At the present time I
understand, we have outstanding more than 8931,000,000 of non-taxable bonds. I take it the hon. member for Laprairie and Napierville estimated on that a tax of only 2 per cent, but I think he would have been quite safe had he allowed more than that. .
Subtopic: CONTINUATION OF DEBATE ON THE ANNUAL FINANCIAL STATEMENT OF THE ACTING MINISTER OF FINANCE