Economy and Development

By crimok
  • Oct 1, 1500

    First Occupants

    First Occupants
    TYPES OF PRODUCTION (according to different groups):
    -the barter system -the value of objects defined according to one's needs- (trading system and notion of ownership)
    -Trade network between families, groups, and various tribes (maps, potlash)
  • Oct 1, 1500

    Organization and occupation of the territory

    Organization and occupation of the territory
    -means of transportation: canoes and snowshoes
    -economic roles of individuals:
    -men were hunters
    -women were farmers or gatherers
    -elderly watched after the children
    EUROPEAN FISHING GROUNDS:
    -present before the French Regime
    -consequences of first contacts between aboriginals and French fishers -- sometimes peaceful, sometimes not
    -FISH, FUR, TIMBER WERE THE MAIN ECONOMIC ELEMENTS.
    (French have all the fish and furs)
  • Period: Oct 1, 1500 to

    Economy and Development

  • (French Regime) Economy based on fur trade

    (French Regime) Economy based on fur trade
    -very dense population that required the Natives alliance to do the hunting.
    -exploration and enlargement of territory to search for more and more furs. New France was constantly expanding.
    -Trading posts were established. Foundation of the towns of Quebec and Three Rivers.
  • Chartered companies (100 Associates)

    Chartered companies (100 Associates)
    -chartered company system based on privileges (they were the only ones with the right of fur trade) and obligations (they were to supposed to administer and develop the country.)
    -The chartered companies ignored the development of the colony. The population was small, and mostly male.
  • mercantilism

    mercantilism
    -Mercantilism is a way of financial organization. European countries thought it was essential to posses as much gold as possible. The mother country takes in the raw resources from its colpny and sends back finished products. (it made more money for the king.)
  • Population of New France and 13 Colonies

    Population of New France and 13 Colonies
    NEW FRANCE:
    -Started small but grew in size, small in population, sole purpose was to export natural resources (furs) back to France.
    13 COLONIES:
    -remained relatively the same size, much larger population, focused on diverses farming as well as fur trade. DID NOT PRACTICE MERCANTILISM.
  • Agricultural activity

    Agricultural activity
    -subsistence agriculture: planting just enough to provide for the family.
    -attempts to diversify the economy with the triangular trade (between NF, France, and Africa) would fail. Theere was too mich demand for the fur tarde and not enough people with different skills to diversify. (population not big enough in New France.)
  • (British Regime) Economy based on fur

    (British Regime) Economy based on fur
    -Creation of the North-West Company (1783) after the American Revolution and merge with the Hudson's Bay Company in 1821.
    -Decline in the fur trade by the beginning of the 19th century.
  • Economy based on timber

    Economy based on timber
    -blockade by Napoloen (1806) and the rise in the demand for timber
    -creatoin of the Band of Montreal (1817) to allow people to invest and obtain credit/loans.
    --creation of new jobs (lumberjack, loggers, sawmills)
    -improvement and developpment of transportation: canals, railroads, steamships
  • Economic policies

    Economic policies
    -Great Britain ends its protectionist treatment with Canada in order to explore new markets. Establishment of Free Trade
    -Canada signs a Reciprocity treaty with the United States of America that lasts 10 years. (no customs or duties between the two countries)
  • Opening of regions of colonization

    Opening of regions of colonization
    Timber industry causes the development of these regions:
    -Mauricie
    -Outaouais
    -Laurentides
    (These were farms and rural areas)
  • Nationalist politics of MacDonald

    Nationalist politics of MacDonald
    -Increase custom duties: protect/promote Canadian Industries by ensuring Canadians bought Canadian goods.
    -Build Railways: The Canadian Pacific Railway was meant to run coast to coast, unify people, increase trade.
    -Encourage Immigration: Especially in Western Canada, bigger population = bigger market.
  • First phase of Industrialization in Quebec

    First phase of Industrialization in Quebec
    (from 1885-1900)
    -skilled craftsmen were using expensive/ time consuming methods (factories, first assembly lines that were more efficient, better for the economy but very dangerous. (powered by coal and/or steam.)
    -Quebec slowed farming fish, fur/wheat.
    -specialized in dairy-cheese- textiles, and wood. (in Montreal)
    -they all created finished products (as oppsed to raw materials-no mercantilism-.)
  • Population Changes

    Population Changes
    national Policy favoured immigration
    -going to develop taxes on things coming from the States
    -wanted to build a railway across Canada.
    Canadian population went up by 30-49%
    farms were still overcrowded
    There were better jobs in the USA, Ontario, and Western Canada; lots of emigration
  • Industrial developement

    Industrial developement
    -1st phase of industrialization: 1800-1915
    -2nd phase of industrialization: 1900-1915
    -war period (helped get Canada out of the Great Depression): 1939-1945
    -post-war period (Canada had opened its doors, and was accepting immigrants): 1945-1970
  • Exploitation of resources (contemporary period)

    Exploitation of resources (contemporary period)
    -exploitation of resources by sector and by period (agriculture, forest, mining, hydroelectricity)
    The natural resources that are exploited are ore, pulp & paper, etc...
    -Source of capital in different economic sectors
    Birth of Crown corporations (company or business owned by the government) E.g: Canada Post
  • Urban expansion

    Urban expansion
    -development in the cities: concentration of services (transportation, hospitals, education, etc...), infrastructure (aqueducts, sewers).
    -developments of suburbs
    -rural exodus
  • Opening of new regions

    Opening of new regions
    -regional development linked to the development of different industries and the exploitation of resources
    -Abitibi
    -Saguenay-Lac-Saint-Jean
    -Mauricie
    -Côte-Nord
    -Gaspésie
    -and others
  • Economic cycles

    Economic cycles
    PHASES OF ECONOMIC GROWTH
    -1st and 2nd phase of industrialization
    -1st World War
    -Roaring twenties
    -The Great Depression
    -2nd World War and and the Post-war period
    -quiet revolution
    -positive effects of globalisation
    PHASES OF RECESSION:
    -economic crises of 1873-1879, 1929, the 30's (Great Depression)
    -oil crises of 1973
    -recession since the years 1980 and 1990
    -negative effects of globalisation
  • The Great Depression

    The Great Depression
    CAUSE: Stock market crash of 1929
    -people were buying shares in companies on borrowed money (margin) when depts were called in the stocks plummeted.
    -the boom from the twenties, result of the first world war, came to a abrupt stop.
    -most economic sectors were hit hard
    -massive lay offs
    -families bought as little as possible
    -1930's are characterzied by the Great Depresson
  • Government Solutions

    Government Solutions
    -public works projects to boost the economy
    -work camps
    -direct aid
    -encouraged farming
    -the start of WWII in 1939 led to a huge economic boost and the depression ended (because of dual income and immigration)
  • Maurice Duplessis

    Maurice Duplessis
    -Maurice Duplessis was the premier of Quebec from 1936-1939 and 1944-1959 . (Conservative party)
    -He had "traditional" values (didn't want any advances in technology and gave the Church a lot of power, favoured famers)
  • contemporary period

    contemporary period
    -disengagement of the State, and many government companies were privatised (during the oil crisis in the 1970's and 1980's.)
    -Canada entered into trade agreements with the USA (Free Trade agreement of 1988) and Mexico (NAFTA- North American Free Trade- signed in 1993. This shows the ever increasing effects of globalisation.