February 5, 1937 (18th Parliament, 2nd Session)

LIB

Charles Avery Dunning (Minister of Finance and Receiver General)

Liberal

Mr. DUNNING:

From a practical standpoint I agree entirely with the view taken by the leader of the opposition. Of course, I cannot offer a legal opinion except that of the Department of Justice, but looking at the matter as a practical one it is quite possible for a default by an individual debtor to occur while the lending institution is still lending to new borrowers.

Topic:   HOME IMPROVEMENT LOANS
Subtopic:   PROVISION TO ENCOURAGE REPAIR OF RURAL AND URBAN DWELLINGS
Full View