than last year. Owing to the phenomenal 

 yield of nearly all agricultural products this 

 year, few decreases in value as compared with 

 the previous twelve months are recorded. 

 Increases are shown in wheat, oats, barley, rye, 

 flax, buckwheat, mixed grains, and turnips, 

 while peas, beans, corn (both husking and 

 fodder), potatoes, hay and clover, alfalfa and 

 sugar beets, register decreases. 



A Per Capita Value of $320.00 



The same authority roughly estimates the 

 value of products of the ground, the seas and the 

 forest, not including highly manufactured pro- 

 ducts or wealth from water-power developed, 

 as slightly over $2,500,000,000, or, based on a 

 population of eight and three-quarter millions 

 of people, a per capita value of about $320.00. 

 Agricultural products, of course, account for 

 the largest share of the total, amounting to 

 $1,119,273,582. Livestock comes next with a 

 value of $766,720,000, followed in order of 

 importance by paper and pulp with $204,562,- 

 000, lumber $128,311,437, minerals $117,325,- 

 437, dairy $110,207,584, fisheries $34,930,935, 

 furs $10,122,751, wool $2,565,000, and tobacco 

 $2,400,000. These figures are obtained on the 

 1922 Winnipeg average cost price basis. 



The large grain crop in the Prairie Provinces 

 will enable the farmer to get back on his feet 

 again, make needed improvements on his farm, 

 and leave him an advantageous position to start 

 the new year. Many companies, owing to the 

 tightness of money and the depressed condition 

 of the home market early in the year, have been 

 holdinp up development plans, but with the 

 commencement of the movement of the wheat 

 crop money has become easier and a number of 

 manufacturers have announced they will go 

 ahead with their original plans. Mining and 

 pulp and paper industries are unusually active, 

 and reports from all sources indicate that the 

 coming year will see an active period of expan- 

 sion. 



Expansion of Pulp and Paper Industry 



There is littla doubt but that the Dominion of Canada 

 would to-day occupy a favorable and enviable place in 

 world regard if all other of its multifarious industries were 

 neglected and it did nothing else but fill the demands for 

 pulp and paper. To-day many countries of the globe are 

 coming to Canada for their supplies of these wood products, 

 and the year has been one of surpassing importance for 

 the pulp and paper industry. Month by month its pres- 

 tige has increased, and nearing the termination of the year 

 every mill in the country, working at high capacity, and 

 effecting extensions at a rapid rate, fail to adequately 

 satisfy customers. 



The pulp and paper industry ranks third among Cana- 

 dian activities in its annual revenue. As a producer of 

 pulp and newsprint Canada takes second place to the 

 United States, but the Canadian figures of output are 

 ascending so rapidly that on the authority of the most 

 reliable experts the time is in sight when Canada will lead 

 the world as a newsprint producer. 



After the depression of 1921 the present year has 

 seen a remarkable expansion in the Canadian industry. 

 For the year ending April 1st, 1922, pulp and paper exports 

 had a total value of over $180,000,000, a figure exceeded 

 only by exports of wheat and agricultural products. The 

 Canadian newsprint mills now have a rated capacity of 

 about 5,525 tons per day, equivalent to an output of 

 1,250,000 tons per year, which is double the output of any 

 year prior to 1917. In addition Canadian mills are 

 equipped to produce 2,500 tons of pulp daily. The 

 combined output represents a daily cut of 6,000 acres of 

 forest land. 



An Invested Capital of $347,000,000 



The Canadian pulp and paper industry is, in fact, 

 accomplishing so much that it is a difficult matter to keep 

 accurate trace of it, and statistics which apply to-day may 

 be entirely incorrect to-morrow. According to government 

 figures for 1920, the industry employed an invested 

 capital of over $347,000,000, of which slightly more than 

 half was in the Province of Quebec. In the first six months 

 of 1922, Canadian mills produced over 516,000 tons of 

 newsprint as compared with 612,000 produced by United 

 States mills. The Canadian newsprint output during 

 this six months period is stated to have been 93.6 per cent, 

 of mill capacity. 



Whilst the volume of United States newsprint produc- 

 tion has remained practically stationary at around 1,300,- 

 000 tons since 1913, Canadian production has increased 

 from 350,000 tons to 812,000 tons in the same time. 

 Exports to the United States have increased from 219,602 

 tons to 791,978 tons. The United States has, in fact, 

 come -to depend on Canada for 85 per cent, of the news- 

 print in addition to huge quantities of pulp. There is 

 also an extensive trade being built up, and increasing 

 rapidly, with the Antipodes and the Orient, and in this 

 regard the Pacific coast as a pulp and paper area is fast 

 developing in importance. Total pulp and paper exports 

 for the month of June this year amounted in value to 

 $10,534,896, and for July, $9,738,252. Production in the 

 latter month was nearly double that of the corresponding 

 month in 1921, though, due to lower prices, the value 

 was only slightly increased. 



Newsprint and Pulp Mills Full Capacity 



Without apparent exception, towards the closing of 

 the year, Canadian newsprint and pulp mills are operating 

 to full capacity, whilst the extensions to existing plants 

 under way, new plants under construction, and further 

 establishments definitely assured for the near future have 

 combined to constitute what is probably the most out- 

 standing feature of industrial expansion in the 1922 

 period in Canada. Noted below are many of the 

 extensions under way or proposed additions to the Cana- 

 dian pulp and paper industry. 



The headquarters of the Belgo Pulp and Paper Com- 

 pany have been transferred from Belgium to Canada 

 with executive offices at Montreal. The new company 

 has an authorized capital of $20,000,000, and will increase 

 its output next year from 200 tons to 350 tons, making 

 an annual production of slightly over 100,000 tons. 



In February last the new newsprint mill of the St. 

 Maurice Lumber Co. Ltd., at Three Rivers, commenced 

 operations. This mill now has a maximum capacity of 

 340 tons per day. 



At Point Rouge the Donnaconna Paper Company is 

 erecting a new groundwood mill. 



The Thunder Bay Pulp and Paper Company, at Port 

 Arthur, is increasing its output of groundwood pulp to 

 100 tons per day, and installing a paper unit capable of 

 turning out 60 tons per day. 



The Premier Paper and Power Company, at Hartville, 

 Nova Scotia, is to install a standard newsprint machine 

 with a capacity of 60 tons a day. 



207 



