CANADA'S POSTWAR FINANCE.

This article focuses on Canada's postwar financial story. The great magnitude of and pride in war effort were to bring new confidence not only to businessmen but also to the whole Canadian people. The cautious attitude, which had been fostered by experience with the economy's vulnerability in earlier periods, began to give way to a more buoyant faith in the solid future of the country. The postwar period has been a period of rather rapid population growth. Partly as a result of natural increase, partly as a result of a more vigorous immigration policy and partly as a result of the voluntary accession of New-foundland, population has increased. A more spectacular source of the dynamism in the Canadian economy has been the success, which has attended the vigorous search for hidden riches in the natural resources field. This investment boom has rested not only on the needs arising from increased population and the discovery of new outlets for investment but to a very considerable extent on the voluntary deferment of capital projects in the thirties and the enforced postponement of expansion during the war.