Search

This section offers business news briefs in Canada as of November 3, 1934. The resignation of Trade Minister H. H. Stevens in the face of investigations into charges of business malpractice beclouds prospective further New Deal legislation to regulate business in Canada. The cabinet case against Stevens was basically anchored on representations from Toronto department stores T. Eaton & Co. and Robert Simpson Co. The recently organized Federal Marketing Board is regulating marketing of British Columbia tree fruit, dry salt fish and flue-cured tobacco.

The article discusses the findings of a one year study regarding Canadian businesses which was released in April 1935. It states that a 499-page report was submitted to Parliament highlighting the need for business reform in the country. The paper recommended the creation of a Federal Trade and Industry Commission to prevent unfair and unethical practices, enforce the Combines Act to ensure competition and mitigate monopolies and create a standard system of weights, measures and labels. A unified labor program for workers is also recommended.

The article offers business news briefs from Canada which include a plea for lower taxes by the Canadian Manufacturers Association (CMA), highest value of stock trading recorded at the Toronto Stock Exchange (TSE) in its 102-year history, and the declaration by the Royal Bank of Canada that its assets passed the 3 billion dollars mark.

The article deals with the improving economic state of Canada which can threaten the financial performance of the U.S. in 1952. The increasing value of the Canadian dollar was a symbol of the country's growing strength. It states that in order to enhance its financial state, the country has undergone the most impressive industrial development of any nation in the world. It also features Clarence Decatur Howe, Canada's Minister of Trade & Commerce and Minister of Defense Production, who is claimed to have contributed most to the state's progress.

The article offers world business news briefs as of July 16, 1938. The highly favorable crop harvest in Canada is highlighted by the buying of surplus wheat by the government. The business climate in France is marked by a weak currency, stagnant industrial production and labor and political unrest. A census of all skilled workers in Germany is undertaken to enable job shifting in an emergency.

The article offers news briefs related to business as of March 1937. There is likelihood that the armament industry in Great Britain would lead to economic crisis. The topics that form part of the reform program of Canadian Transport Minister C. D. Howe include the capitalization of Canadian National Railways, the establishment of a tans-Canada air service, and control of carriers under federal license. Prices of several products in Japan have increased including tuna fish, beef, and bread.

This section offers world briefs pertaining to business as of July 27, 1935. Germany and Italy have been experiencing economic troubles with neither country having control over raw materials to support the developing domestic industry. French Prime Minister Pierre Laval's emergency economic program has been accepted without serious protest. In Canada, the Cooperative Commonwealth Federation has introduced its platform aimed at improving the country's economy.

This section offers business news briefs worldwide as of June 1934. Businesses in Germany were alarmed when the country's Reichsbank announced a day-to-day allotment for foreign exchange because of a three-percent drop in its gold reserves. U.S exports to Latin America improved in the first four months of 1934 by 47 percent compared to the same period in 1933. The Canadian government reversed its permit for the planned merger of the telegraph services of the Canadian Pacific Railways and the Canadian National Railways.

This section offers world business news briefs. Creditors in Germany have not reached an agreement with Dr. Schacht who refuses to meet the demands. Adolf Hitler, leader of the Nazi Party of Germany, declared reemployment of 3.5 million for the first year of Nazi regime. Canada exhibited evidence of economic recovery in the past week.

The article reports on the state of the Canadian economy in 1951, which jumped from 17.8 billion Canadian dollars in 1950 to 21 billion Canadian dollars in 1951. Canadian Minister of Trade & Commerce Clarence Decatur Howe described the year as a good one for Canadian business at home and aboard when he delivered the annual review of Canadian business. The 27 million Canadian dollars pulp mill built by Columbia Cellulose Co. and the 550 million Canadian dollars Kitimat project are some of the things proving that 1951 was indeed a good year for Canada.

The article presents news briefs related to business from several countries across the world. According to an optimistic official report on German food reserves, supplies are asserted to be secure for a war of indefinite duration. Sponsored news broadcasting is to be banned in Canada. The first contingent of workers have left the territories of Bessarabia and Bukovina for the coal-mining regions of the Don basin.

The article details the business activity in the U.S. and Canada as of November 23, 1932. Unfilled orders of the U.S. Steel Corp. increased to 11,950 tons. According to the National Automobile Chamber of Commerce, the production of motor vehicle in the two countries during October 1932 reached the lowest total since November 1918. The percentage of residential construction increased in several places including New York, Middle Atlantic states and Texas districts.

The article looks at the indications of the business condition of the U.S. and Canada as of November 1931. There was a decline in the adjusted index of steel production for the week ending October 30 than the preceding week. Also cited is a drop in automobile production in the U.S. and Canada during October. Weak domestic mill demand is blamed for sagging cotton prices.

This section offers business-related news briefs as of November 1924. The increase in prices of farm products has led to an improvement in fundamental conditions in Canada. The British Labor government has been defeated in the House of Commons. An announcement was made by the German Reparations Commission on the establishment of the Dawes Plan and the country's compliance with the requirements of the agreement.

The article comments on the smuggling of herring in Massachusetts ports from Newfoundland. The methods of the herring smugglers may be succinctly set forth: undermanned schooners ply from the New England ports to the coast of Newfoundland. There they buy herring of the natives at the legal rate of $1.25 a barrel, these herring are by false affidavits represented as the product of American fisheries. The more scrupulous perjurers in the trade keep an old net, or even a boat that floats, on the Newfoundland coast. Some even send a sailor to watch the Newfoundlanders draw the herring nets.

The article presents the business situation in Canada. It indicates an upturn in the rail business and bank clearings with the railroads having the highest traffic earnings. It also points to an improvement in bond prices while wholesale prices slightly declined. It cites concerns over U.S. plans for an export wheat subsidy which is feared to further depress world prices. Canada will further get substantial aircraft orders based on assurances from the British aircraft mission. Pan-American Steel and Allows Co. in Montreal has just been incorporated.

This section offers business news briefs as of October 1971. The German government wants to place heavier taxes on foreigners owning over 10% in a German firm, and 44% on foreign companies who operate or have subsidiaries on German soil. It is hoped that the visit by Russian Premier Alexei Kosygin to Canada will open more trade, as Canada made 101 million dollars worth of exports to Russia in 1970. The U.S. Commerce Department has approved 280 million dollars worth of licenses to firms wanting to sell equipment to the Kama River truck plant in Russia.

The article offers business news briefs as of April 15, 1957 on topics including the success of natural gas stocks in the Canadian stock exchanges, diversification in the tobacco industry, and corporate dividends.

The article presents updates on business in Canada as of July 2, 1938, including declines in carloadings and employment and the financial performance of chain store company Dominion Stores Limited.

The article covers issues related to the business sector in Canada as of July 1935. A pre-election cabinet reorganization is being planned by Prime Minister Richard Bennett while some ministers expressed their plan to retire, both of which can affect businesses dealing with the government. It adds that 20 million dollars of treasury bills have been disposed by Finance Minister Edgar Rhodes at an interest rate of 1.385%. Also noted is the delay of the meeting between Premiers M. F. Hepburn of Ontario and L. A. Taschereau of Quebec over energy contracts.