Donald Stovel MACDONALD

MACDONALD, The Hon. Donald Stovel, P.C., C.C., B.A., LL.B., LL.M., LL.D.(Hon.)

Personal Data

Party
Liberal
Constituency
Rosedale (Ontario)
Birth Date
March 1, 1932
Website
http://en.wikipedia.org/wiki/Donald_Stovel_Macdonald
PARLINFO
http://www.parl.gc.ca/parlinfo/Files/Parliamentarian.aspx?Item=3182f9f8-dbee-4324-93f2-30c9df730339&Language=E&Section=ALL
Profession
diplomat, lawyer

Parliamentary Career

June 18, 1962 - February 6, 1963
LIB
  Rosedale (Ontario)
April 8, 1963 - September 8, 1965
LIB
  Rosedale (Ontario)
  • Parliamentary Secretary to the Minister of Justice and Attorney General of Canada (May 14, 1963 - July 15, 1965)
  • Parliamentary Secretary to the Minister of Finance (July 16, 1965 - September 8, 1965)
November 8, 1965 - April 23, 1968
LIB
  Rosedale (Ontario)
  • Parliamentary Secretary to the Secretary of State for External Affairs (January 7, 1966 - January 6, 1968)
  • Parliamentary Secretary to the Minister of Industry (January 7, 1968 - April 20, 1968)
  • Minister Without Portfolio (April 20, 1968 - July 5, 1968)
June 25, 1968 - September 1, 1972
LIB
  Rosedale (Ontario)
  • Minister Without Portfolio (April 20, 1968 - July 5, 1968)
  • President of the Privy Council (July 6, 1968 - September 23, 1970)
  • Liberal Party House Leader (July 6, 1968 - September 23, 1970)
  • Leader of the Government in the House of Commons (July 6, 1968 - September 23, 1970)
  • Minister of National Defence (September 24, 1970 - January 27, 1972)
  • Minister of Energy, Mines and Resources (January 28, 1972 - September 25, 1975)
October 30, 1972 - May 9, 1974
LIB
  Rosedale (Ontario)
  • Minister of Energy, Mines and Resources (January 28, 1972 - September 25, 1975)
July 8, 1974 - March 26, 1979
LIB
  Rosedale (Ontario)
  • Minister of Energy, Mines and Resources (January 28, 1972 - September 25, 1975)
  • Minister of Finance (September 26, 1975 - September 15, 1977)

Most Recent Speeches (Page 1637 of 1638)


October 19, 1962

Mr. D. S. Macdonald (Rosedale):

I should like to address a question to the Minister of Justice. Will the minister consider withdrawing Bill No. C-49, to amend the Combines Investigation Act, and submitting a bill providing, inter alia, for the extension of the terms of the two retiring members of the restrictive trade practices commission for such further period as may be necessary to complete all inquiries upon which the commission has taken evidence, and presenting such bill for the consideration of this house with all possible speed?

Hon. Donald M. Fleming (Minister of

Justice): No, sir. The suggestion would be entirely impracticable.

(Translation):

Topic:   COMBINES
Subtopic:   REQUEST FOR LEGISLATION TO EXTEND TERMS OF RETIRING COMMISSION MEMBERS
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October 16, 1962

Mr. Macdonald (Rosedale):

Last night I brought to the attention of the committee and the minister a legal objection to some of the terminology used in the proposed amendment to section 21(a) 2 (e) and section 21(a) 6(b). The words in question to which I referred are "interest in any such instrument". The objection I brought forward at that time was that the instrument in question is a negotiable instrument and is transferable with all the interest in it or is not transferable at all. It is not severable. The minister subsequently advised me of the government's intention in this amendment, which was apparently to refer to a common banking practice whereby a contract can be entered into between the

Export Credits Insurance Act corporation and a commercial bank and, tor a consideration, give the commercial bank participation in the instrument.

I should like to suggest to the minister that the section might be further amended to extend the powers of the corporation so as to give the corporation the power to exchange any guaranteed instrument for two or more instruments of lesser principal amount, aggregating the amount of the original instrument, and to sell all or any part of such instruments. The minister is aware of a recent negotiation under this statute which provided for the refunding of obligations which had previously been created, and I should like to recommend to him the possibility of incorporating in the powers of the corporation this further power so that if it becomes commercially feasible the corporation may sell some of its obligations on the public money market or to private purchasers. My submission is that the wording at the present time does not give the corporation this power, and being a statutory corporation it is strictly limited to the powers conferred under the statute. Therefore I would propose that amendment to the minister.

Topic:   EXPORT CREDITS INSURANCE ACT
Subtopic:   AMENDMENTS INCREASING LIABILITY LIMIT, ETC.
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October 16, 1962

Mr. D. S. Macdonald (Rosedale):

I wish to address a question to the Prime Minister arising out of the statement he made to the house at the commencement of this afternoon's sitting. In view of the fact that the twentieth session of the contracting parties to the general agreement on tariffs and trade will begin next Tuesday, will Canada be represented at such meetings by a minister of the crown, and will the ministerial discussions referred to by the Prime Minister in his statement be held in conjunction with the GATT meetings?

Right Hon. J. G. Diefenbaker (Prime

Minister): I will answer simply in this way. Canada will be represented.

(Translation):

Topic:   EXTERNAL AFFAIRS
Subtopic:   INQUIRY AS TO CANADIAN
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October 16, 1962

Mr. Macdonald (Rosedale):

Mr. Chairman, may I address a supplementary question to the minister in view of his answer? Could I presume from the answer the minister gave that it will be the intention of the corporation to confine its participation to the investment practice followed, and there will be no proposal to sell these instruments on the public money market if a purchaser should come forward?

Topic:   EXPORT CREDITS INSURANCE ACT
Subtopic:   AMENDMENTS INCREASING LIABILITY LIMIT, ETC.
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October 16, 1962

Mr. Macdonald (Rosedale):

A supplementary question-

Topic:   EXPORT CREDITS INSURANCE ACT
Subtopic:   AMENDMENTS INCREASING LIABILITY LIMIT, ETC.
Full View Permalink