Chapter 91 of 108 · The Freeman 1981 by Foundation for Economic Education
Conflict in Canada; H. Sennholz
The people are chafing from ram pant inflation, confiscatory taxation, soaring interest rates, and the worst recession since 1962. Ontario, the home for 90 per cent of Canada's auDr. Sennholz heads the Department of Economics at Grove City College in Pennsylvania. He's a noted writer and lecturer on economic, political and mone tary affairs. Hans F. Sennholz Conflict •In Canada tomotive industry and wealthy heartland of Canada, is suffering the harshest impact of the recession. A host of corporations have collapsed, leaving investors impoverished and workers facing a grim future. West ern Canada is coping with its own brand of economic disaster. A seri 0us drought is hurting the grain farmers, causing feed prices to soar and the cattle industry to suffer painful losses. But above all, the West is locked in a bitter political struggle with Ottawa about energy production which both levels of gov ernment, the federal as well as the provincial, are anxious to tax at ever higher rates. It's an ugly political fight about redistribution of income and property by political force.
The Freeman 1981
Read the whole book online · Book details
Free to read online and to download from this archive.