dnesday, May 18, 1960 TERRACE “Omineca” HERALD, TERRACE, BRITISH COLUMBIA CENTENNIAL MEMO. ear Admiral Hastings had. jur- Hetion over the Esquimalt based maps of the Royal Navy in 1866. ose included HM ships Malacca, mut, Sparrowhawk, and the gun- | . Forward and Grappler. FTRUCKERS! call | ARNOLD | BEST Box 638, TERRACE, B.C. - for: e PRODUCTS E © SERVICE f © ADVICE | When you call 1 your Imperial. Esso Agent, you . call on the total resources of , Imperial Dil ei ig ee een ete 843-6366 | by. The Honerable the export trade to our future, considering. -- would like to devote my attention to the Asia-Pacific region, leaving discussion on trade with the Paci- fic region of the Americas until some other time. For the reason that there are too many unknown factors in mainland China's trade picture, I propose to leave that subject untouched as well. One has rather mixed reactions when studying statistics on our export trade with the Asia-Pacific region because, although Canada has been increasing its exports to nearly every market in that area, this trade is still only a fraction of what it could be. For example, in 1961, Canada accounted for less than four per cent of Japan's 5.8 billion dollars ‘in imports. Even in the Common- wealth countries of the South Pa- cific we fared none too well, pro- viding only 3.6 per cent of the three billion dollars in imports by Australia, New Zealand, and the Fiji Islands, Probably our worat trading posi- tion was with south-east Asia where we accounted for less than one per cent of another 5.8 billion dollars in imports. Close to home, we find a clear picture af our trade position and its potential in studying British Columbia's forest products exports. One could be most enthusiastic | about the remarkable increase in shipments of forest products from this province to the Asia-Pacific region during the past quarter cen- tury If a closer. examination of the facts did not temper this enthusi- asm. I think you will agree with me though British Columbla’s 1984 ex- port of ‘76 million dollars in forest products to that ‘area was an 800 per cent increase over 1939 and nearly 265 per. cent over 1939, the than five per cent of the demand for softwood lumber and pulp pro- ducts, According to these forecasts, the 1075 demand for industrial wood in this region will exceed its pro- duction by nearly 763 million cubic feet. This is roughly half the total amount of timber cut in the entire province last year, - The FAQ anticipates the East Asia sub-region, comprising Japan, Taiwan, Korea, ‘and Hong Kong, will have the largest single defi- cit, with demand outstripping pro- duction by more than 695 -million -{eubie feet. Two of the five sub-| . reglons have projected ‘surpluses, but these would be swamped by three, Tucked away among these statis. swing towards our way of life. ‘| Where, of necessity, merchandiz- ing and education have been Limit- and cultural papers. Based ‘on a demand for the period 1953-55 and that for 1975, we find the demand for packaging rising from 16.1 per cent of the total demand to 20.3 per cent, and the demand for cul- tural papers nearly doubling in a cent. percentages of increased demand for industrial wood. As a matter of fact, while percen ‘mand for industrial wood for other uses are expected to decline, the actual volume of this wood requir- ed to meet other end uses should gories, cultural papers are of pat they represent am increased de- mand for pulp products — mdwe Minister ‘of ‘Lands, Forests and Water A number of recent reports ond studies have stressed Pacific rim trade opportunities. In view of the importance of {n this when‘ you’ consider’ that, al-]: province still was supplying less | “QQ (WqQqcaa the projected: deficits of the other | tics is a sign of the changing times, ; — an indication of the increasing |. -- ed to the more basic essentials, it | . J is encouraging to note an increas-| | | ed demand for packaging materials |: comparison of the average annual| - . oN KNOWS HOW ~-. Get cash now... for paint and paper, re-upholstering, .. «any good reason, A Niagara counsellor will talk over the. -- amount and repayment schedule .. . and tailor it ° ~, to fit your hudget. We believe money and helpful planning go together. aa “Loans from $50 to $2500 NIAGARA FINANCE COMPANY LIMITED. Tise from 5.5 per cent to 10.2 per) These figures. represent only , es of de-] - increase considerably for all cate-| The figures on packaging and| importance to British Columbia as). — Pacific Trade Opportunities Greatly Important .To Future RAY WILLISTON Resources I think this is ‘a subject worth sion of our pulp aud paper indus- In this particular column, | try, This is further substantiated in the projected increase in demand for pulp products which, in their own commodity group, are expect- cent. It also is worthy of note that by actual volume occurs in that game East Asia sub-region where 1975 demand for all industrial wood far outstrips production. All things considered, I believe there can be no dowbt that opportunity is knocking hard on the door for British Columbia's forest industry. However, we should not forget that we are not the only omes to hear. Abundantly endowed with their own forest resources, the United States and Russia can. be counted lucrative market. 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