TRADE WITH CANADA
By Telegraph—Press Association.
AGREEMENT EENEWED
Wellington, Last Night. The trade agreement between New Zealand and Canada due to expire at the end of this month had been extended for a further year until September 30, 1941, said the Hon. W. Nash to-night. The agreement was entered into in May, 1932, the original term being a year. It had been modified and extended from time to time. The trade balance in favour of Canada in each of the past five years (in New Zealand currency) has been: 1936, £2,228,841; 1937, £2,889,253; 1933, £3,731,361; 1939, £3,414,276; seven months of 1940, £591,333. "The reduction in imports from Canada this year is due principally to reduced imports of motor vehicles, tires, apparel and hosiery," said Mr. Nash. "When trading conditions become more normal it will probably be necessary to review the agreement."
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Taranaki Daily News, 30 September 1940, Page 8
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141TRADE WITH CANADA Taranaki Daily News, 30 September 1940, Page 8
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