June 24, 1935 (17th Parliament, 6th Session)

CON

George Halsey Perley (Minister Without Portfolio)

Conservative (1867-1942)

Sir GEORGE PERLEY:

I believe the
companies were not consulted beforehand regarding this bill. The bill was prepared by the government. But there have been private conversations in regard to the carrying out of the terms laid down for these loans, and we anticipate that it will be possible to finance the scheme under this plan.

Topic:   PROVISION FOR LOANS BY GOVERNMENT AND LENDING INSTITUTIONS UP TO EIGHTY PER CENT OF COST OF CONSTRUCTION
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