May 14, 1903 (9th Parliament, 3rd Session)

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The MINISTER OF FINANCE.

My hon. friend from Jacques Cartier expressed the fear that under this Bill we might incur too large liabilities, but on the other hand my hon. friend from East Grey (Mr. Sproule) says that financial responsibilities involved in the construction of these docks are such that unless we give very liberal aid, such works will not be constructed at all. He says that, even with the aid we are now giving, we will not find companies prepared to undertake the risk and the responsibility.
Mr, INGRAM. I understood the hon. Minister of Railways and Canals to say that this is a very old policy. Was it in existence before 1899 ?

Topic:   QUESTIONS.
Subtopic:   CONSTRUCTION OF DRY DOCKS-GOVERNMENT AID.
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