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HISTORY 304 0 CANADA AND THE WORLD Dr. Curtis Cole Trent University @ UOIT Canada-U.S. Economic Relations: Part One October 5, 2009
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FTA 1989 Canada-U.S. Economic Relations Brian Mulroney Prime Minister 1984-1993
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FTA 1989 NAFTA 1994 Canada-U.S. Economic Relations Brian Mulroney Prime Minister 1984-1993 Jean Chrétien Prime Minister 1993-2003 Robert Bourassa Premier of Quebec 1970-1976, 1985-1994
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Free Trade POLITICS IDEOLOGY left vs. right Tariffs = subsidies ECONOMIC SELF-INTEREST NATIONALISM Canadian independence Proponents of Free Trade: Economics Opponents of Free Trade: Nationalism Canada-U.S. Economic Relations
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THE NATIONAL POLICY John A. Macdonald, 1878 Railway Promotion Immigration & Western Settlement Protective Tariff Canada-U.S. Economic Relations
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Protective Tariff to protect infant industries Immigration and Settlement to prevent American occupation Railway to facilitate both Canada-U.S. Economic Relations
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Metropolitan Economy Successful Macdonald the Nation Builder Canada-U.S. Economic Relations
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Mercantilism Corn Laws repealed 1840s Reciprocity Treaty with U.S., 1854 revoked 1866 Canada-U.S. Economic Relations
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Confederation, 1867 laissez-faire Canada-U.S. Economic Relations vs. protectionism
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Alexander Mackenzie Prime Minister 1873-1878 (Liberal) Canada-U.S. Economic Relations
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Alexander Mackenzie Liberal Prime Minister, 1873-1878 Richard Cartwright Minister of Finance Canada-U.S. Economic Relations
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Alexander Mackenzie Liberal Prime Minister, 1873-1878 Richard Cartwright Minister of Finance Charles Tupper Conservative Finance Critic Canada-U.S. Economic Relations
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John A. Macdonald re-elected 1878 “National Policy” Canada-U.S. Economic Relations Canadian Nationalism Economic Boosterism Anti-Americanism
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Paul Craven & Tom Traves, “The Class Politics of the National Policy, 1872-1933,” Journal of Canadian Studies, Fall 1979, 14-38 Canada-U.S. Economic Relations
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CRAVEN & TRAVES MODEL INDUSTRY LABOURFARMERS Tariff (income) Immigration (labour supply) Tariff (prices) Canada-U.S. Economic Relations
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Tom Naylor, The History of Canadian Business, 1867-1914 two types of business older, “natural” growth opposed the tariff newer, large scale, large financing favoured the tariff Canada-U.S. Economic Relations
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Branch Plants Canada-U.S. Economic Relations Michael Bliss, “Canadianizing American Business: The Roots of the Branch Plant,” Ian Lumsden (ed.) Close The 49th Parallel, etc. (Toronto, 1970)
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Anti-Tariff Liberal Leaders Alexander Mackenzie 1867-1880 Edward Blake 1880-1887 Wilfrid Laurier 1887-1919 Canada-U.S. Economic Relations
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Wilfrid Laurier Prime Minister 1896-1911 Canada-U.S. Economic Relations
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NEXT CLASS (October 19) Canada-U.S. Economic Relations – Part Two Reading: Stacey, vol. I, pp. 122-171 HISTORY 304 0 CANADA AND THE WORLD
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