Golden Daze

From Victoria to Halifax the tourists-from-the-U.S. business looked better than even the brightest presummer estimates. British Columbia officials guessed that by time things got back to normal it would have picked up 30 million U.S. dollars.

New Brunswick, welcoming close to 500 cars a day, roughly figured its take was already close to $8,000,000, with more business to come in September and October (a hunting month). Ontario, in a golden daze, was sure last year's $96,000,000 tourist income would be topped by at least 20%. French Canada estimated that it would entertain at least 15 million Americans, knew only that the profit would be enormous.

Pleasure-seeking travelers were not the only Americans whose money was coming across the border. Graham Towers, governor of the Bank of Canada, revealed in Ottawa last week that U.S. investments in Canadian securities now total a walloping $4.925 billion. Prewar total: $4.190 billion.

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