Chapter 11 - Economic Activity During the National Policy Years

Flashcards covering key concepts from the National Policy Years related to manufacturing, economic evolution, and the socio-political landscape in Canada between 1867-1913.

Manufacturing as a percentage of GDP didn’t change much, but there were shifts in the __ contributions to manufacturing.

sectoral

Shipbuilding peaked in the __ in 1864 with 586 vessels built but declined to only 96 ships by 1896.

Maritimes

A significant international slowdown occurred in __ affecting wood exports.

1873

In 1897, the US imposed a duty on sawn lumber that would rise if Canada reinstated the export tax on __.

logs

BC placed an embargo on the export of __ logs from Crown lands in 1891.

unprocessed

By 1890s, exports of unprocessed __ relative to timber increased due to shifts in trade.

logs

New technology in paper production could isolate __ in wood.

cellulose

__ was ideally suited for paper production and was plentiful in Central Canada.

Spruce

In 1899, steelworks were erected in Sydney, NS, primarily producing __ rails.

steel

Canada's manufacturing faced high costs in the secondary manufacturing sector due to __ tariffs.

National Policy

Manufacturing activity was concentrated in __ Canada, especially in Ontario.

Central

The first department store in Canada was opened by __ Eaton in Toronto in 1869.

Timothy

Financial intermediation involves the transfer of funds from __ to borrowers.

savers

The Montreal Stock Exchange was formed in __.

1863

The first major project of the Ontario Power Commission was to build a __ from Niagara Falls to Toronto.

transmission line

Electric washing machines were invented in __.

1906

The __ was established in 1906 as the world’s first publicly owned power authority.

Ontario Hydro Electric Power Commission

The IWW welcomed all races into its ranks and promoted the general __ as a tool to overthrow the system.

strike

The __ was launched in 1918 with the aim of erasing jurisdictional barriers.

One Big Union (OBU)