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Economy and Development

  • Period: Oct 14, 1500 to

    Economy and Development

  • Oct 23, 1500

    First Occupants

    First Occupants
    -Used the barter system
    -Items were valued based on ones needs
    -Trade networks were between family's, groups and various tribes
  • Oct 26, 1540

    Occupations of the Territory

    Occupations of the Territory
    -Canoes were used to travel on the water.
    -Snowshoes were used in the winter to walk on the snow.
    -Men were hunters
    -Women were farmers
    -Elderly watched the kids
  • Oct 26, 1560

    European Fishing

    European Fishing
    -Before French Regime
    -European boats would come to North America for fishing
    -Fish was important in the catholique religion because you weren't allowed to eat meat on friday.
    -After catching the fish they would dry, salt or smoke them and then bring the fish back to Europe
  • French Regime

    French Regime
    -From 1608 to 1760
    -Economy based of the fur trade.
    -Trading posts were established
    -New-France kept on expanding
  • Alliances with the Amerindians

    Alliances with the Amerindians
    -The French alligned with certain Amerindian groups.
    -They would help fight their battles and vice versa.
    -The French would trade things with the Amerindians like alchohol and weapons for furs.
  • Mercantilism

    Mercantilism
    -Economic policy was mainly Mercantilism
    -It meant that the Europeans would export more than they imported.
    -They collected many natural resources and then exported even more finished products.
  • Agriculture Activity

    Agriculture Activity
    -Subsistent amount of agricultural activity.
    -Jean Talon tried to diversify the economy.
    -Failed because the demand for fur was much greater.
  • British Regime

    British Regime
    -From 1760 to 1867
    -Economy based on fur and timber.
    -English took over the fur trade
    -Creation of the North-West Company (1783)
  • British Regime: Economic policies

    British Regime: Economic policies
    -Britain ends it’s preferential/protectionist treatment with Canada.
    -They establish free trade.
    -Canada is in need of help.
  • Opening of New Regions

    Opening of New Regions
    -Timber indutry causes expansion.
    -Development of new regions: Mauricie, Outaouais, Laurentides.
  • Economy Based On Timber

    Economy Based On Timber
    -Economy based on fur becomes based on timber.
    -The blockade made by Napoleon in 1806 caused a rise in the demand for timber.
    -Development of canals, railroads and steamships.
    -New jobs were created such as luberjacks, loggers and sawmills.
  • Bank of Montreal

    Bank of Montreal
    -Bank of Montreal opens.
    -Allows people to make investments and obtain credit.
  • Reciprocity Treaty

    Reciprocity Treaty
    -After Britain ends their treaty with Canada, Canada needs help.
    -Canada turns to their neighbor (U.S.).
    -Canada signs a Reciprocity treaty with the USA.
    -Costoms and Duties were ceased.
  • Contemporary Period

    Contemporary Period
    -From 1867 to present days.
    -Exploitation of resources by sector and by period.
    -Birth of Crown corporations
  • Workers Demands

    Workers Demands
    -Because the conditions for worker were so bad.
    -To protect the workers, they came together to form unions.
    -Strikes and lockouts.
  • First Phase of Industrialization

    First Phase of Industrialization
    -From 1867 to 1900.
    -Skilled craftsmen (who were slow) were replaces by factories (which produced quickly and in mass).
    -Factories were dirty, unsafe, carried sicknesses...
    -The working condition for people was awful: long hours, little pay, constant risk of injuries..
  • Urban Expansion

    Urban Expansion
    -Many job oppertunities in factories.
    -Rural Exodus.
    -With the creation of machines, there is a less need for people in the farm lands.
    -Development of suburbs.
  • Opening of New Regions

    -Linked to the development of different industries and the explotation of natural resources.
    -Regions: Abitibi, Saguenay-Lac-Saint-Jean, Mauricie, Côte-Nord, Gaspésie…
  • World War 1

    -Canadians were forced to fight.
    -Conscription Crisis.
    -The need for women to work cause more rights for women.
    -Women were allowed to vote on behalf of their husbands.
  • The Great Depression

    -People were buying shares in companies on borrowed money
    -When debts were called in the stocks plummeted because people couldn't pay them.
    -Black Thursday: Stocks dropped below zero.
    -Many commited suicide.
    -Families bought as little as possible.
    -Many were fired.
  • World War 2

    -Canadians were not forced to fight, it was optional.
    -It got Canada out of their depression.
    -Created many jobs because army's needed products like guns and tanks.
    -Womens rights improved.
  • The Quiet Revolution

    -Began with the electoral defeat of the Union Nationale by Jean Lesage and his Liberal Party.
    -Begining of Welfare state.
    -To make the Quebec gov’t the major force behind Quebec's social and economic.
    -To modernize Quebec's educational system.
    -To weaken the influence of the church.
  • Oil Crisis

    -Led to a recession and the Disengagement of the State.
    -Many government companies were privatised.