-
The church didn't allow meat consumption for 300 days out of the year. These were called "abstinence days". Since meat was in high demand, Europeans came here to fish for cod.
-
The economy of the Amerindians was based on a trading system. The Algonquins traded their pelts, caribou hides and meat in exchange for the Iroquoians agricultural surplus.
-
In the first half of the 17th century, the Amerindian nations and the French met each spring during trading fairs. This kick started the fur economy.
-
The colony would give their raw materials to the mother country, the mother country would turn them into finished products, and then sell them to other states.
-
Founded by Cardinal Richelieu, this company was financed by approximately one hundred French shareholders.
-
This company was created by merchants settled in New France. It took back the monopoly from the Company of One Hundred Associates from 1645 to 1663.
-
Because they were running out of furs, the Iroquoians destroyed Huronia. As a result, the French had to go to Algonquin territory to obtain pelt supplies.
-
Another intendant, Gilles Hocquart also tried to diversify the economy. The lumber industry will slowly start to develop.
-
Jean Talon did many things to help diversify the economy. He imported domestic animals from New France to help with animal breeding, encouraged farming of hops to make beer, built a brasserie, sent people to find iron ore, copper and coal, encouraged craft activities and founded a naval shipyard near Quebec city. Agriculture was diversified with the addition of wheat cultivation, and the introduction of the cultivation of cereals, vegetables and hemp.
-
This company was founded by Jean-Baptiste Colbert. It took over the trade monopoly and beaver pelt exports.
-
This company built trading posts throughout the entire region to engage in trade with the Cree nation.
-
In the 1690s, the beaver economy was in crisis. Fur-related fashion went out of style, so the beaver pelts were no longer in demand. They piled up in warehouses, so the King ordered a slowdown on the fur trade.
-
In the 18th century, the French organized commercial trades between France, New France and the West Indies. The purpose was to make France rich by taking advantage of its colonies' resources and by selling the manufactured goods made from the resources back to the colonies.
-
Until the mid-19th century, Great Britain had maintained a policy of protectionism, in which the colonies traded only within the Empire.
-
More than 200 merchants will establish themselves in the Province of Quebec. They are called "Montrealers". They will export natural resources and import manufactured goods from Great Britain.
-
Great Britain was at war with France. In order to prevent the British from obtaining supplies on the European continent, the French Emperor, Napoleon the First, imposed a continental embargo.
-
Great Britain adopted a series of laws, the Corn Laws, which guaranteed preferential tariffs on the British market to the colonies' grain merchants.
-
The timber trade was so lucrative, that a bank was created. The Bank of Montreal.
-
Farmers will have difficulty surviving on agriculture. They have to leave and settle in the cities or colonize new lands.
-
Great Britain will slowly stop buying wheat from Lower Canada. Poor weather conditions, poor soil and outdated farming techniques will cause an economic crisis. As a result, Lower Canada will start buying wheat from Upper Canada.
-
The Corn Laws are abolished and free trade was established.
-
Quebec went through it's first phase of industrialization. The main power source was coal, children started working, many immigrants will move to Quebec and farmers will leave for the cities. These people work under dangerous and harsh conditions. Industrialization will occur in these sectors: dairy farming, tobacco, food, textiles, shoes and leather, mining and lumber.
-
United States and United Canada will sign this treaty together. According to this treaty, raw materials and manufactured products could be traded between the two partners without having to pay custom duties.
-
This time working conditions are better. Industrialized sectors are hydroelectricity, pulp and paper, minerals and aluminum. The main energy source is also hydroelectricity.
-
During the 1930's, there was a worldwide stock market crash that caused a major drop in the economy.
