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.
Subtopic: ORDER IN COUNCIL ESTABLISHING INTEREST RATES