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Canada and the Great Depression By Kaitlyn Beckwith
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Causes ● 1928 wheat crop crash o Loss of jobs o low food supply in farming areas o rapid decline of exports ● Dependence of the US o 65% of Canada’s imports and 40% of its exports were from the United States ● Dependence on Staple Products o wheat, fish, minerals, paper
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Effects ● the gross national product dropped 40% (US 37%) ● Unemployment reached 27% ● corporate profits of $398 million in 1929 turned into losses of $98 million as prices fell ● 1/5 of the work force became dependent on the Government ● Children taken out of school, students drop out of College ● Decrease in exports (main source of Canadian income)
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Canadian Response ● Relief program for families o Rations ● Single men sent to British Columbia ● Cuts to Health Care, Education and other social programs ● Dissatisfaction with party politics/corruption
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Sources http://www.yesnet.yk.ca/schools/projects/canadianhi story/depression/depression.html http://www.heritage.nf.ca/law/gov_response.html http://schoolworkhelper.net/causes-of-the-great- depression/
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