Thursday, December 26, 2019

The Great Depression of the 1930s in Canada - 1305 Words

The Great Depression of the 1930s in Canada The Great Depression of the 1930s is a benchmark for all depressions and recessions in the past and in the future. In the booklet The Great Depression of the 1930s in Canada , Michiel Horn gives an intellectual dissection of the events that occurred during the Great Depression. Michiel Horns approach leaves the reader with a foul taste for the Dirty Thirties. This essay will summarize Michiel Horns key points as well as discuss the ability of Michiel Horn to report his findings. Michiel Horn is currently the Chairman of the History Department at York University. His interests in the Great Depression revolve around the history of taxation. Therefore, he is interested in making†¦show more content†¦As people were having fewer children at this time, the population growth of Canada slowed. In an effort to keep jobs for Canadians, the government decided that it would reduce immigration. The first group targeted was the Jewish people. Some Canadians even decided to go to the United States in search of greener pastures . The movement of people from the country to cities also slowed. This was because it was easier for people to subsist in the country where they could chop their own firewood and live off the land. Life on the farm was actually not much better than in the city, as a drought cost many farmers, particularly those in the west, their crops. The political scene was dominated by a Liberal party that would not commit a five cent piece towards the cost of unemployment relief . This eventually led to their defeat in the summer of 1930. The winner of the election was the Conservative party. Their goal was to get Canada back up and running. In an effort to do so, they raised tariffs on imports and tried to protect national interests. This actually had the opposite affect on the economy and pushed the country further into economic hardship. The government around this time was also trying to balance the budget. In order to balance the budget, they increased taxes which also had a detrimental affect on the economy. After five years, the Conservatives were defeated due to unorganized leadership. The Liberals won the election in 1935. AlthoughShow MoreRelated Canada and The Great Depression of the 1930s1378 Words   |  6 Pages1929-1939- The Great Depression The depression years of 1929 - 1939 proved to be the worst, and some of the best years for Canada and Canadians. It was a time of extreme highs and lows socially, emotionally, and economically. It was a time that Canada came into her own being on the world wide stage. During the worst depression years in Canada, there were many people who tried tirelessly to get Canada out of the crisis she was in more quickly and efficiently. William Aberhart and his group ofRead MoreLife Of Canada During The Great Depression964 Words   |  4 Pages Life in Canada during the Great Depression Mr. Gurr CHC2D2 Quinton Cochran April 29, 2015 St. Andrew’s College Life for people during the Canadian Great Depression of the early 1930 s had the worst living conditions of any Canadians in the 20th century. No country was hit as severely as Canada due to its strong dependence on raw material, farm exports, and the aftermath of the Prairies drought. This left thousands of Canadians starving and often homeless, as the social and economicRead MoreGreat Depression Essay1662 Words   |  7 PagesCanada is a nation constructed from small stones of determination, and piles of perseverance. Today, Canada stands tall as a beacon of democracy and a fortress of ideological freedom. From the small stones of determination, to the status it wears proudly today, much has changed. 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Business was booming in the early 1920s, but when companies tried to expand, and therefore issued stocks, the economy was thrown off. Some investors sold their stocks for high prices, and as a result, everyone else followed. With less of a demand, stock prices became fractions of whatRead MoreCanada s Prosperity And Success1082 Words   |  5 PagesBank of Canada, which solidified Canada’s economy during the Great Depression (The Bank s History. - Bank of Canada. Web. 27 Apr. 2015); and WWII, and how it changed Canada into a key part in the future. (C.P. Stacey. Second World War (WWII). The Canadian Encyclopedia. Web. 27 Apr. 2015); all contributed to the changing of Canada. 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