Hon. Lionel Chevrier (Minister of Transport) moved
that the house go into committee at the next sitting to consider the following resolution:
That it is expedient to present a bill conferring authority upon the governor in council to authorize the Canadian National Railway Company to construct a line of railway from Terrace to Kitimat, in the province of British Columbia, a distance of approximately 46 miles at an estimated expenditure of $10 million and an average expenditure of $217,391.30 per mile. The bill will make provision for the issue by the company of securities, which may be guaranteed by the government in respect of the cost of construction. To enable the company to proceed with construction forthwith, temporary loans may be made to the company out of the consolidated revenue fund, upon terms and conditions prescribed by the governor in council and secured by company securities.
He said: His Excellency the Governor
General, having been made acquainted with the subject matter of this resolution, recommends it to the consideration of the house.
Subtopic: PROVISION FOR CONSTRUCTION OF LINE FROM TERRACE TO KITIMAT, B.C.