1. What is the amount to date of the advances to the countries other than the United Kingdom under section 22 of the Export Credits Insurance Act?
2. What are the amounts advanced to each individual country?
3. Was there any agreement with the different countries as to the maintenance of the value of their currency?
4. W'ere the agreements as to repayment of the loans uniform with the different countries? If not, what were the variations?
1 and 2. Advances at
Belgium S 67,000,000 00
104,760,170 SONetherlands Indies
$455,800,695 823. No. The loans are repayable in Canadian dollars or fine gold at the option of the borrowing government-the value of the fine gold to be calculated at the official Canadian buying price.4. The basic principles applied under the agreements for the repayments of the loans are substantially the same for all countries. The average length of the term of the loans varies and the interest rate varies depending upon the length of the term of the loan.
Copies of all agreements under the Export Credits Insurance Act have been tabled in the House of Commons as appendices to the annual report required! under the act.