Carl Olof Nickle
Progressive Conservative
Mr. Nickle:
-I find that section 15 of the Defence Production Act gives the minister the power to make loans or advances to or to guarantee the repayment of loans or advances made to a person for the purpose of providing assistance for the construction, acquisition, extension and so on of a great host of items including manufacture, production, finishing, assembling, processing, transportation and so forth.
I should like to get from the minister, whose present policy or present reported policy is known, some information as to whether or not a year or so ago he made use of the powers vested in him under this act to make a pledge to the backers of a pipe line, committing his government and, through his government, the taxpayers of Canada, to financial support of an uneconomic project. It appears that during the year that elapsed between the time that pledge or commitment was made by the minister-