Clarence Decatur Howe (Minister of Defence Production; Minister of Trade and Commerce)
Liberal
Mr. Howe:
It covers the program of car
building which is the usual capital expenditure of the Canadian National Railways.
Resolution reported, read the second time and concurred in.
Mr. Fournier (Hull) thereupon moved for leave to introduce Bill No. 45, to authorize the provision of moneys to meet certain commitments for new equipment incurred by the Canadian National Railways system during the calendar year 1951, and to authorize the guarantee by His Majesty of certain securities to be issued by the Canadian National Railways.
Motion agreed to and bill read the first time.
Topic: CANADIAN NATIONAL RAILWAYS
Subtopic: PROVISION FOR AUTHORIZATION TO MAKE CAPITAL EXPENDITURES, TO ISSUE SECURITIES, ETC.
Subtopic: PROVISION FOR AUTHORIZATION TO MAKE CAPITAL EXPENDITURES, TO ISSUE SECURITIES, ETC.