SAFEGUARDING BRITISH INVESTORS IN CANADA
[To the Editor of the SPECTATOR.] Is,—Canada has immense wealth in her water-power, mines, rests, &c. Many are coming to realize that, if Canada is eveloped industrially by British capital, it will mean employ- ent for a large portion of the surplus workers of the British les- There will be a demand in Canada for the very men the d Country can supply, men who are ready-trained, and ow on unemploymefit relief. Canadians, both English and French-speaking, want to see ritish capital developing Canada, and most especially do e9 want to see it safely invested, as nothing is more detri- elltal to the permanent welfare of a country than that Pital invested in it should be lost. I submit, therefore, that
British investors should obtain their information from institu- tions having a definite interest in the safety of capital invested in Canada. The Imperial Government has its Department of Overseas Trade, with its efficient Trade Commissioners abroad, and the Dominion and Provincial Governments have excellent special departments and offices in London. I would call attention also to the great Canadian banks and railway systems, because they are feeling the pulse of Canadian commerce daily.
• Very few people lose money by waiting to make proper enquiries. into an investment.
The following have offices in London, and any of them can obtain reliable information for the investor, whether he is a manufacturer considering the erection of a branch factory in Canada, or the possible purchaser of Canadian stocks or bonds : Bank of Montreal ; Royal Bank of Canada ; Canadian Bank of Commerce ; Bank of Nova Scotia ; Dominion Bank ; Canadian Pacific Railway ; Canadian National Railway.
May I also suggest that the British capitalist who is con- sidering the erection of a new plant should ask his banker to make enquiries through Canadian banks, and the Develop-
ment Departments of the C.P.R. and C.N.R., and consider Canadian possibilities ? American capitalists are doing so, and are finding that it is to their advantage to invest millions in Canada, having in view the huge export trade of Canadian manufactured goods which is developing. Canadians arc doing their part to try to avoid some of the mistakes which have been made in the past, and they want British capitalists and investors to avail themselves of the facilities provided for this purpose. They want to see Canada being developed by British capital, so that employment may be provided for British men under the British flag.--I am, Sir, &e.,
R. R. Taomesox.
School of Commerce, McGill University, Montreal.
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