Mitchell William Sharp (Minister of Finance and Receiver General)
Hon. Mitchell Sharp (Minister of Finance):
Mr. Speaker, I can assure the hon. member that as far as the government are concerned, we have every intention to maintain the present parity position of the Canadian dollar. We believe this is appropriate in respect of the essential value of the Canadian dollar. We have plenty of resources, and I hope parliament will support this government in its endeavour to raise the necessary revenues which are part of the pattern to give confidence to foreigners and Canadians that the Canadian dollar is worth its present parity position.