December 18, 1957 (23rd Parliament, 1st Session)


Stanley Howard Knowles (Whip of the Co-operative Commonwealth Federation)

Co-operative Commonwealth Federation (C.C.F.)

Mr. Stanley Knowles (Winnipeg North Centre):

Mr. Speaker, I should like first of all to call the late Howard Green back to life so that I may address a few words to him, on the basis of which I hope he will take the kind of action that could result in an appropriate epitaph being written many years hence.
Mr. Speaker, because this bill does propose two amendments in the housing legislation, because the minister has at the same time indicated that one or two other improvements are to be made by a change in the regulations and by ministerial direction, we of course welcome the legislation and will give it our support. We were pleased also to hear the minister indicate in his remarks last evening that he is serious about the housing situation and that he would welcome suggestions from members of the house, indeed suggestions from any source. 1 hope that he will give very serious consideration to the many suggestions that have been made to him during the course of this debate.
Perhaps there are others, but I should like to catalogue some of them for him within a brief compass. First of all, there has been urged, particularly from this corner of the house, that there should be a reduction in the rate of interest on mortgage loans. I shall come back to that in a moment, but I list it as the first of the problems to which the government should address itself. Secondly, there has been made the suggestion from a number of quarters in the house that the amortization period should be extended perhaps to 30 years or even longer. The third suggestion is-

Topic:   IS, 1S57
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