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COST OF WORKLESS

CANADA'S BIG VOTE

TWENTY MILLIONS FOR WORKS

(From "The Post's" Representative.) VANCOTJVEB, 15th Octobe.r A sum. of £20,000,000 is to be spent in Canada, on works of a useful character, designed to absorb unemployment; The basic appropriation is £4,000,000 voted by the Federal Government, A similar sum is to be contributed by the provinces. In addition, there will be contributions by local authorities, and finally over £4,000,000 by the railways. '■ These public subventions are expected to encourage expanded budgetting by industry, that will be productive of indirect benefit. Programmes of branch line construction are to be expedited, mad© possible by a Government guarantee of interest on the outlay. Especially is this the case in Western Canada, where railway expansion into such areas as the Peace Biver is looked upon as necessary in providing an early outlet to the sea of agricultural and mineral wealth scarcely tapped hitherto. Heavy orders have been placed for steel rails. The Canadian Pacific Bailway has given Clyde shipbuilders orders totalling £4,500,000 from this year's disbursements^ The Canadian National Railways has ordered 100,000, tons of coal. The Trans-Canada Highway completion in the Western Ontario-Manitoba section is another ambitious programme into which two provinces and the Government of Canada have embarked for immediate construction. The gap round the head of the Great Lakes is.now* being surveyed by Ontario. In other sectors, on the Prairie, funds arc being voted for improving existing > links in the highway. To some purely provincial roads a Federal subsidy of 40 per cent, of improvement cost is to be made available. The principle that unemployment^ is a municipal and provincial obligation is being generally conceded, with the reservation that, where the funds of such authorities become strained in a period of depression, such as the present, the obligation becomes national and extends to the Federal authority. A vast amount of money is being put into circulation by these tripartite subventions, which is expected to be reflected in a general loosening of industrial purse-strings toward the common cause of providing work for the work[less.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/EP19301110.2.43

Bibliographic details

Evening Post, Issue 113, 10 November 1930, Page 8

Word Count
343

COST OF WORKLESS Evening Post, Issue 113, 10 November 1930, Page 8

COST OF WORKLESS Evening Post, Issue 113, 10 November 1930, Page 8