January 25, 1937 (18th Parliament, 2nd Session)

LIB

Mr. HOWE: (Minister of Transport)

Liberal

1. SI.184.612,248.59 at December 31, 1936
2. $49,184,622.87 (1936).
3. Of the total cash expenditures by the dominion, amounting to $1,468,611,114.00 (not including interest on loans) as shown on page 7 of the Department of Railways and Canals report for the fiscal year ending March 31, 1936, the following are the amounts that may be considered as charged against the Canadian National Railways:
Loans to C.N.R. (includes loans to former privately-owned roads) on which interest is accrued but not Paid $645,527,455.83*
31111-14J
Investment in Canadian government railways
Stores and open accounts of Canadian government railways
The following amounts are in suspense: Temporary loans (interest
paid currently)
Expenditures under supplementary public works construction act, 1935 (unemployment relief)
Balance covering all deficits, subsidies, and all other items which have been absorbed in the net debt of the dominion
388,880,002.78
15,748,921.60
36,390,204.25
5,068,081.85
376,996,447.69
Total $1,468,611,114.00
* Interest on $645,527,455.83 accrued and unpaid, to March 31, 1936, is $536,585,117.10, as shown in Auditor General's report, Volume 1, page 161, fiscal year 1935-36.
4. (a) $645,527,455.85 C.N.R. loans (nonactive).
(b) Nil.

Topic:   QUESTIONS
Subtopic:   CANADIAN NATIONAL RAILWAYS-DEBT TO THE PUBLIC
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