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Page 31, May 13, 1979 - Sunday News

4
7

Canada has the strongest economic —

record of any . industrialized nation during”
the 770s. “Even during the difficult post-oil
crisis years, 1974-1976, Canada’s economy
out-performed virtually all others in the

. Western World. .

ia.. ‘Howdowe know this?
'. By using the comparative studies com-
: piled: by the international OECD (Organi-
Zation for Economic Cooperation and. -
Development), we get an objective and
unbiased picture of our economic record.
Whatever the economic. indicators used
—growth of income, job creation, industrial.
production, GNP etc.—Canada_consistent-
ly ranks at or near the top...

REAL DISPOSABLE INCOME RISE
CANADA? TOPS INDUSTRIALIZED WORLD
JN REAL OISPOSABLE INCOME RISE (1972-1976)
. PERCENT 3 ve

14 12.10 s 6 4 2-0 22
- CANADA
Disposable income -
grew faster than JAPAN
earnings in .
these countries iTALY
WEST GERMANY

RATE OF GROWTH IN EMPLOYMENT

it

_ % RATE OF GROWTH OF F REAL DOMESTIC

1970-78
_ » PERCENT

GAINS
_ 10 235) 920-425 +30

- : -$ G 5

. e Canada has consistently had the highest
job creation rate among the OECD coun-
tries.

. For the period 1968- 78 employment in
Canada has grown by some three million—
twice as -fast as our population—attaining
a record 477,000 for January 1978 to

January 1979...

TOTAL NET’ NATIONAL. DEBT
AS PERCENTAGE OF G.N.P.

PERCENT(LATEST FIGURES)
5 10 15 20 25°30 35 40 45°50 55 60

]

PERCENT |
a3

JAPAN Fo ce
FRANCE
CANADA

NETHERLANDS |
NORWAY

WEST GERMANY fl °-

. AUSTRALIA.

FINLAND
BELGIUM

ITALY

DENMARK

. UNITED STATES |
SWITZERLAND

— SWEDEN-T
UNITED KINGDOM.

- Domestic Product expresses the total
- value of goods and services produced in a
country—minus the earnings of foreign .
investors and investments abroad.

- The term “‘real’’ denotes growth with-
out counting inflation.

INTERNATIONAL COST OF LIVING
INDEX 1978 -
INDEX

psd 240 4 i let)

wo Lae ite

17a

Disposable ‘income

grew Slower than
earnings in
these countries

UNITED KINGDOM
. '  « Disposable income refers to gross
earnings, minus inflation and taxes, plus
cash transfers.
- The graph is based on the average pro-
duction worker.

INDUSTRIAL PRODUCTION % INCREASE
~ 1970-78

- All sectors of Canadian industry have
shown strong growth during 1978. a

- The steel, lumber, textile, shoe and _._
pulp and paper industries are all operating
at, or close to, full capacity.

. Capacity utilization in manufacturing
increased to 89.43% during 1978.

Published by the authority of the official agent of the BC Liberal Campaign Committee 201-1894 W Broadway, Vancouver BC

- The alternative to a federal deficit
would be higher unemployment and lower

transfer payments to people and provinces.

. CHANGE IN HOUSING STARTS
INDEX 1970-77 (1970= 100)
PERCENT

30-70-16 O10 24 JO 40 380 kt

BELGIUM
CANADA
UNITED STATES
NORWAY

JAPAN

FRANCE
NETHERLANDS
AUSTRALIA
UNITED KINGDOM
DENMARK

ITALY
SWEDEN

« Canadian housing costs are the second
lowest in the world.

- A recent Gallup Poll showed 863% of
Canadians satisfied with their housing, up
from only 603 in 1968.

. UNITED KINGDOM

"UNITED STATES
CANADA

ITALY
. AUSTRALIA.
NETHERLANDS
FRANCE
FINLAND
DENMARK
GERMANY
SWEDEN
SWITZERLAND
"BELGIUM
JAPAN

NORWAY § -

- The U.S. government + Statistics Report
ranks. Canada as the least experisive foreign
posting for its diplomats.

The result .
The average Canadian today

- has 50% more income;

- has two and a half times more. in
savings;

« earns 83% more in profits as a business-
man; °

e invests 62% more;

«has more money left after taxes;

« has a smaller net national debt;

e enjoys a much higher standard of living
than ten years ago. .

Think about it May 22. ..-. _—

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