My colleague, the Minister of Justice, points out that section 125 of the British North America Act reads:
No lands or property belonging to Canada or any province shall be liable to taxation.
Therefore it would be unconstitutional to make the corporation liable for this taxation. The best that can'be done is to give them the power to pay an amount equivalent to the taxation that would be levied on the corporation if it were not an agent of His Majesty.
Subtopic: CENTRAL MORTGAGE AND HOUSING CORPORATIONDISCOUNTING FACILITIES