February 28, 1978 (30th Parliament, 3rd Session)

LIB

Joseph Jacques Jean Chrétien (Minister of Finance)

Liberal

Hon. Jean Chretien (Minister of Finance):

Mr. Speaker, after careful consideration, I made a statement yesterday. We decided to borrow $200 million yesterday. The stand-by credit is there. The governor of the Bank of Canada will be borrowing more when it is judged necessary.

Topic:   ROUTINE PROCEEDINGS
Subtopic:   VALUE OF CANADIAN DOLLAR-TOTAL GOVERNMENT BORROWING TO IMPROVE EXCHANGE RATE
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