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Friday, April 12, 2013

Economic Prosperity and decline in Canada.

During the great contend, many export markets for Canadian Producers fell

dramatic tout ensembley. Because of the huge war debts of Europeans countries, which hurt

the western farmers badly, there was simply no market for Canadian goods. So the

Canadians (about a million) move to United States from the rural areas of

Eastern Canada, all because of high unemployment and increased on bankruptcies.

By 1924, conditions were much improved in Canada because of the american

investment in Canada soared, from large demands for wheat, pulp and paper,

hydroelectricity and mining, impertinentsprint,nickels and aluminum.

In 1928, American and Canadian products set of wheat exports, climbed from

$45.5 million dollars to 633.1 million in 1928 by the demands from recovering

Europeans economies. round the same time, industries such as pulp and

paper,hydroelectricity and mining were veritable and expanded as the demand for

their products grew in the United States and some other countries. Because of

American investment in Canada raised, people once again immigrated to Canada to

take advantages of the new opportunities, proving that Canadas natural

resources serveed fueled the economic boom in the twenties.

Another resources which made the Canadian investment soar, was the demand for

newsprint from United States. Between 1918 and 1928, investment in Canadian

paper mills increased by more than 350 percent as well as the production.

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Canada

was in short known as the worlds hint maker of paper, by the end of the 1920s.

Pulp and paper mills were soon built in British Columbia, Manitoba, Ontario,

Quebec, New Brunswick and Nova Scotia in the 1920s which greatly increased

competition among the leading newsprint companies, much like the American-based

International authorship Company and Abitibi Power and Paper. The demand for

newsprint proved that because of Canadas resources, newsprint had help fueled

the economic boom in 1920s.

Many wealth under the surface...

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