BRIGHT FUTURE
VANCOUVER, Dec. 4. “Canada is approaching 10 years of the greatest prosperity in its history,” declared Major-Gen. A. D. Mcßae, M.P., on his return, from a. visit of several months 1,0 the southern and eastern United .States. “1 have never been so optimistic of general conditions in the Dominion, and 1 do not think the future has ever appeared brighter in British Columbia and Vancouver. ’ ’ General Mcßae asserted that the peak' of the boom in the United States appears to have been reached and American investors are looking for proJitable investments in Canada. The timber market is quiet in the United States at present, lie said, and will likely continue so with a curtailed building programame next year. For this reason, it is not likely that there will bo any unusual American interest in British Columbia timber, although the domestic market for lumber here should be better with an increased building programme that, is sure to follow in 1928, declared the general. In mining, the general expects to, see Canadian minerals dominate the American market next year. Every' .American business man one meets is talking Canadian investments, and Canada’s mining possibilities arc being much canvassed, lie stated. ' in this respect, British Columbia, one of •the premier mining provinces of flic Dominion, should attract great attention, General Mcßae inters. “lii the next 10 years it, will be possible to bring back at least one million Canadians from the United States,” declared General Mcßae. “Business is slowing down there and Canada is beginning to Iqok better than ever to those who have left tko country, and large numbers of them will soon begin to return.”
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/PBH19280109.2.18
Bibliographic details
Poverty Bay Herald, Volume LIV, Issue 16542, 9 January 1928, Page 3
Word Count
275BRIGHT FUTURE Poverty Bay Herald, Volume LIV, Issue 16542, 9 January 1928, Page 3
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.