CANADA’S DEVELOPMENT.

Putaruru Press, Volume VII, Issue 320, 24 December 1929, Page 2

CANADA’S DEVELOPMENT.

“We all remember the day when Canadians were regarded, and were indeed ready to regard themselves, as the producers of no more than food- 4 stuffs and raw materials to be exchanged for British manufacturers. The position is quite different to-day says the Canadian Gazette. “ It is true that Canadian yield of farm produce is still stupendous, and tends to increase, but the fact remains that Canada’s manufacturing production far exceeds her agricultural production, and will so remain. The British Trade Commissioner in Canada reports that no less than £950,000,000 is now invested in Canadian factories, Mk and the investment covers a very ” large field of industrial production. Canada has come to rank among the manufacturing nations of the world. Manufacturing has increased 700 per cent in output over that of 1901, and agriculture 400 per cent. Coincident with the development in f manufacturing has been the con- | struction of power plants to furnish energy for their operations. Hydroelectric installation in 1900 was than 200,000 horse-power, and today’s installation has a capacity of 5,500,000 horse-power. Furthermore, in 1901 the value of Canadian A mineral production was less than £10,000,000; in 1929 the total will be close to £60,000,000. Indeed, Canada now ranks first among the nations of the world in the production of nicktel and asbestos, third in gold, and the output of copper, lead and zinc and other minerals is rapidly increasing.”