March 20, 1956


9- 5 n-9 0-9 0-7 23-9 30-0 25-1 31-1 67-0 4-3 4-5 0- 1 0-31- 2 M0-3 0-30-3 0-1 .... 0-3 0-4 971-8 0-4 5-8 15-0 0-1 11-2 0-5 10-5 9-4 982-9 0-4 6-7 17-8 0-4 31-8 28-3 69-8 33-9 4 0 4-8 5-00- 3 0-3 0-31- 0 1-3 1-30-3 0-3 0-3Mines and Technical Surveys Dominion Coal Board Emergency gold mining assistance.... National Defence- General Defence forces, Army, Navy and Air services Mutual aid to NATO countries Defence research and development.... Pensions- 10-8 11-8 0-3 1,217-6 35-4 12-0 11-2 0-3 1,557-7 43-0 13-0 15-2 0-3 1,424-3 40-8 16-4 15-5 0-3 1,313-8 50-0 17-8 10-5 0-5 1,453-5 65-9 Payments under defence services pension act Government contribution to permanent services pension account National Film Board National Health and Welfare General health grants Family allowances Old age pensions including pensions to blind persons Old age assistance, blind and disabled persons allowances Deficit-Old age security fund National Research Council National Revenue including taxation division Northern Affairs and National Resources Post Office Privy Council including Prime Minister's Office Public Archives and National Library... Public Printing and Stationery Public Works Trans-Canada highway contributions.. 30-7 1,415-5 2- 7 21 -1 24-3 80-2 3- 0 49-7 12-8 17-4 4- 1 0- 3 1- 1 79-1 12-8 91-9 30-0 1,882-4 23-0 334-2 406-6 47-3 105-6 0- 3 1- 6 83-9 14-0 97-9 35-2 1,805-9 28-0 350-1 480-5 49-9 113-6 0-4 101-5 5-2 1,666-0 28-6 366-5 45-8 15-7 20-2 3-8 2-1 18-1 5-3 1,740-3 30-9 382-4 63-3 16-3 25-8 4-0 2-3 15-0 The Budget-Appendix STATEMENT OF EXPENDITURES BY DEPARTMENTS AND MAJOR CATEGORIES FOR THE LAST FIVE FISCAL YEARS-Concluded (in millions of dollars) - 1951-52 1952-53 1953-54 1954-55 Estimated 1955-56$ S $ S $Royal Canadian Mounted Police 27-3 31-1 33-9 35-5 37-0Secretary of State 2-4 2-2 3-3 2-7 3-0Trade and Commerce 21-8 16-5 1G-5 17-5 18-119-221-8 16-5 16-5 17-5 87-STransport- Administration and general 3-2 3-2 4-2 70 8-2Canal services 8-0 9-9 8-4 7-8 8-4Marine services 17-5 21-7 20-3 21-3 21-0Railway and steamship services 2-3 10-5 20-4 26-7 16*5Maritime freight rates act. 10-0 10-1 10-5 10-5 11-2Air services 36-3 39-2 41-4 44-7 58-2Canadian Maritime Commission 4-4 4-0 4-2 4-2 4-3Deficits- 15-0 28-8 Canadian National (West Indies) 0-5 0-6 0-6 0-1Prince Edward Island car ferry and terminals 1-4 1-5 1-6 1-5 1-6North Sydney-Port-aux-Basques 1-8 2-2 2-2 3-101 01 Non-Active assets- National Harbours Board 1-2 1-9 4-2 3-9 3*199-9 108-9 118-0 159-2 185-7Veterans Affairs- Administration and general 2-5 3-6 2-3 2-3 2-2Pensions 103-7 127-1 127-6 128-8 130-6Treatment and after-care of returned soldiers and allowances to depend- ents 76-1 78-5 79-5 82-2 93-1Hospital accommodation, additions, alterations and improvements 3-8 4-0 4-1 3-9 3-3Post-discharge rehabilitation benefits.. 6-6 3-8 2-5 2-6 1-8War service gratuities and re-estab- lishment credits 9-8 10-7 8-9 6-0 3-7Soldier settlement and veterans land acts 5-9 5-7 5-3 5-4 5-5Provision for reserve for conditional benefits under veterans land act 7-6 8-0 8-5 8-9 8-9216-0 Ul- 4 238-7 240-1 249-1Total Expenditure 3,732-9 4,337-3 4,350-5 4,275-4 4,437-1 The Budget-Appendix


ANNUAL CHANGES IN LOANS AND INVESTMENTS FOR THE LAST FIVE FISCAL YEARS


(in millions of dollars) - 1951-52 1952-53 1953-54 1954-55 Estimated 1955-56Loans to, and Investments in, Crown Corporations $ $ 8-8 2-0 $ 7-2 4-7 $ 16-0 3-0 $ 12-0 8-5 Cr. 4-0 4-9 177-8 Cr. 0-1Canadian Broadcasting Corporation Canadian Commercial Corporation 0- 9 6-5 1- 3 140-0 Cr. 0-2 Cr. 0-3 73-6 1-6 141-8 3-7 Cr. 18-1 4-4 Cr. 93-4 3-6 Canadian National (West Indies) Steam- Canadian Patents and Development Limited Central Mortgage and Housing Corpora- 72-6 98-8 Cr. 1-2 Cr. 0-6 Cr. 3-0 43-7 Cr. 9-1 Commodity Prices Stabilization Corpor- 0-2 Cr. 3-0 Cr. 0-1 Cr. 1-0 1-0 Cr. 4-0 1-3 0-3 0-3 Polymer Corporation Limited 20-2 3-9 2-6 6-8 Cr. 2-8 Loans to National Governments United Kingdom- The War Appropriation (U.K. Financ- 221-6 232-5 88-7 Cr. 24-1 214-4Cr. 31-1 Cr. 14-0 Cr. 20-7 5-5 Cr. 24-3 Cr. 14-3 Cr. 20-6 Cr. 1-6 Cr. 53-6 Cr. 14-6 Cr. 19-4 Cr. 4-9 Cr. 30-0 Cr. 14-8 Cr. 23-6 Cr. 2-9 Cr. 30-0 Cr. 15-2 Cr. 22-3 Cr. 3-4The United Kingdom Financial Agree- Other Loans and Investments Subscriptions to capital of, and working capital advances to, international organizations- Canada's subscription to capital of- Cr. 60-3 Cr. 60-8 Cr. 92-5 Cr. 71-3 Cr. 70-9 Cr. 29-1 5-6 International bank for reconstruction and development 0-2 Working capital advances to inter- 1-7 Cr. 3-4 Cr. 8-0 0-6 3-9 Cr. 0-1 Cr. 3-6 4-2 0-3 3-7Cr. 3-9 Cr. 0-9 1- 5 2- 7 Cr. 3-5 0-9 Cr. , 1-3 Cr. 0-5 Cr. 3-4 8-5 Cr. 0-7 Cr. 0-1 Miscellaneous- Balances receivable under agreements Soldier settlement and veterans land Other Sinking fund and other investments held for retirement of unmatured debt Net total of changes in loans and invest- Cr. 0-4 Cr. 4-4 4-3 Cr. 34-3 10-13-2 1-7 74-2 89-0 25-0164-1 169-0 74-7 Cr. 40-7 178-6 The Budget-Appendix


UNMATURED DEBT AND TREASURY BILLS AS AT MARCH 31, 1956 AND THE ANNUAL INTEREST PAYABLE THEREON


Date of maturity Rate per cent Where payable Amount of loan Annual interest charge2} 21 2| $ 500,000,000 $ 11,250,000400,000,000 9,000,000*56,500,000 1,553,75021 2 550,000,000 12,375,000700,000,000 14,000,0002f 3 *30,100,000 827,750Canada 300,000,000 9,000,0002 Canada 700,000,000 14,000,0002f *27,700,000 761,7503 1,197,324,750 35,919,74221 3 *40,900,000 1,124,7501,165,300,350 34,959,01121 3 *37,500,000 1,031,2501,315,639,200 39,469,17631 3 Canada *137,500,000 4,812,5001963, July 1 (>) 49,833,091 1,494,9933i 3! 3 (>) 1,978,362 64,297*152,300,000 5,711,250New York (2) 150,000,000 4,500,0003 1,295,819,350 38,874,58131 *632,800,000 23,730,0003i 54,703,000 1,777,8483 1,691,796,700 50,753,90131 Canada *607,500,000 19,743,75031 21 *644,100,000 20,933,2501968, June 15 350,000,000 9,625,00021 (*) 100,000,000 2,750,00021 31 31 31 3 (2) 50,000,000 300,000,000 1,375,000Canada 9,750,000Canada 100,000,000 3,750,000400,000,000 13,000,000Canada 55,000,000 1,650,000Various, three months treasury bills.. Various, nine months treasury bills... (a)2-604 2 Canada Canada 1,340,000,000 260,000,000 34,893,600 5,200,00015,394,294,803 439,662,14915,042,483,350 429,477,85951,811,453 1,559,290300,000,000 8,625,000 15,394,294,803 439,662,149 * Estimated. (1) Conversion rate $2.80 to the pound sterling. (2) Conversion rate $1.00 Can. to the U.S. dollar. (a) Rate of discount on bills sold March 9, 1956.



Wednesday, March 21, 1956


March 20, 1956