Canada: EXTERNAL AFFAIRS: Extremely Gratifying

Canadians may look on the Pan American Union and a hemisphere defense treaty with a jaundiced eye (TIME, Sept. 8) t they are glad to do business with their Latin American neighbors. Before the war, Canada's trade with Latin America was a piddling one-half of 1% of her total foreign commerce. By 1946 it had jumped to 5.1%, amounted to $218,290,000. It is still growing. The Dominion Bureau of Statistics reported last week that in July Canada's exports to Latin America totaled $9,366,000, against $6.806,000 for July 1946.

Canada and Latin America in general were competitors in the world...

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