June 27, 1951 (21st Parliament, 4th Session)

LIB

Robert Henry Winters (Minister of Resources and Development)

Liberal

Hon. Robert H. Winters (Minister of Resources and Development):

Mr. Speaker, I desire to table order in council P.C. 3344, establishing the interest rates under the recently amended National Housing Act. The new rate to the borrower for joint loans under sections 4 and 8 is five per cent. The rates under other sections are correspondingly increased by one-half of one per cent.

Topic:   NATIONAL HOUSING ACT
Subtopic:   ORDER IN COUNCIL ESTABLISHING INTEREST RATES
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