• Short Summary

    THE CANADIAN PRIME MINISTER, MR. TRUDEAU, DISCLOSED IN OTTAWA ON THURSDAY THAT CANADA WAS CANVASSING?

  • Description

    1.
    LS PARLIAMENT BUILDINGS, OTTAWA
    0.11

    2.
    MCU TRUDEAU SPEAKING



    TRANSCRIPT:



    TRUDEAU (SEQ. 2): "THE IMPORTANT THING IS NOT TO FRIGHTEN AWAY FOREIGN CAPITAL INVESTMENT. THIS IS VERY EASY TO DO. AS I SAID BEFORE, CUBA COULD DO IT IN THREE WEEKS. WE COULD DO IT EVEN QUICKER IF WE WANTED. YOU CAN GET RID OF FOREIGN CAPITAL MUCH TOO EASY FOR IT TO BE SAFE. WHAT IS IMPORTANT IS NOT TO GET RID OF FOREIGN CAPITAL. IT IS PERHAPS TO DIVERSIFY IT MORE, AND WE ARE DONG THIS NOW BY BORROWING, NOT ONLY ON THE UNITED STATES MARKET, BUT PRESENTLY ON THE GERMAN MARKET, ANT WITHIN A MONTH OR TWO YOU WILL SEE OTHER CANADIAN BORROWING ON OTHER EUROPEAN MARKETS. WE THEREFORE MUST DIVERSIFY FOREIGN INVESTMENT IN CANADA, AND WE MUST ESPECIALLY USE OUR OWN SAVINGS, OUR OWN INVESTMENT TO CHANNEL THEM IN THESE AREA WHICH ARE CRUCIAL TO THE FUTURE ECONOMIC GROWTH OF THIS COUNTRY. WE SHOULD NOT ATTEMPT SO MUCH TO GET RID OF FOREIGN CAPITAL BY BUYING BACK OUR INDUSTRIES AS WE SHOULD MAKE SURE WHAT MONEY, WHAT SAVINGS, WHAT INVESTMENT POSSIBILITIES WE HAVE ARE DIRECTED NOT TOWARDS BUYING BACK THE PAST BUT TOWARDS BUYING UP THE FUTURE. AND WE SHOULD AS CANADIANS CONCENTRATE ON THIS, RATHER THAN WORRYING ABOUT OUR PROSPERITY."




    Initials UNREADABLE


    POOR COPY

    Script is copyright Reuters Limited. All rights reserved

    Background: THE CANADIAN PRIME MINISTER, MR. TRUDEAU, DISCLOSED IN OTTAWA ON THURSDAY THAT CANADA WAS CANVASSING THE EUROPEAN MARKET FOR MOR LOAN MONEY.

    MR. TRUDEAU SAID THAT APART FROM LOANS RECEIVED FROM THE UNITED STATES, CANADA WAS NOW NEGOTIATING WITH WEST GERMANY, AND SMORALY WOULD BEGIN SIMILAR DISCUSSIONS IN OTHER EUROPEAN CENTRES.

  • Tags

  • Data

    Film ID:
    VLVA2L3N2IDWJRRX922ZL22B5AGUZ
    Media URN:
    VLVA2L3N2IDWJRRX922ZL22B5AGUZ
    Group:
    Reuters - Source to be Verified
    Archive:
    Reuters
    Issue Date:
    25/05/1968
    Sound:
    Unknown
    HD Format:
    Available on request
    Stock:
    Black & White
    Duration:
    00:01:26:00
    Time in/Out:
    /
    Canister:
    N/A

Comments (0)

We always welcome comments and more information about our films.
All posts are reactively checked. Libellous and abusive comments are forbidden.

Add your comment