AbstractsEconomics

Because of its abundant forest resources, accessible power sites, growing population and availability of investment funds, Canada leads in the output of pulp and paper. The pulp and paper industry has headed the lists in net value of production, one of the best indicators of the relative importance of a manufacturing industry since 1920, and in wage and salary distribution since 1922. It employs 16.2 per cent of all gainfully employed in Canada as compared to mining's 9 per cent. It was first in gross value of production from 1925, when it replaced the flour mills, until 1935 when it was overtaken by the non-ferrous metal smelting and refining group. [...]