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Canada in the Great Depression Sophia Hays
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Statistics ●1929-1933: country’s Gross National Expenditure fell by 42% ●By 1933, 30% of the labour force was out of work ●1/5 Canadians had become dependent upon government relief ●Unemployment rates remained above 12% until the start of World War 2 ●1/3 of Canada’s economy came from exports
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Across the Country ●Saskatchewan, a “prairie territory” recorded lowest wheat prices of all time ●90% drop in incomes within 2 years ●Cities experienced heavy unemployment but had more diverse economies ●Maritime provinces were already in an economic decline ●Drought, grasshoppers, hail storms
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Government Response ●PM King refused to acknowledge the economic crisis or provide jobs for the unemployed at first ●Established a minimum floor price for wheat ●Established a national unemployment insurance scheme ●World War 2 transitioned Canada into an economic boom and world power, free of British rule
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Documenting the Depression
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Sources ●http://www.thecanadianencyclopedia.ca/en/a rticle/great-depression/http://www.thecanadianencyclopedia.ca/en/a rticle/great-depression/ ●pictures from Google Images
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