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Timber and Economic changes after 1800
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Timber After 1812, Canadian timber was is large demand due to the blockade of Napoleon and his ships (between England and the Scandinavian countries)
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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…
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Timber leaving the port of Quebec for England
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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)
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Canals and Banks CONCLUSION 1791 – 1840 in Lower Canada:
Importance: furs wood. Stagnation ( ) of agriculture Development of transportation and banks
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