Hon. Robert Winters (Minister of Trade and Commerce):
Mr. Speaker, I wish to make a statement regarding the final payment on wheat for the crop year ending July 31, 1967.
Producers delivered a record total of 626,533,860 bushels of wheat to the Canadian Wheat Board in the 1966-67 crop year, including 23,599,710 bushels of Durum wheat. The pool account for wheat was closed on February 29.
The amount of the final payment to be distributed to producers is an unprecedented $314,958,251, including $14,943,967 to be distributed to producers who delivered Durum wheat. Thus the previous record payment of $272 million, which was made on the 1963-64 pool account, has been surpassed by $43 million.