CANADA AND STATES
TRADE RELATIONS BIG VOLUME OF BUSINESS (From "The Post's" Representative.) NEW YORK, Ist May. At the moment when Congress is hearing vigorous demands for restriction of immigration from Canada, and when the conference of both Houses has just completed its task of confirming the' high duties on Canadian products, the.Chamber of Commerce of the United States announces that Canada, for the second consecutive year, was the United States' best customer, having bought in 1929 the immense total of 948,000,000 dollars' worth of American exports. "Canada was our best customer," the annual report states, "with purchases of Am ;rican goods nearing the one bi.lion dollar mark and constituting 18.1 per cent, of our total exports. They were larger by 33,788,000 dollars than in 1928, despite a poor crop year. With an estimated population of only 9,797,000 our sales to the Dominion reached the huge average of 97 do.1, lars for every man, woman, and child." The United Kingdom was second on the list with purchases 100,521,000 dollars loss than Canada. "More than one-third of our total exports," the Chamber of Commerce adds, "are taken by these two countries of the British .Empire." The other side of the picture is that Canada is again revealed as the largest supplier of United States imports. This country brought from the Dominion in 1929 goods to the value of 504,277,000 dollars, which is 14,974,000 dollars more than Ame. rican purchases in 102 S. Notwithstanding the slump in business in the last quarter of |1929, the year's total American foreign trade surpassed that of the previous year by 422,000,000 dollars, the figures being respectively 9,641,000,000 dollars and 0,210,000,000 dollars.
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Bibliographic details
Evening Post, Volume CIX, Issue 125, 29 May 1930, Page 9
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276CANADA AND STATES Evening Post, Volume CIX, Issue 125, 29 May 1930, Page 9
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