ENORMOUS INVESTMENTS
CAPITAL IN CANADA Helpful Attitude To United States Press Association—Copyright. Kingston, June 16. Canadian speakers at the PanAmerican conference stressed that a compelling reason why the United States should adopt a helpful policy toward Canada is America’s Investment. of • £800,000,000 in the Dominion. Paradoxically, they said, the Imperial Conference preference by the Ottawa pacts increased the Unilted States’ investment by causing the establishment of American plants In Canada. Concern wias expressed over the diversion to Canada of investments by Americans who were alarmed by the “New Deal” policies. It was explained that such a flow increased Canada’s vulnerability In order to meet interest and dividends, alto in the event of a large recall of capital to toe United States.
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https://paperspast.natlib.govt.nz/newspapers/TCP19370617.2.50
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Taranaki Central Press, Volume IV, Issue 459, 17 June 1937, Page 5
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121ENORMOUS INVESTMENTS Taranaki Central Press, Volume IV, Issue 459, 17 June 1937, Page 5
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