February 21, 1961 (24th Parliament, 4th Session)

LIB

Mr. Howard

Liberal

1. What is the amount of money held in trust for Indian bands under (a) capital account, and (b) revenue account?
2. Is any of this money invested in securities, and, if so, how much, and in what securities?
3. Have any changes been made in such securities since January 1, 1955, and, if so, (a) what specific
Questions
changes? (b) have any losses been incurred, and, if so, what losses, and on what dates?
Answer by: Hon. Ellen L. Fairclough (Minister of Citizenship and Immigration):
1. (a) $23,802,924.84, (b) $3,550,910.02, (as of January 31, 1961).
2. No.
3. Not applicable.
90205-6-146

Topic:   ANSWERS TO QUESTIONS
Subtopic:   INDIAN BAND TRUST ACCOUNTS
Full View