Agricultural and Industrial 

 Progress in Canada 



A monthly review of Agricultural and Industrial progress in Canada 

 published by the Department of Colonization and Development of the 

 Canadian Pacific Railway at Montreal, Canada. 



Vol. 3 No. 9 



MONTREAL 



September, 1921 



Facing the Future Optimistically 



c 



S > ANADA is better able to face the fu- 

 ture than almost any other country 

 in the world," said Sir Robert Kin- 

 dersley, a director of the Bank of England and 

 Governor of the Hudson's Bay Company at the 

 recent annual meeting of that corporation in Lon- 

 don. There are few men outside Canada better 

 able to speak on the business future of this coun- 

 try, for in addition to being one of the leaders in 

 the commercial and financial life of Great Britain, 

 he is head of a company that has been trading 

 in Canada for over 250 years and has travelled 

 it from end to end. He should know whereof 

 he speaks. There is no 

 corporation that knows 

 more about Canada 

 and few that have been 

 as successful; 40% on 

 the common stock, the 

 rate during the last 

 three or four years, is 

 a pretty fair return. 

 Taking advantage of 



GOVERNMENT CROPS ESTIMATE 

 1921 



the action of the Uni- 

 ted States in placing 

 high duties on Cana- 

 dian exports which, if 



nothing else is bound to make it more difficult 

 to sell American goods in Canada through the 

 rising rate of exchange, the British are making 

 special efforts to capture Canadian trade. An- 

 nouncement to this effect was recently made in 

 the British House of Commons. Samples of 

 American goods that have been sold very gen- 

 erally in the Western Provinces have been taken 

 to England with the result that British manu- 

 facturers will endeavor to meet this demand. 



Unusual pains are also being taken to secure 

 the right kind of agents in this' country. It 

 appears as if the United States looks with com- 

 placency on the action of Congress in seeking to 

 keep out Canadian products, saying that "it is 

 an ill wind that blows nobody good." 



Wheat 288,493,000 



Oats 457,544,000 



Barley 58,027,000 



Rye 11,707,100 



Flax Seed 6,930,000 



Potatoes 99,937,000 



After spending two months in England during 

 which time he also visited France, Premier 

 Meighen has returned to Canada full of con- 

 fidence over its future. "Those who lament 

 about Canada," he says, "have not seen much 

 of other countries in these times. We have our 

 troubles here in Canada, of course, but we are 

 in a sound and comparatively strong position." 



The basis of this optimism on the part of Premier 

 Meighen and Canadians generally is doubtless 

 the realization of the fact that Canada has the 

 resources the world needs. 



The gross mercan- 

 tile marine tonnage on 

 the Canadian register 

 at the end of June was 

 1,583,000 tons. As an 

 indication of what this 

 means it may be said 

 that the total gross 

 tonnage of all other 

 British Dominions out- 



side of the United 

 Kingdom is only equal 

 to 400,000 gross. The 

 Canadian Pacific now 



occupies an important place among the fleets of 

 the world and has recently acquired a further 

 22,000 ton vessel, the Empress of China. Thirty 

 five years ago the Company sent out its first 

 vessel, "The W.B. Flint" a sailing ship of 800 

 tons, from Yokohama, Japan, to Port Moody, 

 near Vancouver, ten days before the Trans-Con- 

 tinental route was opened up. 



Italian shipping interests being able to book 

 a great many more immigrants than they can 

 larf in the United States under the present 

 Hmnigration Restriction Act are apparently 

 looking to Canada as an outlet and so tne Navi- 

 gazione Generate Italiana has inaugurated a 

 Canadian service, the first established line be- 

 tween the two countries. 



