§ 56. Mr. Harrisonasked the Chancellor of the Exchequer whether, in view of the unsatisfactory balance of payments between this country and Canada, which is stifling bilateral trade important to both countries, he will arrange for joint consultations at high Government levels, to overcome this position.
§ Sir S. CrippsApart from other frequent contacts, at all levels, machinery was set up by agreement between the Governments last autumn for this purpose in the form of the U.K. Canadian Continuing Committee on Trade and 1688 Economic Affairs which has just held its first meeting in London.
§ Mr. HarrisonDoes my right hon. and learned Friend think that method of tackling this dangerous problem is sufficient owing to the fact that ordinary trade adjustments will not by any means meet the position?
§ Sir S. CrippsIt was after discussion with the Canadian Ministers last autumn that we decided that that was the best step to take.