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TRADE WITH CANADA.

New Zealand's trade with Canada has developed so much in recent years as to warrant the Government's appointment of a trade representative in the senior Dominion. In the first nine months of the current year 4.60 per cent., representing £2,102,121 in value, of our total exports went to Canada. New Zealand received in return imports valued at £3507,836, or 9.65 of the total imports. Both figures show a large increase on those for the

first three quarters of 1928, when exports were valued at £1,436,514, or 3.25 per cent, of the whole, and imports at £1,118,290, or 6.41 per cent. A remarkable feature of the returns is the rapid growth of our trade with Eastern Canada. Exports have almost . tripled, while imports are not quite double. It is obvious that New Zealand is a ready market for the manufactures of Canada's . industrial East, while the large populations of Ontario and Quebec are good customers for our primary produce. Unfortunately the balance of trade is very much in Canada's favour, and it will be the mission of Mr Collins, who has been appointed to the post of Trade Commissionex*, to increase our sales >so that the exchange is more equal. The new trade representative has the experience to help him in his post, which should develop into a valuable centre in the promotion of new markets for our produce.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/THS19291210.2.10

Bibliographic details

Thames Star, Volume LXIII, Issue 17763, 10 December 1929, Page 4

Word Count
231

TRADE WITH CANADA. Thames Star, Volume LXIII, Issue 17763, 10 December 1929, Page 4

TRADE WITH CANADA. Thames Star, Volume LXIII, Issue 17763, 10 December 1929, Page 4