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Oct 2, 1500
First Occupants
The Natives traded within the different groups through the barter system.
Barter systemis when objects are only traded to ones needs. -
Period: Oct 2, 1500 to
Economy and Development
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Oct 2, 1515
Fishing with the Europeans
FISH, FUR, TIMBER. Fish was the first thing that the Europeans brought back to Europe. They dried the fish, smoked the fish and salted the fish. The economy was based on the fish industry. -
Mercantilism
Its a way to finance organization theory... Europeans thought that it was essential that they posses as much gold as possilble. You would accomplish this by exporting more than you import. Take in natural resources from colonies you had contral over and sell finished goods. Europeans would take as much as they could!!! -
Period: to
French Regime
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Economy based on fur trade
Creation of the first settlement Port Royal by Champlain, it was the reason he settled. Their was an insufficiently dense population, required the Natives alliance to do the hunting. Exploration and enlargement of territory to search fo more and more furs. New France was constantly expanding. Quebec and Three Rivers where trading posts. Chartered companies were created and aliances and rivalries commenced. -
Start of fur trade
FISH, FUR, TIMBER. Fur is the second thing that the Europeans brought back from Canada from the Natives who lived their. E.g. The Natives gave the amount of fur that would pile to the height of a rifle. -
100 Associates
The company was granted a monopoly to manage the fur trade in the colonies of New France, which were at that time centered on the Saint Lawrence. In return the company was supposed to settle French Catholics to settle in New Colonies. -
Closing of the company 100 Assiciates
The 100 Associates went out of business in 1663. The reason for this was because the taxes were high to send the raw materials back to France, because of the mercantile system. -
Period: to
British Regime
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Creation of North-West Company
They created the North-West Company after the American Revolution and merged with the Hudson's Bay Company in 1821. Decline in the fur trade by the beginning of the 19th century. -
Economy based on timber
Blockade by Napoleon in 1806 and the rise in the demand of timber.
FISH, FUR, TIMBER. This is when the timber industry became the base of the economy. Blackade was put in place by Napoleon and the rise in the demand for timber. -
Opening of the Bank of Montreal
The creation of the Bank of Montreal was to allow people to invest and obtain credit. -
Reciprocity treaty
Their was free trade between Canada and Britain when they ended it Canada needed new partener so they quickly turned to the U.S. That's when the reciprocity treaty was signed. This aloud Canada to have a larger market. -
Period: to
Comtemporary Period
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1st Phase of Industrialization
Phase lasted lasted from 1867- 1900. The first mnaufacturing companies were powered by coal/steam engines. Many industries in Montreal, Quebec stopped farming wheat and specialized in dairy, textiles and wood. -
National Policy
There was a population change that come with the National Policy.
Three main points of the National Policy:
- Increase Custom Duties
- Encourage Immigration
- Build Railways -
2nd Phase of Industrialization
This phase lasted from 1900-1930. During this phase the companies manufactured materials that were going to be used for finished products. -
World War 1
Lasted for 4 years (1914-1918).
1. Conscription Crisis: you are made to join the army. Its not the French war so the majority didn't really care, the English were ok and would entry willingly.
2. The women rights would improve, they would vote and work in the place of their husbands who were at war and couldn't do either.
3. Their is an economic improvement because people would build weapons and arms for the war.
4. Population Boom. -
The Great Depression
Stock marks crashed in 1929.
Government solutions:
- Public works projects to boost economy
- Work camps
- Direct Aid
People were VERY poor some even commited suicide because they didn't think that they could ever get the money that they lost in investments back!
- Encouraged Farming
The Great Depression ended when World War 2 started in 1939, their was an economic boost. -
World War 2
Lated from 1939-1945.
1. We first went to fight on our own accord.
2. Women's participation in society durastically increased.
3. Consription Crisis takes its course again but the soldiers never actually got to see war because they were too late to join.
4. BABY BOOM
