COST OF LIVING
RISING TENDENCY CHECKED IN CANADA. OTTAWA, February 5. The January cost of living index computed by the Canadian Bureau of Statistics shows that during December not only was a rising tendency checked but as against the previous month the index dropped 1.7 points. The reduction is entirely accounted for by lower food prices, says the Dominion Bureau of Statistics. Donald Gordon, chairman of the War Time Prices .Board, commenting on the reduction, refers to the subsidy and tax remission programme as "a new and significant weapon in the fight against war time inflation.” Direct government action against the menace of rising prices has brought results. Early in December the Minister of Finance, the Hon. James L. Ilsley, announced a policy of subsidy payments and tax remissions under which milk would be reduced by 2 cents a quart, tea by 10 cents a pound, coffee by 4 cents, and oranges to about September, 1941, levels.
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Wairarapa Times-Age, 12 February 1943, Page 6
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157COST OF LIVING Wairarapa Times-Age, 12 February 1943, Page 6
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