CANADA’S TRADE

Poverty Bay Herald, Volume LV, Issue 17640, 2 December 1931, Page 4

CANADA’S TRADE

SIXTH IN WORLD’S EXPORTS MONTREAL, Oct. 16. Among all tho nations of the world Canada hold sixth place in export, trade last year, and in aggregate trade, surpassing such countries as the Netherlands, Belgium, Italy, and Argentina. It is too early to count the effect of the low commodity prices of 1931, and of the world-wide depression, but business leaders are confident, the standing of Canada will be altered little, if any. Every avenue through which the Dominion ’s export trade may be increased is being explored by the Government and private interests. There are distinct signs of improvement in business with Australia, following the new trade treaty, and it is believed that if a treaty can be concluded with South Africa similar results may be expected. A scheme has been under consideration for a fortnightly steamship service between Canada and South Africa, but it may not come into being unless a preferential pact is signed.

There are hold to be particularly bright prospects far Canadian trade in Latin America, and it is understood Canada and Brazil shortly will negotiate a treaty. Low grain prices have forced greater production of dairy and general agriculture products and exports of butter, eggs, cheese and cattle have shown a marked advance over last year. In Franco an excellent market is being created for Canadian apples and cattle. Much interest was aroused by the arrival here of the Canadian Constructor as a “Goodwill ’’ ship from Australia, and when it returned at the end of October it carried a cargo of representative Canadian products. The goodwill ship carried in both directions a complete lino of the goods the sale of which is facilitated by the provisions of the new trade pact.