PROSPEROUS CANADA
INVESTMENT MONEY PLENTIFUL. LOW RATES OF INTEREST. (Received 5, 8.35 a.m.) Ottawa, December 4. The British Columbia Government has just sold a 1,060,000 dollar bond issue that will yield the investor 4.42 per cent. This is the lowest interest rate paid bv anv Canadian province since thq war. The Canadian bond market is unusually strong, with the times good throughout Canada, and money is plentiful. The income which Canadians reap from investments at home and abroad was recently estimated at £15,000,000 a mouth. A good portion of this seeks re-investment. The Dominion Government recently financed war debt payments falling due by the issue of 4 per cent. Treasury notes which were sold to the Canadian banks at par.—(Sydney “Sun” cable.)
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https://paperspast.natlib.govt.nz/newspapers/HBTRIB19271205.2.29
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Hawke's Bay Tribune, Volume XVII, 5 December 1927, Page 5
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122PROSPEROUS CANADA Hawke's Bay Tribune, Volume XVII, 5 December 1927, Page 5
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