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

LAB

Abraham Albert Heaps

Labour

Mr. HEAPS:

If the city of Ottawa wished to go into a housing scheme and wanted to take advantage of the twenty per cent provided by the government under this bill, would the municipality be compelled to go to a lending institution as defined in this bill for sixty per cent of the money?

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