government, but I shudder to think what would happen to the financial standing and the prestige of this country if the Social Credit party ever took over our federal government and obtained control of our banking and currency. I am afraid that we would all agree that such an eventuality could have nothing but disastrous results.

Topic:   ANNUAL FINANCIAL STATEMENT OF THE MINISTER OF FINANCE
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March 12, 1953

Mr. Gibson:

I hardly think that there is enough in this budget to make all of the people in British Columbia happy.

Topic:   ANNUAL FINANCIAL STATEMENT OF THE MINISTER OF FINANCE
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