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Edmonton Leaders See Oil Wealth Slash Trade Gap
Hon Robert H Winters told the Junior Chamber of Commerce in St Catharines that expanding Canadian oil and iron output could cut Canada’s 1949 trade deficit with the United States by about half. He warned of marketing crude petroleum difficulties but stressed potential gains from resource development. Cobourg Mayor Joseph Shuter Smith resigned after swift council action and apologies for controversial remarks, ending a brief, tense public session.
MENTIONED IN THIS ARTICLE
Canada
Robert H. Winters
Chamber of Commerce
St. Catharines
Ont
U.S
Cobourg
Joseph Shuter Smith
S.ns