January 21, 1957 (22nd Parliament, 5th Session)

PC

Edmund Davie Fulton

Progressive Conservative

Mr. E. D. Fulion (Kamloops):

May I ask
the Minister of Finance a supplementary question, Mr. Speaker, arising out of his last answer. With respect to monetary policy does the government pass orders in council of which the Minister of Finance does not know the effect? I find it difficult to believe that it does so. Would the minister care to reconsider his last answer and now tell us what the effect is?

Topic:   FINANCE
Subtopic:   BANK OF CANADA
Full View