Prime Minister R.B. Bennett

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Presentation transcript:

Prime Minister R.B. Bennett 1930 - 1935

Tariffs Believed that TARIFFS were necessary for 2 reasons To keep Canada independent of the US To create markets for Canadian producers TARIFF revision – steeply upward was instituted

Unemployment Relief Act $20m for public works

Imperial Conference Hoped for reciprocal preference in trade “I offer to the Mother Country and to all the other parts of the Empire, a preference in the Canadian market in exchange for a like preference in theirs.”

More Tariffs Wheat prices are dropping Drought continues Tariffs increased again in 1931

Unemployment and Farm Relief Act More public works money Direct relief Similar acts passed in each consecutive year until 1935

Wheat Looking for ways to market the wheat crop Established the Canadian Wheat Board in 1935

It gets worse The government’s deficit was $150m 1.5m (+) people dependent on direct relief Unemployment Relief Camps (single men) becoming hotbeds of discontent

Banking US banks locking their doors 1934 establishment of the Bank of Canada

Acts of Government Farmers’ Creditors Arrangement Act (1934) Allow families to remain on farms Natural Products Marketing Act Orderly marketing in the hope of obtaining better prices Public Works Construction Act $40m getting the unemployed back to work

Bennett’s New Deal Federal government intervention to achieve social and economic reform Employment and Social Insurance Act Minimum Wage Eight-hour days 48-hour weeks

Long Held Beliefs Old Age Pensions Unemployment insurance Labour Unions

Discontent Bennett Barnyard Bennett Buggies Bennett Blankets Bennett Soup