CANADA’S POSITION

Hokitika Guardian, 19 March 1930, Page 2

CANADA’S POSITION

NO AMERICAN DOMINATION Discussing many matters of mutual interest with Canterbury timber men, Mr J. G. Robson, of the Canadian delegation, said that be bad found that many of the New Zealand people were under the impression that the United S-tates had dominated over Canada, particularly in industrial matters. “Although many large American concerns • established factories in Canada, and at first had a controlling interest in them, the position to-day has so changed that a large percentage of the capital invested in these factories is Canadian, while Abe workmen are almost entirely Canadian. Tt must be remembered that, all the American capital invested in these sources has to pay income tax to Canada before a profit can go to the 11.5. A. Canada, with her population of only ten millions, has one-third as much capital invested in the States as America, with her 122 millions, lias in Canada.

“We in Canada have endeavoured to build up our trade through British shipping channels, although we have found in the Pacific an attempt In American interests to dominate shipping activities. They have been helped in this by the American Government with loans and mail subsidies these last amounting to about one million pounds per year. For this reason American shipping concerns can give low prices.”

CAN AD A\S B UTTER FAT. GOES TO U.S.A.

“Canada exports the greater part of her dairy produce to the United States in the flush of the season,” said Air J. H. McDonald, of the Canadian timber delegation, in Christchurch recently. “With large cities, such as New York, Philadelphia and Buffalo, dose to the border, distant only n.v an overnight journey from Canada, a very large quantity of milk and creamgoes to these -cities, and provides one of the main sources of the metropolitan supply of these- products. We have there- ?.n immediate market for our dairy produce, and consequently we take advantage of it and import New Zealand butter which is faced with a high tariff in America, at a lower price to supply our own needs. The deal is profitabe to both Canada and New Zealand.”