Item AAAB2880 - Einar Gunderson interview

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Einar Gunderson interview

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  • sound recording

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  • 1977-05-16 & 19 [date recorded] (Creation)

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CALL NUMBER: T2639:0001 SUPPLIED TITLE OF TAPE(S): Financial policies of the Social Credit government, 1952-1960 PERIOD COVERED: 1900-1960 RECORDED: [location unknown], 1977-05-16 SUMMARY: TRACK 1: Einar Gunderson discusses his background, education and training; his work as a chartered accountant in Edmonton; his experience working for the Alberta government as head of the income tax d;epartment in the 1930s. Gunderson came to British Columbia in 1945 and became established with one of the largest chartered accountancy firms in the province. Gunderson discusses his relationship with; W.A.C. Bennett and the background to his involvement in British Columbia politics which led to his appointment as Minister of Finance in 1952. TRACK 2: Gunderson discusses the 1952 by-election in Si;milkameen after which he took his seat in the Legislature. Ideas regarding fiscal and economic policy which were adopted by the Social Credit government. Comments about the 1953 provincial election in; which Gunderson was defeated and the subsequent by-election in Victoria which he also lost. Gunderson discusses his on-going relationship with Premier W.A.C. Bennett as financial and economic advisor; his role as vice-president of the P.G.E. and Director of B.C. Hydro. Gunderson also comments on his general influence on government policies, especially debt-reduction.; CALL NUMBER: T2639:0002 SUPPLIED TITLE OF TAPE(S): Financial policies of the government of W.A.C. Bennett PERIOD COVERED: 1952-1972 RECORDED: [location unknown], 1977-05-19 SUMMARY: TRACK 1: Einar Gunderson discusses his family background, attitude toward the Social Credit government in Alberta in the 1930s, relationship between Socreds in B.C. and Alberta, the Kelowna "bond-fire;", financial policies of W.A.C. Bennett, debt reduction, the issue of contingent liabilities, budget-making, economic development under Social Credit, the Toll Bridges and Highway Authority, B.C. Ferr;ies, homeowners grant, parity bonds. TRACK 2: Reaction to the issue of parity bonds, the B.C. Free Enterprise Educational Fund, election fund raising, free enterprise vs. public ownership, the role o;f government in the economy, socialism, inter-relationships in the Socred cabinet, the Sommers Affair, W.A.C. Bennett and loyalty, personal relationship with W.A.C. Bennett, comments on Bennett's char;acter and personality, travelling with W.A.C. Bennett, federal-provincial relations, equalization payments.; CALL NUMBER: T2639:0003 SUPPLIED TITLE OF TAPE(S): Aspects of government during the tenure of W.A.C. Bennett PERIOD COVERED: 1952-1972 RECORDED: [location unknown], 1977-05-19 SUMMARY: TRACK 1: Einar Gunderson discusses the differences between equalization payments and W.A.C. Bennett's proposed negative income tax; relations with different federal administrations; federal-provincial; conferences; the Briggs affair; the Wenner-Gren plan for the development of the interior of B.C.; Axel Wenner-Gren; the genesis of the two-river policy; the takeover of the B.C. Electric Co., the Sto;nehill affair, the genesis of the Bank of British Columbia. TRACK 2: Continuation of discussion of the proposal for a Bank of British Columbia, concluding remarks on Bennett and 20 years of power. (E;nd of interview);

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Provincial Archives of British Columbia. [staff members], [1974-1987]


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  • Complete transcript on file.
  • Reference cassette copy (T2639:0002 - 0003 only) available in container 000443-153.

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No access restrictions apply.

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  • Copying Restriction: None.
  • Use Restriction: As determined by the BC Archives.
  • Copyright Status: Copyright British Columbia Archives.

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Accession number(s): T2639

Credits note

speaker: Einar Maynard Gunderson, interviewer: David Joseph Mitchell

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