Canada at War: Holding the Line

Not many in the Dominion were aware of it, but last week was an important milestone for Canadians—the third anniversary of rigid, overall price control.

Canada's cost-of-living index last week stood at 118.6 (the 1935-39 average was taken as 100). This was only 3.1 points higher than on Dec. 1, 1941. (In the U.S., living costs are up 29-30% since 1941; in Britain, up 30% since 1939.) So well had Canada's fight against wartime inflation been managed that the index showed a .7 decline in the last year.

The Canadian people could claim a share of the credit. They had dug deep into...

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