January 10, 1958

FINANCE

ANNOUNCEMENT OF OVERSUBSCRIPTION OF $300 MILLION CANADIAN NATIONAL RAILWAYS BOND ISSUE

PC

Donald Methuen Fleming (Minister of Finance and Receiver General)

Progressive Conservative

Hon. Donald M. Fleming (Minister of Finance):

Mr. Speaker, yesterday at five p.m. the books were opened on an issue of $300 million of C.N.R. bonds guaranteed by the Canadian government. This is the largest bond issue in the history of the Canadian National Railways. I am happy to report that the issue was heavily oversubscribed and the books were closed immediately. Fractional allotments are now being made against the subscriptions.

This firm expression of public confidence in Canada's financial strength is deeply gratifying and I am sure it will also be pleasing to all members of this house.

Topic:   FINANCE
Subtopic:   ANNOUNCEMENT OF OVERSUBSCRIPTION OF $300 MILLION CANADIAN NATIONAL RAILWAYS BOND ISSUE
Permalink

REQUEST FOR PROVISION OF LOAN FUND FOR SMALL BUSINESSES


On the orders of the day:


LIB

Wilfrid Lacroix

Liberal

Mr. Wilfrid LaCroix (Quebec-Montmorency):

Mr. Speaker, may I direct a question to the Prime Minister. In view of the declaration made by the Prime Minister at Brock-ville on May 8, 1957, in favour of granting loans to small business, and also in view of the

deplorable situation in which small manufacturers and small retailers actually find themselves, my question is this. Is it true that the government has decided at last to grant loans to small business?

Topic:   REQUEST FOR PROVISION OF LOAN FUND FOR SMALL BUSINESSES
Permalink
PC

Donald Methuen Fleming (Minister of Finance and Receiver General)

Progressive Conservative

Hon. Donald M. Fleming (Minister of Finance):

Mr. Speaker, I dealt with this matter in reply to a question yesterday. I think my hon. friend was not in the house at the time. If he will look at Hansard he will see the answer.

Topic:   REQUEST FOR PROVISION OF LOAN FUND FOR SMALL BUSINESSES
Permalink
LIB

Wilfrid Lacroix

Liberal

Mr. LaCroix:

May I direct a question to the Minister of Finance. I understood from the answer given yesterday in connection with granting loans to small businesses that a decision had not yet been reached so far as government policy is concerned. May I ask the minister if we may expect a decision soon?

Topic:   REQUEST FOR PROVISION OF LOAN FUND FOR SMALL BUSINESSES
Permalink
PC

Donald Methuen Fleming (Minister of Finance and Receiver General)

Progressive Conservative

Mr. Fleming:

Mr. Speaker, I think my answer yesterday was full and complete. Whenever there is anything further to announce my hon. friend may be sure it will be announced in the house in the regular and proper manner.

Topic:   REQUEST FOR PROVISION OF LOAN FUND FOR SMALL BUSINESSES
Permalink

REPORTED DECREASE IN COST OF LIVING INDEX


On the orders of the day:


CCF

Frederick Samuel Zaplitny

Co-operative Commonwealth Federation (C.C.F.)

Mr. F. S. Zaplitny (Dauphin):

Mr. Speaker, I should like to direct a question to the Minister of Finance. Is the minister prepared to say whether the slight reduction in the cost of living index recently is the result of government policy?

Topic:   REPORTED DECREASE IN COST OF LIVING INDEX
Permalink
PC

Daniel Roland Michener (Speaker of the House of Commons)

Progressive Conservative

Mr. Speaker:

I do not think the hon. member seriously puts that question forward for information, but rather to draw attention to it.

Topic:   REPORTED DECREASE IN COST OF LIVING INDEX
Permalink

CRIMINAL CODE

AMENDMENT TO IMPLEMENT RECOMMENDATIONS OF JOINT PARLIAMENTARY COMMITTEE

CCF

Harold Edward Winch

Co-operative Commonwealth Federation (C.C.F.)

Mr. Harold E. Winch (Vancouver East) moved

for leave to introduce Bill No. 245, to amend the Criminal Code (corporal punishment).

Topic:   CRIMINAL CODE
Subtopic:   AMENDMENT TO IMPLEMENT RECOMMENDATIONS OF JOINT PARLIAMENTARY COMMITTEE
Permalink
?

Some hon. Members:

Explain.

Topic:   CRIMINAL CODE
Subtopic:   AMENDMENT TO IMPLEMENT RECOMMENDATIONS OF JOINT PARLIAMENTARY COMMITTEE
Permalink
CCF

Harold Edward Winch

Co-operative Commonwealth Federation (C.C.F.)

Mr. Winch:

Topic:   CRIMINAL CODE
Subtopic:   AMENDMENT TO IMPLEMENT RECOMMENDATIONS OF JOINT PARLIAMENTARY COMMITTEE
Permalink

EXTERNAL AFFAIRS


On the orders of the day:


January 10, 1958