October 25, 1979 (31st Parliament, 1st Session)

PC

Elmer MacIntosh MacKay (Minister of Regional Economic Expansion; Progressive Conservative Party Caucus Chair)

Progressive Conservative

Hon. Elmer M. MacKay (Minister of Regional Economic Expansion):

Mr. Speaker, 1 want to assure the hon. member that this minister does not wish to be unduly harsh on anyone, particularly if part of the cause is high interest rates. On the other hand, it would appear that there were some unfortunate conditions and policies which have placed CMHC in the position where to fail to enforce ordinary legal remedies would not be in the best interests of the taxpayers of this country.

Topic:   ORAL QUESTION PERIOD
Subtopic:   CANADA MORTGAGE AND HOUSING CORPORATION
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