Blough, Roger M.
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A joint meeting of The Empire Club of Canada and The Canadian Club of Toronto.
The speaker introduces the concept of a reversal of circumstances between Canada and the United States and wonders what life would be like, in order to facilitate greater understanding. A look at some of the economic problems in the context of what the speaker thinks is most likely to benefit Canada. The speaker takes a point of view from the north. An examination and exploration of some mutual problems, beginning with trade and international payments on both sides of the border. A mutual dependence in terms of business. Canada's concern with the heavy influx of capital from the United States. Looking at how both countries can do better business. The value of broader markets and the size factor in business units. Industrial development. Tax laws. The balance of payments problem: answers that lie in the internal or domestic policies of each nation. What the American government is doing. Trade policies. The situation in Canada. The advantages and disadvantages of removing the inhibitors to the flow of trade and capital. When and how rapidly to move towards such a policy.