A History of the Canadian Economy

[Read] ➹ A History of the Canadian Economy ➵ Kenneth Norrie – E17streets4all.co.uk A History of the Canadian Economy provides a chronological account of Canada's economic and social development from the time of pre European settlement to the present Written by an economist and a his A History of of the ePUB ´ the Canadian Economy provides a chronological account of Canada's economic and social development from the time of pre European settlement to the present Written by an economist and a historian it provides an interdisciplinary treatment of nearly five centuries of Canada's past.A History of the Canadian Economy


A History of the Canadian Economy PDF Ö History of
  • Paperback
  • 469 pages
  • A History of the Canadian Economy
  • Kenneth Norrie
  • English
  • 15 July 2016
  • 9780774733731

10 thoughts on “A History of the Canadian Economy

  1. says:

    A History of the Canadian Economy by Kenneth Norrie and Douglas Owram is an interesting look at the development of the Canadian economy from per Confederation to the 1980's The book heavily focuses on both considering and critiuing the staples theory of Canadian economics This theory indicates that the Canadian economy developed through economic linkages to staples such as furs timber agricultural products and fish within Canada Slowly supporting industries like ship building hunting and gathering and financing developed as a by product of the hunt for staples for export to European markets The two authors refute this in some instances but it does hold true in several examples Lower Canada uebec developed due to French interests in the fur trade as French explorers expanded the borders of their settlements built trading posts and expanded rapidly along river banks Agriculture in this area supposedly developed to support this industry However the case is clearly not so cut and dry The authors use another form of development to refute the staples theory military development Canada was first split between French and British interests and then after the ousting of the French threatened by American expansionism from the south This reuired the development of forts to house troops and garrisoning supplies for the forts and billeted soldiers Halifax was a major centre of the garrison economy for example supplying raw materials and acting as a port of call for ships bringing supplies from Europe Developments like the Rideau Canal were funded for troop transport where private canal initiatives had previously failed Other than that the book is a cut and dry chronological look at the development of the Canadian economy through it's history It looks at each region and at various sectors over periods of time The development of Canadian agriculture which helped drive colonial self sufficiency is chronicled in detail In French Canada uebec and their Maritime possessions a Seigneurial system developed with feudal relationships between the landowner Seigneur and the tenant Habitant This system differed from the French system primarily because Habitant and Seigneur's did not have as high of an income gap as back in France Colonial living was tough and at least in the first century of French rule little support came from France This began to change before the English conuest however as France beefed up its military forces in North America supplanted Aboriginal middle men in the fur industry and accelerated settlement in the St Lawrence region First Nation's tribes like the Huron and Irouois acted as middlemen between trapping tribes Ottawa Algonuin Blackfoot etc and European powers This led to increasing rivalry and inter tribal warfare as the groups competed for a source of good income European powers could supply horses guns knives cooking ware and so on in exchange for furs However the Europeans did not have complete control over the trade in early times First Nations did not reuire a steady stream of tradeable goods that made them subservient to the fur trade One only needs so many guns pots and so on to live a good life and increase ones well being and older euipment could be traded downstream to groups with little contact with Europeans This meant that trading posts were often close to waterways like the St Lawrence for the French or Hudson's Bay British and First Nations trappers would travel directly to these areas to trade This changed however with the fall of the Huron and Irouois tribes and the accelerating rivalry between the French and English in North America The French pushed farther inland down into Ohio toward Louisiana and out toward the West coast of the continent After the conuest of the North America by the British the Hudson’s Bay company and the Mackenzie company gained increasing shares in the trade and built hundreds of forts out toward British Colombia in competition with each other The Hudson's Bay company eventually took monopoly control of the trade and owned a huge landmass from the borders of Upper Canada up to the border of Alaska This trade fell away however as fashions changed in Europe and the company land was eventually ceded to the new Confederation of CanadaSimilar events took place in the Atlantic provinces with fish predominating the economy in Newfoundland and the Maritimes in their early history These areas featured some of Canada's earliest settlements which acted as fishing outposts Most fisherman in early times however did not winter in Canada This changed as competition between French and British fishing interests and other European nations grew Settlements became permanent to stake claim and to reduce the costs of shipping supplies to Canada by initiating agriculturalgarrisoning settlements Ontario and Western Canada developed first as fur trading frontiers and then as agricultural and manufacturing areas In its early history these regions were peripheries to Lower Canada's fur trading interests located in Montreal However the need for new fur trapping regions and the need to settle these areas to keep out American interests led to a rapid push both pre and post confederation Upper Canada eventually Ontario would go from a small farming area to Canada's primary region fairly rapidly with the development of Agriculture in southern Ontario and manufacturing and services in York Toronto Norrie and Owram go into great depth charting these economic changes and the historical and political background to them Toward the 1930's and onward the authors begin to focus not on region but on economic sectors The growth of agriculture and the development of finance and credit systems and social credit and subsidies was a major turning point in Canada in the 1930's and onward as the Social Credit party and others sought to alter Canada's established economic traditions Free trade with the United States and Canada's relationship to Britain as both colonial subject and dominion nation are looked at in detail Free trade with the US was proposed many times in Canadian history after Confederation with the Liberal party dominating the issue and the Tories staunchly refusing Ironically it was a reversal of roles that led to free trade in the 1980's in Canada Other sectors like manufacturing mineral exploitation timber fishing trapping and sophisticated secondary and tertiary structures are examined from their development to their conclusion or establishment Clearly this is an interesting book It takes a deep and chronological look at Canadian economic history from pre confederation to the 1980's The authors work hard to critiue the staples theory with constructive examinations of garrison economics financing and trade and so on However Canada's initial economic frontiers were almost certainly primary resources and the linkages the exploitation of these resources created led to a sophisticated and diverse Canadian economy This book was simple to read while offering excellent data and analysis of Canada's historical economic trends It looks at both the economic side while also providing clear and concise historical and political explanations for why they occurred It was a tad dry in places and the need to refute the staples theory is worn on the authors sleeves and a bit unnecessary at times Even so this is a book easily recommendable to those looking to understand how Canada developed as a diverse and modern economy and the industries and resources that were important to its early and modern history

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