Economic Factors in the Development of Canadian-American Trade

When Canada attained the status of a self-governing dominion in 1867, the value of commodities shipped from that country to the United States averaged around $25,000,000 a year while the Canadian market absorbed approximately $20,000,000 worth of American goods. In 1929 the values of trans-border shipments reached the peak figures of $500,000,000 for the southward flow and almost $900,000,000 for the stream moving northward. The vast proportions of this intercountry trade and its remarkably...