Timber and Economic changes after 1800

Timber After 1812, Canadian timber was is large demand due to the blockade of Napoleon and his ships (between England and the Scandinavian countries)

Timber Consequence Large investment ($$$): Squared timber Ship building (a lot of it in Quebec City) Timber used for construction: New emploiment : Lumberjacks, raftmans, sawmen, carpenters for ships, etc., small merchants…

Timber leaving the port of Quebec for England

Canals and Banks   canals = man made ‘rivers’ that connect to natural waterways Canals were needed to adapt to the changing economic factors  timber trade Banks : Needed to finance these investments (canals), sources of credit, paper money First Bank: Bank of Montreal (1817)

Canals and Banks CONCLUSION 1791 – 1840 in Lower Canada: Importance: furs  wood. Stagnation ( ) of agriculture Development of transportation and banks