Benson, The Hon. Edgar J.
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A reformed taxation system to be in operation within the next year. The desire for a fair system by Government and by Canadian taxpayers. A look at the proposed five-stage programme to tax reform presented by the speaker's predecessor. Steps taken by the speaker leading to the publication of a white paper, but an avoidance of two hearings before a Government bill is placed before Parliament. The plan to publish the white paper in June. What will take place before then. Two reasons which led to the adoption of a revised programme for consultation and legislative action. Constitutional reform. The distribution of powers and responsibilities between the federal and provincial governments. Economic implications and factors. Legislation dealing with financial institutions and its objectives. Commercial policy.