THE WESTERN CANADIAN LUMBER WORKER

11

Senate Plays "Favorite’

With Bank

Both this year and last will
be considered the year of
Banks — chartered, that is,
not Hal. 1964 was to have
been the year in which the
decennial revision of the Bank
Act took place, but it was
pushed into 1965 by the Flag.

1964 was the year in which
three applications were made
for the chartering of new
banks. One of these was the
Bank of British Columbia, an-
other the Bank of Western
Canada, and the Laurentide
Bank.

The procedure by which
banks are incorporated is by
Private Bill of Parliament.
Accordingly the three peti-
tions for the particular Pri-
vate Bills were presented to
the Senate.

The Senate chose to play
favorites. It decided that the
Bank of British Columbia
shouldn’t be passed because
of the interest in that Bank
by our Provincial Legislature.
So, the Bank of Western Can-
ada and Laurentide Bank got
the O.K.

These two “favorite” Bills
then came over the House
of Commons for approval. We,
in the New Democratic Party,
declared that the Senate, hav-
ing some of its Members with
financial interests in the bank-
ing field, had no right to in-
terfere with the legitimate de-
sires of British Columbians.
Accordingly, we declared that
neither of the two Bills pass-
ed by the Senate should be
given approval until the Bank
of B.C. was dealt with.

When Parliament re-con-
vened in February of this
year the Minister of Finance

Sestetetetetes:

‘nota a ae”
ae

ss sR

oe Are

Newfoundland
Nova Scotia
Quebec
Ontario
Manitoba
Alberta
Saskatchewan
British Columbia

asap cise

OTTAWA

Bereoncaio NW oo
Prince Edward Island ......
New Brunswick __...........

* Medical plans of various kinds contributed
* doctors’ earnings, while the balance came from individu- %
= als, governments and compensation boards.

Bills

stated that the Bank Act
would be revised to prohibit
Provincial Governments from
investing in shares of any

bank. All he did was re-state
what the Senate Banking and
Commerce Committee used as

an excuse for defeating. the
Bank of B.C.

The next step was for the
Senate to revive the Bank of
B.C. and we have been wait-
ing patiently for that resusci-
tation to take place. At the
moment of writing this
(March 26) we are still wait-
ing.

We feel that the three Bills
which were originally pre-
sented should be dealt with
en bloc. To pass one of them
and delay the other would
give an undue advantage to
one bank over the other.
Therefore, regardless of the
merits attendant upon say,
Laurentide Bank, we think
that to permit it to come into
being before the Bank of B.C.
would be playing the same
game as the Senate. We feel
that we cannot by juggling
the legislative processes give
one bank an advantage over
the other.

If the Senate would take its
business seriously and pass
the Bank of B.C. so that we
in the Commons can deal with
the three Bills at once then
there would be no problem.
If that isn’t done then we can
only wait until the new Ses-
sion of Parliament starts to
see if the applications are re-
entered. If they are I hope
they get better and more just
treatment in the Senate than
was the case last year.

Seleteletetetete

Doctors Annual Income |

_ OTTAWA (CPA) — In response to a question on the #
order paper by Stanley Knowles, NDP-MP for Winnipeg %
North Centre, the minister of national health and welfare Bs
Judy LaMarsh reported that in 1962, the average gross Be
income of doctors in Canada was $26,758 with the pro- =
vincial breakdown as follows: =

44.71% to &

oe
we

?

Ae

COMMITTEE MEMBERS of Local 1-85 IWA, Port Alberni, representing

the logging (top) and sawmill sections

(bottom) of the industry, pose for

their picture during the Social held by the Local Union March 13, in the
. Barclay Hotel, Port Alberni.

CLC Briet Urges Action Now

To Improve Canadian Economy

In its annual memorandum
to the Federal Government,
submitted this year on March
10, the Canadian Labour Con-
gress said that Canada’s eco-
nomic performance has con-
tinued to improve, “but we do
not feel confident that the
necessary steps have been
taken to sustain this improve-
ment.”

Two most important recom-
mendations included in the
brief were: (a) The establish-
ment of a National Manpower
Service to co-ordinate man-
power programs under a
single agency within the De-
partment of Labour, and (b)
the undertaking by the Eco-
nomic Council of Canada of a
continuous study of the long-
run effects of technological
change in our economy.

“We support the Report of
the Royal Commission on
Health Services (the Hall
Commission) and we are
pleased to observe that it en-
joys the support of other
major Canadian institutions.
We cannot urge you too

strongly to do all that is in the
power of your Government to
make the Health Charter a
reality.”

The brief urges the Gov-
ernment to pay pensions of
$100 a month at age 65, with-
out a means test. — The CLC
also asked for the enactment
of the Youth Allowance legis-
lation which would assist
those parents whose children
remain in school beyond their
16th birthday.

Here are a few of the many
other recommendations the

CLC made in its annual mem- |

orandum:

© Larger tax reductions for
lower income groups.

© Repeal of sales tax on
building’ materials and ma-
chinery.

© New housing program to
meet needs of those with low
incomes.

® Participation of Canada
in the Organization of Ameri-
can States. :

© Normalization of Can-
ada’s relations with the Peo-
ple’s Republic of China.

e Amendment to the In-
come Tax Act to provide that
an employee may claim as de-
ductible expenditures the fol-
lowing:

Expenses necessarily incur-
red for board and lodging
when far away from home;

Expenses incurred for trans-
portation when employment
is far away; Expenses for de-
preciation and replacement of
tools and special equipment
or clothing required in per-
formance of the duties of em-
ployment.

es David Lewis, national vice- =
it president of the New Demo-
cratic Party: =

“Leadership today is %
standing on a_ sidewalk 3
watching carefully which
way the crowd is going

% and then stepping in front =:
oof ite’ =

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>