Today, Canada’s economy is about the 15th largest economy in the world. According to OEC, Canada has the 11th largest exporter in the world. Exporting and trading has been a major characteristic of the Canadian economy before Canada even became a country. Its economic history begins prior to European colonization with First Nations societies commonly hunting and trading. Exporting will always be a prominent aspect of Canada’s economy. One characteristic about why Canada has one of the world’s largest economies is because Canada has a vast land that provides so many natural resources that can be exploited and traded. Looking at how Canada’s economy developed in its early stages are important historically and economically for many reasons. Firstly, …show more content…
Canada’s geographical location was in close proximity to places such as Europe and the United States. It is also a country which has a land that is extremely abundant with natural resources that could be exploited. It also featured an already established trade network between the Indigenous tribes and the French and British who would trade for furs. These characteristics of Canada made European people permanently settle and colonize the lands. As they became settled the Europeans began to exploit Canada for its vast abundance of resources that they could trade. They would trade products such as alcohol and weapons to the Aboriginals in exchange for their furs. That was the beginning of the Fur Trade that became one of Canada’s biggest industries to export all over. This settlement as well as the Europeans who settled in the Atlantic region of Canada began to approach the fishing industry. Both fishing and the fur-trade became the foremost products of Canada well into the 19th century. One main aspect that allowed these products and industries to flourish was the waterways that both products depended on to be exported and traded. Mackintosh (1923) notes that the important area of Canada, the Atlantic coast, was easily accessible by the first European settlers who took advantage of Canada’s structure, including the waterways, that was one of the most critical elements that allowed the country to develop (p. 13). “That structure shaped the course of westward progress; it facilitated or hindered the connection of the frontier with the older settlements and with Europe; it selected to some extent its own settlers; and together with other factors it determined the trend of industrial production” (Mackintosh, 1923, p. 12). The major waterways such as the St. Lawrence river and the Great Lakes allowed the products to move westward and
In the time period between 1700s and the 1850s there was a lot of war and acts in Canada. Like the war of the Spanish Succession, the Seven Year War, the Constitution Act and the Act of Union, until they found peace. From 1700s to the 1850s there were a lot of events that impacted our country which made Canada
Canada is known for the vast landscape diverse in natural resources that are found with in its boarders stretching from coast to coast. The fur trade in Canada has a unique and colorful evolving history. The geography of Canada with its thousands of lakes and wide spread landscape began as a pristine environment to harvest furs. Early shore-based fishing exploitations off the Grand Banks could have been causes for the initiation of the North American fur trade. Europeans were attracted by the superb quality of the furs in the possession of the natives they encountered and saw the potential for marketing such furs in Europe where stock of good quality fur was becoming increasingly limited. Native people in what is now Canada, were interested in trading their furs for European goods not accessible or known by the Native people. Foreign items that the Natives sought out were metal implements, clothing, blankets and horses. Across the ocean a change in men’s headwear fashion in western Europe in the late 16th century motivated and drove the North American fur trade as a major business opportunity for European nations. As part of their uniform Swedish military officers fashioned a wide brimmed felt hat that inspired European men to wear a similar style of hat, this type of hat became a big demand in
In the development of what is known today as Canada, during the Elizabethan era, there was a series was highly documented and, surprisingly, not well-known occurrences. The colonization of New France set the foundation for Canada. The early settlers grew as a nation while holding true to some teachings of the French. The French were originally on the search for an alternative route for Asia and instead stumbled upon what was soon to become their greatest achievement. The French set out to trade in Asia, but found ever-growing success from the new land, despite every complication.
Canada has long been a nation of unparalleled development and evolution. Canadian history spans hundreds of years, covering events from varying points of views, and contains dimensions of culture, theme, and politics. Over the years, Canada has really shaped as a nation politically, economically, and socially. Specifically, there are two events that helped on shaping Canada, the Great Migration and the Rebellion of 1837. The Rebellion of 1837 was the stepping stone to reform in the government in Upper and Lower Canada.
England/Britain and France were involved in many epic struggles for imperial dominance in the colonial North America between c. 1600 and 1763. They had many ways that they had to shape early Canada to who it is today. Without these features the shaping of Canada would be completely different. It has shaped in ways which can be in from the fur trade and how it build up the relationships with the indigenous people and as well as Treaty of Utrecht and Paris.
In the early 1870s American traders came from America into the Northwest of Canada and they were causing troubles for the Canadian government. While most Canadian traders were under the control of
In Canada, an important economic transformation accelerated as Britain was wholly supplanted by the United States as Canada's main economic partner. By the middle of the decade, economic development started to soar in Europe and the Roaring
The French established three colonies in North America during the 1600s and 1700s. Louisiana and Canada were two of the three colonies. The colony of Canada extended from the north east coast where New Foundland was, down to the Great Lakes. Canada had no real settlements, however, they had many posts which served as trading posts and military support. The colony experienced harsh winters and short growing seasons and because of this their farming efforts usually failed and populations never grew. Since they had little to no success in farming, their economy thrived on fur trade with natives. By creating close ties with the natives they were able to trade metal goods for fur and then craft the fur and later profit from it. In the 1660s the
By the 1840s, Canada’s economy was still largely agrarian, even though the two key ingredients for industrialization—an available labour force and a transportation infrastructure—were in place.
Cases like the O.J Simpson murder case prove that the U.S. justice system is flawed. There was a racial divide in the jury that made it near impossible for the prosecution to win even before the case started. The Defence tried to distract the jury from the evidence by focussing their attention on racism. In addition, the so called entertainment of the case became more important than the murder of a helpless wife and a person who did the wrong thing and was punished anyway. This case and many other cases like the Casey Anthony and Amanda Knox validate that the American justice system is bias and glitched.
Canada is a country, proud of its culture and heritage. Canada is a country in North America alongside the United States and Mexico, boarded by the Arctic, Atlantic, and Pacific oceans. Particularly Canada is a multicultural, diverse country with two national languages consisting of French, as well as English. Although the language is diverse it is not the only element that changes across the country. In addition, Canada consists of just under ten million kilometers squared of land, which is the second largest landmass in the world. Likewise, Canada has everything from flat grass to beautiful mountains, sparse hills to large valleys with mesmerizing beauty. Something to consider about Canada and its success is the aspects of Canadian society, and what is contributing to the overall well-being of all Canadian citizens making Canada a great country to live in.
Unemployment currently sits at a seven point two percent as of March two thousand thirteen. This is a slight increase recently but has gone down from about eight point seven percent back in two thousand nine, the labor force has also increased by roughly one million people since the middle of two thousand nine. There has been a big boom for Canada since the American financial crisis which definitely affected the livelihood of Canadian citizens. Canada is unique because it is officially a bilingual country. This is an important factor when considering doing business in Canada. Canada has a constitutional monarchy which also has three branches of parliamentary (Legislative, Executive, and Judicial). The head of state is Queen Elizabeth the second. Canada is one of the top ten trading countries in the world; they are a very globalized country. They have a varied culture in Canada a major factor in this may be because it has the highest immigrations rate per capita in the entire world. The country itself prides itself on the multiculturalism that it promotes as a society and as a government. They come from British and French ancestry but also have a big influence from the Canadian people that instantly make Canada a very diverse market. Canada also ranks eleventh highest in human development as of March two thousand thirteen according to a Human Development Index study conducted by the United Nations Development Program.
Over the past few years, Canada's economy has done comparatively well and has demonstrated some resilience to the fluctuating global economy. However, Canada remains to be relatively less competitive with respect to other developed countries. In this paper I will attempt to take a closer look at Canada's position in the global economy today and examine the relevant issues.
Canada is currently sitting at a population of over 30 million people and is ranked 11th in the world in terms of exports (Canada: Economic Freedom, 2017). The economy in the country seems to be thriving very well with many skilled workers and plenty of jobs for most individuals in the civilian labor force. For the most part, Canada has always done pretty well in terms of having a successful economy. Starting in the early 50s Canada was thriving primarily off of the waterways unlike today the country thrives off selling petroleum, cars, and other things other countries need and want. Although this shift from a farm based economy too much more industrialization did not happen until after the Great War, it wasn't until the 1920s until Canada
In high school, some teachers would ask students what their parent’s profession was. Interestingly, they always asked caucasian students and not me. My teachers might have been trying to be considerate of my feelings and to avoid possible discomfort. It was nice that my teachers were being considerate, yet it was evident that some of my teachers had single stories of me as a Latino.