Thomas Speakman BARNETT

BARNETT, Thomas Speakman

Personal Data

Party
New Democratic Party
Constituency
Comox--Alberni (British Columbia)
Birth Date
September 3, 1909
Deceased Date
June 5, 2003
Website
http://en.wikipedia.org/wiki/Thomas_Speakman_Barnett
PARLINFO
http://www.parl.gc.ca/parlinfo/Files/Parliamentarian.aspx?Item=64ac8c88-87af-41f6-8ffe-90fa135ebb4e&Language=E&Section=ALL
Profession
editor, factory worker, sawmiller

Parliamentary Career

August 10, 1953 - April 12, 1957
CCF
  Comox--Alberni (British Columbia)
June 10, 1957 - February 1, 1958
CCF
  Comox--Alberni (British Columbia)
June 18, 1962 - February 6, 1963
CCF
  Comox--Alberni (British Columbia)
April 8, 1963 - September 8, 1965
CCF
  Comox--Alberni (British Columbia)
November 8, 1965 - April 23, 1968
CCF
  Comox--Alberni (British Columbia)
April 8, 1969 - September 1, 1972
NDP
  Comox--Alberni (British Columbia)
October 30, 1972 - May 9, 1974
NDP
  Comox--Alberni (British Columbia)

Most Recent Speeches (Page 4 of 651)


April 11, 1974

Mr. Barnett:

Mr. Chairman, I realize there was some reference to the proposed amendment to the Fisheries Improvement Loans Act in the general discussion under the Farm Loans Act, but I thought the point I should like to raise could be more appropriately dealt with whilst dealing with the specific proposal to amend the Fisheries Improvement Loans Act.

I have one or two questions which I should like to address to the Minister of Fisheries, but as he is not here I will put them to the Minister of Finance. The question of the applicability of the assured lending program under the act for use by fishermen in re-financing loans that they already have, has been raised before.

Generally speaking, as I understand the operation of this act, the lender, in effect, requires a chattel mortgage on a fishing vessel even though there is an assured loan. I have never been able to understand why a fisherman, who may have had an unfortunate financial transaction, should not be able to take advantage of the assured lending

April 11, 1974

program which this act provides, in order to refinance his boat under more favourable terms which he may be able to secure through a bank or credit union.

If the minister would turn his mind to some earlier discussions on this subject he would recall the concern expressed by the hon. member for Skeena and myself. Long before this act was passed, the fishermen of British Columbia in many cases were almost perpetually in debt to the fish processing and manufacturing companies because of the type of lending agreement which tied them to those companies.

Since we are now opening up this act I should like to ask the minister whether this matter has been under consideration, and if the regulations will be changed to give more flexibility to this program, so that fishermen who wish to get out of an unfavourable agreement through refinancing, can do so under this program.

Topic:   GOVERNMENT ORDERS
Subtopic:   FARM IMPROVEMENT, SMALL BUSINESSES AND FISHERIES IMPROVEMENT LOANS ACTS AMENDMENTS RESPECTING LOANS AND GOVERNMENT LIABILITY
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April 11, 1974

Mr. Barnett:

On a point of order, Mr. Chairman, I thought I heard you call it ten o'clock.

Topic:   GOVERNMENT ORDERS
Subtopic:   FARM IMPROVEMENT, SMALL BUSINESSES AND FISHERIES IMPROVEMENT LOANS ACTS AMENDMENTS RESPECTING LOANS AND GOVERNMENT LIABILITY
Full View Permalink

April 11, 1974

Mr. Barnett:

British Columbia fishermen have no alternative.

Topic:   GOVERNMENT ORDERS
Subtopic:   FARM IMPROVEMENT, SMALL BUSINESSES AND FISHERIES IMPROVEMENT LOANS ACTS AMENDMENTS RESPECTING LOANS AND GOVERNMENT LIABILITY
Full View Permalink

April 11, 1974

Mr. Barnett:

The hon. member for Carleton-Charlotte raised the question on which I thought the minister was confusing working capital and capital for construction of boats. I am not suggesting that we enter into a situation where it should include working capital. I agree with the minister on that point, but a few moments ago the minister said that this parallels the Small Businesses Loans Act and Farm Improvement Loans Act. If I recall correctly, the Farm Improvement Loans Act was the first of the three to be enacted. Perhaps the people in the department naturally may have felt it desirable and simpler to create a parallel piece of legislation as it applied to fishermen.

Loans Acts Amendments

I may be wrong, but I do not know of any situation in the farm industry which parallels the situation I have tried to outline in the fishing industry. I have heard farmers say they are owned by the bank, but I have not heard farmers suggest that they are owned, for example, by Canada Packers. As far as I know, Canada Packers is in business on the prairies. That firm, so far as I know, has never been in the habit of financing the capital requirements of beef growers. I may be wrong. In British Columbia there is an organization parochially known as B.C. Packers. I mention these two firms, not to single them out, but to point out that there has been in existence a different basic practice in the industry. To say arbitrarily that the Farm Improvement Loans Act-

Topic:   GOVERNMENT ORDERS
Subtopic:   FARM IMPROVEMENT, SMALL BUSINESSES AND FISHERIES IMPROVEMENT LOANS ACTS AMENDMENTS RESPECTING LOANS AND GOVERNMENT LIABILITY
Full View Permalink

April 11, 1974

Mr. Barnett:

Mr. Chairman, if that assumption is correct let me say that I have some further questions I wish to address to the minister on the subject of the Fisheries Improvement Loans Act, and I would be quite prepared to do so if the House were to continue sitting in committee.

Topic:   GOVERNMENT ORDERS
Subtopic:   FARM IMPROVEMENT, SMALL BUSINESSES AND FISHERIES IMPROVEMENT LOANS ACTS AMENDMENTS RESPECTING LOANS AND GOVERNMENT LIABILITY
Full View Permalink