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The Empire Club © 2019 | All Rights Reserved

Vladimir Putin

Hart, George Arnold Reeve

Change as the order of the day. Changes in the business scene in Canada. The current situation. Some thoughts that might serve to put current conditions into perspective. Canada's material well-being and how it was achieved. Why Canada's growth has not proceeded steadily. The difficulty of matching capacity to demand. Phases of temporary surplus that are bound to recur. Reasons for the speaker's conviction that the current downturn is of a temporary nature. What we might expect to see in the next few months. The force of the resilience of the Canadian economy. Elements of resistance to recession built into Canada's economy in the form of a wide range of social security benefits. Deferred expenditures that can now be made. A pick-up in housing and what that will mean. Optimism about the outlook for Canada's export industries. The Gordon Commission and its sketch of the dimensions of possible future growth. The possibility of an enlarged flow of trade with the United Kingdom. A resurgence of demand for industrial materials. The race for space and what it implies for defence. Inflation. The role of monetary policy. Canada's attitude to current conditions. Discouraging discouragement.

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