Canada: THE DOMINION: Sitting on the Lid

With some self-satisfaction the Wartime Prices and Trade Board this week took stock after six and a half years of heavy-handed price control. It found that Canadian price levels had remained remarkably stable. Canada's official cost-of-living index had risen only 18.9% over prewar (U.S. rise, 31%). The increase was only 1.3% last year.

One reason, said a top Prices Board official, has been the Lack of powerful pressure groups attacking price ceilings—like those battering OPA in the U.S. But -there were other more important reasons. Wartime taxes had been much stiffer in Canada than in the U.S.; Canada had done a...

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