September 11, 1950 (21st Parliament, 3rd Session)

LIB

Douglas Charles Abbott (Minister of Finance and Receiver General)

Liberal

Mr. Abbott:

As my hon. friend is aware, the Farm Improvement Loans Act is not under consideration at the moment. In my budget remarks the other night I referred to the fact that, as a part of the moderate curtailment of credit which the government feels is desirable in order to prevent further inflationary price rises, the question of loans under the Farm Improvement Loans Act was being reviewed, and that the conditions would be made somewhat tighter. But no final decision has yet been taken as to the exact basis on which that will be done. I shall be very glad to take into consideration the point that the hon. member for Acadia has raised.

Topic:   S82 HOUSE OF COMMONS
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