March 13, 1944 (19th Parliament, 5th Session)

LIB

Mr. MacKINNON (Edmonton West): (Minister of Trade and Commerce)

Liberal

1. The basis is the differential between the values of wheat in Canada and the United States. The prices are issued daily to exporters and mills and are in force from 1:15 p.m. to 9:30 a.m. the following day, except on Saturdays when they are in force from 12:00 noon until 9:30 a.m. the following market day.
2. The wheat held by the Canadian wheat board for the account of his majesty under order in council P.C. 7942 of October 'l2, 1943 must be made available to fill domestic requirements and to provide wheat under the war appropriations (United Nations Mutual Aid) Act.^ The price at which this wheat is made available is fixed from time to time by the governor in council. See paragraph 7 of order in council P.C. 7942 of October 12, 1943. The price from September 28, 1943 to date has been SI.25 per bushel, basis No. 1 northern, Fort William/Port Arthur.
{Mr. J. A. MacKinnon.]
3. For countries included under the United Nations Mutual Aid Act, the basis is the same as for the United Kingdom (No. 2 above). For all other countries, the basis is the same as for the United States (No. 1 above).

Topic:   QUESTIONS
Subtopic:   PRICE OF EXPORT WHEAT
Full View