May 24, 1956 (22nd Parliament, 3rd Session)

LIB

Robert Henry Winters (Minister of Public Works)

Liberal

Hon. Robert H. Winters (Minister of Public Works):

The decision to suspend loans has been made pending the report of the joint committee, which is now studying the operations of the federal district commission. What will happen beyond that depends on the nature of the report and perhaps on other circumstances that might have to be considered at the time. In the meantime, at least one of the builders who had options and had taken steps to proceed has had his loan reconsidered, and there has been an extension given to him. I know of no other outstanding cases that need to be considered at this time.

Topic:   HOUSING
Subtopic:   CENTRAL MORTGAGE AND HOUSING CORPORATION
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