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Four days later, Canada's Finance Minister James Lorimer Ilsley froze all managerial salaries in Canada at the level...

Author: /time Magazine | Title: SALARIES: Threat, Freeze | 12/8/1941 | See Source »

...Finance Minister Ilsley went to work on the most complicated and rigorous project of Government economic control ever attempted on this continent, he had an interested visitor. Short, gum-chewing Leon Henderson went up on a flying visit from Washington to get some tips on the job he may some day have to do as Price Administrator...

Author: /time Magazine | Title: Foreign News: Ceiling over Inflation | 10/27/1941 | See Source »

...Nova Scotia-born, law-trained Minister of Finance James Lorimer Ilsley it was no surprise that on Sept. i clothing prices had crept up 17%, food prices 24% above pre-war levels. (U.S. rises 7% and 18% in the same period.) Minister Ilsley and his special board of consulting economists had an eye out for just such inflationary storm warnings, had a storm cellar ready. This month they laid their economic plans before Prime Minister William Lyon Mackenzie King and his full Cabinet...

Author: /time Magazine | Title: Foreign News: Ceiling over Inflation | 10/27/1941 | See Source »

...nominally neutral, their war effort still far from hitting its full, expensive stride, U.S. citizens last week got a close-up view of what war taxation meant in dollars & cents, a possible preview of U.S. taxation in the uncertain years to come. In Ottawa, Canadian Finance Minister J. L. Ilsley stood up in Parliament to introduce the Dominion's biggest budget ever ($1,760,000,000), to suggest the biggest tax bill ($1,450,000,000) Canadians have ever paid...

Author: /time Magazine | Title: CANADA: Up, Up, Up | 5/12/1941 | See Source »

Blond, begoggled James Lorimer Ilsley, Canadian Finance Minister, brought in his so-called "baby budget." which the House of Commons promptly passed. No baby, the budget slapped an immediate embargo on some $50,000,000 worth of annual imports from the U. S. Samples: automobiles, oysters, tobacco, comic strips, fiction magazines, silk fabrics. Other imports, such as trucks and petroleum products, it admits in limited quantities by special permit until Canada feels she can do without them...

Author: /time Magazine | Title: CANADA: Hard Realities | 12/16/1940 | See Source »

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