§ Mr. Pardoeasked the Minister of Agriculture, Fisheries and Food if he will estimate what effect the decision by the Agricultural Mortgage Corporation to increase its lending rate to 9¼ per cent. will have on the Government's agricultural expansion programme.
§ Mr. John MackieI do not anticipate any significant effect on the expansion programme, since loans by the Agricultural Mortgage Corporation are used mainly for the purchase of land already in agricultural use.