WALTER LOCKHART GORDON - CANADA

Created: 1/1/1964

OCR scan of the original document, errors are possible

Minister of Finane*

Gordon, an old and close friend ofPearson, as well as bis economicseveralas appointed Minister oftbe new Libera! Canine* formed In AprilIn the mid-thlrtiee^ Gordon, ameaegemeoft consultant Inumber of ouBiness 'and scvernmen*an excellent reputation as am expert onbusiness 'efficiency, corporategeneral organizational problems. wasknown aa thef the Hoyal CommissionEconomicwnlcfa .isened. the famous "Gordon2 fee headed the Liberal National Campaign Committee^reoognicedone.of Bbe

that culminated .in .its electoral victoryS. He was. firstParliament inaMmfiiS

Oa

3 .he-prosentea his-"Case.Beets" toooget-'fco Parlisioanl'; lt6 meio aims were expansionproduction and employment and the increase in Canadian ownership of -domestic industries, goals with which many Canadians who are concerned wacb .Hhe'a future are inowever the

measures proposed by. Gordon to realize ese goals caused such an oproar in Parliament 'and inanadian financial community that lhe Government vaa later forced, to withdraw the dis criminatoryer cent "take over" tax .Imposed to advance Canadian ownership' of in-duatry and to modify its extension of the federaler cent,taa.to

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to the Government when.hfi'alBd to admit in.'Parliament that three private Toronto business men had assisted him in the budget's preparation

he is still

oembcr of Pearson's so-called "inner cabinet" and an important source of

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