CANADIAN FINANCES.
HUGE FUNDING SCHEME. £800,000,000 AT 3 PER CENT. United Press Assn.—Elec. Tel. Copyright OTTAWA, December 11. Similar to the Australian Premiers’ plan, a comprehensive proposal to refund the entire 4,000,000,000-dollar (approximately £800,000,000) public debt of Canada at a rate just exceeding 3 per cent., instead of 5 per cent., is being worked out by the Finance i Committee of the Dominion Provincial j Conference. - j The provinces would, under the ! proposal, waive their flnancial autoi nomy in return for Dominion bond guarantees.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/WT19351213.2.84
Bibliographic details
Waikato Times, Volume 118, Issue 19758, 13 December 1935, Page 9
Word Count
84CANADIAN FINANCES. Waikato Times, Volume 118, Issue 19758, 13 December 1935, Page 9
Using This Item
Stuff Ltd is the copyright owner for the Waikato Times. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.