March 8, 1962 (24th Parliament, 5th Session)

PC

Howard Charles Green (Secretary of State for External Affairs)

Progressive Conservative

Mr. Green:

Yes. Actually 78 states were in arrears for 1961.
Obviously the position is extremely serious. Canada has been very active in trying to get something done about this situation. We were a member of the small working group which devoted a great deal of time to this during the whole of last year. Also we were one of the co-sponsors of the resolution providing for the bond issue.
I think it should be pointed out again that if the decision of the international court of justice is to the effect that assessments for the repayment of this bond issue are to be considered in the same category as assessments for the regular budget, then there is far more likelihood that the payment will be made. Of course, we are hopeful that the decision of the court will be to that effect.

Topic:   HOUSE OF COMMONS ACT
Subtopic:   DEPARTMENT OF EXTERNAL AFFAIRS
Full View