Ontario Community Newspapers

Ontario Scrapbook Hansard, 26 Mar 1946, p. 3

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4 *A March 26 yl\.. » h« & (Dominion--Provincial) -- Conference. I have some appreciation of the financial obligations this Province must face in the difficult days ahead. No one could possibly fore-- ~ _tell ov estimate what the corpora-- tion tax, income tax, and succession duty would bring to the Treasury in the years ahead, or how vitally necessary they will be to maintain even -- minimum -- services to our people. | "True, the proposal only calls for| i a three--year trial period, but as the Province becomes tied to the tremendous handout from Ottawa of over $64 million annually, an estimate of the payments under the revised offer and which we understand will be still further in-- k creased, and your records and files on income, corporation tax and succession duty becomes obsolete and useless, I doubt if any Gov-- ernment would dare to break away from the Dominion subsidy." It was obvious, Mr. Nixon said, that the other Provinces were go-- ing in "and we cannot or should not stand alone." * Dominion tax rates, he said, would apply evenly in all Provinces and if they were high enough to provide for a fiscal subsidy of over $64 million for Ontario and On-- tario refused to accept it and said % it would double--tax its people "the protests would reach high heaven and sweep any Government from & office." Free Enterprise "On Trial" The so--called free enterprise sys-- tem was on trial for the last time, W. M. Docker (CCF., Kenora), said, in continuing the debate. Labor was seeking shorter hours of work; farmers were seeking better prices; management was seeking greater production. It was up to Govern-- ;ment. he said, to bring the bicker-- ing parties together, to lead the 'way to a better postwar world. | __With all the talk of tax reduc-- 'tions by varying groups, Mr. Docker 'said, Governments should not be too hasty about cutting them. There | was a peace to be won just as there | had been a war won, and the' money from taxation was required _ to provide services which removed the fear of insecurity from the average person's mind, and to pro-- $ vide services which would contrib-- ute to more jobs being available. +

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