March 26, 1930 (16th Parliament, 4th Session)

LIB

James Lorimer Ilsley

Liberal

Mr. ILSLEY:

Yes; if it is adverse. It is
very difficult to know upon what basis we should attempt to conclude trade treaties with other countries. As a matter of fact the treaty with Australia has resulted in an enormous expansion of our trade, and I want to put on record some figures in support of this statement. That treaty came into effect on the first day of October, 1925. The year which ended September 30, 1925, was the last before the treaty became effective. These are the results flowing from the treaty:
Canada's Trade With Australia (Years ended September 30, 1925 to September 30, 1929.)
Years Imports from $
1925 2,762,959
1926 4,285,351
1927 6.610.579
1928 4.928.080
1929 3,174,761
That is to say -
Exports
(domestic)
to
12.578.531
17.213.321
18.558.471
14,670.738
19,623.593

Australian Treaty-Mr. Ilsley

Topic:   SUPPLY-AUSTRALIAN TREATY AMENDMENTS TO MOTION OF MINISTER OF FINANCE FOR COMMITTEE
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