HC Deb 12 March 1946 vol 420 c950
65. Squadron-Leader Hollis

asked the Chancellor of the Exchequer what, in view of Article 2 of the Anglo-Canadian Agreement, are the guarantees that the credits made available by Canada will be spent on purchases in Canada.

Mr. Dalton

The Agreement does not provide that the proceeds of the Loan are to be spent only on purchases in Canada, but the greater part will be so spent.