(Questions answered orally are indicated by an asterisk.)
THE SATURDAY EVENING POST
QUESTIONS PASSED AS ORDERS FOR RETURNS
GASPE AND MAGDALEN ISLANDS PUBLIC WORKS
GOVERNMENT PURCHASES OF VESSELS
CANADIAN NATIONAL RAILWAYS
PROVISION TO MEET CERTAIN EXPENDITURES AND GUARANTEE OF SECURITIES AND INDEBTEDNESS
Hon. J. L. ILSLEY (Minister of Finance) moved that the house go into committee at the next sitting to consider the following resolution:
That it is expedient to bring in a measure to authorize the Canadian National Railway Company to issue securities not exceeding $15,104,000 in principal amount to provide the moneys necessary to meet capital expenditures made or to be made during the calendar year 1940, and to make provision for the retirement of capital indebtedness during the said calendar year and to issue substituted securities for refunding purposes; to authorize the governor in council to guarantee the principal, interest and sinking funds of such securities; and to authorize the making of temporary loans to the said company secured by such securities and not exceeding $15,104,000 in principal amount to enable the said company to meet such expenditures and indebtedness.
He said: His Excellency the Governor General, having been made acquainted with the subject matter of this resolution, recommends it to the consideration of the house.
Motion agreed to.
SUPPLY OF CRUDE OIL TO REGINA CONSUMERS' COOPERATIVE REFINERY-PRORATION OF TURNER VALLEY PRODUCTION
On the orders of the day.