§ 26. Mr. HANNONasked the President of the Board of Trade if he will make a statement of the proposals of His Majesty's Government for the maintenance of the competitive power of British export trade in Canadian markets pending the meeting of the Imperial Conference at Ottawa in the present year?
§ Mr. W. GRAHAMThe measures which His Majesty's Government in the United Kingdom have already adopted for the maintenance of the export trade of this country to Canada, as to other parts of the Empire, will, of course, be continued and kept under constant review, with a view to their development as may appear to be called for from time to time.
§ Mr. HANNONArising out of the remarkable reply of my right hon. Friend, may I ask him, first of all, what are the measures His Majesty's Government contemplate; and, secondly, whether he is aware that foreign countries are now investing large sums in Canada in the erection of plant to displace us in that market in the future?
§ Mr. GRAHAMThere is a whole range of effort, through our Department of Overseas Trade, export credits, and in all manner of directions. We are also engaged in preparations, as my hon. Friend knows, for the coming Economic Conference at Ottawa. Were I to give details of the preparations, I should require to stand here for a week.