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In 1497 John Cabot find Newfoundland and uses it to catch tones of fish for Europe and also do Whaling for blubber to be used in soap cosmetics paint medications and fuel
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When under the French Regime the Economy was based off the colony of New France sending as many raw materials as possible like skins and wood to the mother country to then be made into goods and resold to other colonies
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In the early 1640s the Iroquois were starting to run out of fur so to retaliate they would destroy Huronia, a major dealer with the French and were now forced to go to the Algonquian territory personally for trade
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As of 1663 and past that the economy became more diverse to make New France a more independent colony, importing cows horses and sheep for animal breeding, creating more diverse agriculture like wheat cereals, vegetables, and hemp, and a naval shipyard to help export the colony's surplus
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After the British took over the land of New France the Economy also changed with new citizens and new ideas for the colony. With Protectionism in place new laws came into play and changed the economy
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In 1764, over 200 British merchants came to the province of Quebec to export natural resources and import good from Great Britain as Montrealers
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Great Britain was at war once again against France so France made a continental embargo, blocking off passage from the British to gain any supplies from Europe and Forcing them to find new sources for forest products.
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The bank of montreal was founded because the timber trade was so lucrative that people needed a place to safely store their money
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In 1821 the 2 largest fur trading companies merged under the name the Hudson's Bay Company to stop the competition and stop the battles between the two companies
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The First of many canals created was the Lachine Canal. It was used mainly for the transport of merchandise inland by water
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To make travel easier faster and safer to transport goods the railroad route from the South Shore of Montreal to St Jean-sur-le-Richelieu was created
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Canada finally has it's first phase of industrialization, with machines replacing the old and common workers replacing the old jobs that required practice and skill. Many of these industries were concentrated in Montreal and Quebec city
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The United States and United Canada will sign the Reciprocity treaty which will make trading raw materials or primary manufacturing products have 0 custom duties on them.
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The Victoria Bridge was the first bridge to connect the Montreal and North American rail networks, created by over 3000 people over the span of 5 years
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The economy in Canada wasn't doing great so John A. MacDonald created the National Policy, increasing custom customs duties, expanding railways, and stimulating immigration
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This phase focused more on the exploitation of Quebec's natural resources for new industries and the expansion of industrial sectors.
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the European powers were fighting each other in a world war so to help Great Britain, Canada sent supplies like food guns bombs and uniforms, this caused a large increase in the Canadian economy
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The CTCC or Confederation des travailleurs catholiques du Canada was a group of Catholics that wanted to control the Unons and preserve French canadian Culture
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After the New York Stock Market crash Quebec was effected and went into it's own Depression, having most people loose their jobs and going broke
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Quebec bought most of the private electricity companies and integrated them into Hydro-Quebec
