AMERICAN INFLUENCE ON CANADA
As many a&. 400,000 Canadians have left their country for the United States since 1921, and though one must set against this the reverse flow, due to the relative cheapness of land in the Prairie Provinces as compared with Minnesota, lowa, and Dakota, it remains true that Canada is increasingly down on balance. Comparable to this drain upon Canada's man-power is the drain upon her natural resources. The export of electric energy to the States has risen from 538,331,425 kilowatt- hours in 1911 to 1,400,321,340 in 1924. But the most ob-
vious way of all in which American pressure is brought to bear is by way of invested capital. There are now in, Canada three thousand million American dollars. In the train of these dollars come, of course, American factories, directors, lawers, insurance agents, bond houses, workmen, technial experts, foremen, and all the rest. Many Canadians are asking themselves what this unprecedented invasion bodes for their country. It is, perhaps, the topic which one hears most continually discussed.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/PBH19270118.2.16
Bibliographic details
Poverty Bay Herald, Volume LIII, Issue 16243, 18 January 1927, Page 4
Word Count
172AMERICAN INFLUENCE ON CANADA Poverty Bay Herald, Volume LIII, Issue 16243, 18 January 1927, Page 4
Using This Item
The Gisborne Herald Company is the copyright owner for the Poverty Bay Herald. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of the Gisborne Herald Company. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.