Aftermath of War

Building for two World Wars had firmly buttressed Canada's agricultural economy with heavy industries. As a result, Trade Minister James MacKinnon proudly reported last week, Canada exported (mostly to the U.S. and Britain) a whopping $2,312,000,000 in 1946. The total is a new peacetime record and more than 2 1/2 times the 1935-39 average.

On the heels of such longtime export leaders as wheat, flour and newsprint, were some healthy newcomers. Locomotives, cars and parts exported totaled $53.3 million v. $358,000 in 1939; synthetic rubber, $7.9 million v. $200,000 in 1939; electrical apparatus (including radios), $20.9 million v. $3.2 million; ships, $18.8 million v. $500,000.

Canada's most promising new market is Latin America. Last year it imported over $90 million from Canada, almost five times as much as the 1937-39 average.

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