The Labor Statesman
data provider: CONTENTdm
alternative: [The Labour Statesman]
is referenced by: https://resolve.library.ubc.ca/cgi-bin/catsearch
is part of: BC Historical Newspapers
issued: 2024-02-06
issued: 1964-05
aggregated CHO: https://open.library.ubc.ca/collections/labours/items/1.0439713/source.json
format: application/pdf
note: mm Prosperity around corner? Could be, if. Labor takes a long look at economic conditions In this issue: Special of CLC national con v. Since, the Canadian Labour Congress convention In 1962, Canada's economic conditions have improved. The real gross national product has climbed and unemployment has dropped. Despite these good signs, there are plenty of troubles ahead. Here is a summary of the CLC statement of economic policy that, in effect is Canadian Labor's studied look at things to come' and the things that need to be done. . * *■- * While the Canadian labor movement recognizes improvements, it would be hazardous to assume that Canada is about to embark on a long-run period or prosperity. Unemployment is still well above the Beverldge maximum of 3 per cent and represents an unnecessary waste of human resources as well as a social problem. . • While certain key industries like steel and autommoblles have begun to add to their productive capacity, the Investment and corporate savings data for 1963 suggest that there is still some excess capacity In the Canadian economy. The growth figures for 1902 and 1963 are impressive, but they represent to a large extent the taking up of previous slack and are an indicator of how underutilized the economy, was before. We must not be lulled by the government's apparent conviction that the basic economic problems are vanishing and that the need for active public policy is diminishing. ' ' ' *-<_v-:..,._ Opportunity for planning In fact, the current improvement In conditions should be seized . upon not as an excuse for less planning but as a better opportunity to plan for a sustained pace of high growth and full employment over a long period of time. ' For example we should begin now to correct the problem of Inadequate effective demand which has been with us for some time. Effective demand was particularly low, relative to productive capacity, from 1957 to 1961. While it has risen In the past two years, this has been due largel…
note: Title changes in chronological order: The Labor Statesman (1924-04-25 to 1965-03), The Labour Statesman (1965-05 to 1969-09). From 1924-04-25 to 1965-03 The Labour Statesman was owned and published by the Vancouver and District Labour Council. From 1965-05 to 1967-07 it was published jointly by the B.C. Federation of Labour and the Vancouver and District Labour Council. From 1967-08 to 1969-09 it was published by the B.C. Federation of Labour.
has type: Newspapers
spatial: Vancouver (B.C.)
is shown at: 10.14288/1.0439713
language: English
lat: 49.246292
long: -123.116226
provider: Vancouver : University of British Columbia Library
publisher: Vancouver, B.C. : Vancouver and District Labour Council
rights: Images provided for research and reference use only. Permission to publish, copy, or otherwise use these images must be obtained from the Digitization Centre: http://digitize.library.ubc.ca/
source: Original Format : UBC Library
type: Text