The Great Depression was a devastating global economic crisis that impacted countries all around the world, including Canada. The economic downturn had a profound effect on the Canadian economy, leading to widespread unemployment, poverty, and hardship for many Canadians. This essay will explore how the Great Depression affected Canada as a whole and how it impacted different groups of people within Canadian society. Additionally, the government's response to the crisis will be examined, analyzing whether their actions were effective or not in addressing the economic and social consequences of the Great Depression. Through analyzing various historical sources, this essay will argue that the Great Depression had a lasting impact on Canada and its people, highlighting the need for effective government action during times of crisis. …show more content…
As noted in the Canadian Encyclopedia, the urban working class was hit particularly hard by unemployment, wage cuts, and job losses. Women, too, were disproportionately affected, as they were often the first to be laid off and were paid less than their male counterparts. Indigenous peoples also suffered greatly, as they were already living in poverty and had limited access to social services. On the other hand, the middle and upper classes suffered less, as they had more resources to fall back on.
The government response to the crisis was slow and uneven, as noted in a short history of Canada by Desmond Morton. The government initially tried to balance the budget and reduce spending, which only worsened the depression. Later, the government implemented a series of policies and programs designed to provide relief to those affected by the depression. These policies included creating the Canadian Wheat Board to stabilize prices for farmers, establishing unemployment insurance, and creating public works projects to provide jobs for the
The great depression was a really hard period of time because there wasn’t many option or programs like now such as employment insurance and welfare. Everyone had their own responses; at the time Mackenzie king wasn’t the most prepared he didn’t take an approach the economy, R.B bennet at that time prime minister believed in that the government out of the economy and everything will work out in the end. Maurice Duplessis was the sixteenth premier of Quebec he believed that a return to traditional values and the rural way of life guaranteed security the union nationale was created during the great depression from 1936 to 1970 with some breaks between. Defferin Pattullo thought the state should stop some actions and help ordinary people with
“The worldwide Great Depression of the early 1930s was a social and economic shock that left millions of Canadians unemployed, hungry and often homeless. Few countries were affected as severely as Canada during what became known as the Dirty Thirties, due to Canada’s heavy dependence on raw material and farm exports, combined with a crippling Prairies drought. Widespread losses of jobs and savings ultimately transformed the country by triggering the birth of social welfare, a variety of populist political movements, and a more activist role for government in the economy. ”The economic state of the country met with the large desire for change led many Canadians to make desperate choices to make their lives better. This desire and the birth of the Dionne quintuplets created a large jump in morale for many Canadians, this new found hope made Canadians want more of the quintuplets.
Canada was too effected by economic depression. Employment was becoming evermore difficult to obtain, resulting in the ever-decreasing wages of the people.
On October 29, 1929, the stock market crashed, affecting millions of people worldwide (Stevens).[a] Australia was one of the most directly affected countries to suffer from this recession, due to their increasing debt to oversea countries and decline in trade (Stevens). Lots of Australian citizens were unemployed during this time. Although the Great Depression was a time of great suffering in the lives of citizens, wealthy government officials were unaffected and did not provide much aid for the poor.[b] Lots of Australian citizens suffered[c] greatly during the Great Depression. Despite many people’s beliefs, losing a job meant much more than just financial problems for the majority of Australians; they lost self esteem as well (Williamson).
Canadians suffered a lot of hardship during the Great Depression which resulted in them feeling helpless and angry. This anger and helplessness left the Canadian people looking for someone to blame for their suffering; that someone became RB Bennett. The poverty of the Great Depression as well as Bennett’s past actions caused the rejection of Bennett’s ‘New Deal’ in 1935. The fact that Bennett was a millionaire and suffered very little during the Great Depression made it extremely difficult for struggling Canadians to trust him as they “…felt his wealth made him unable to relate to the struggles of ordinary Canadians during the Great Depression”(Source #1 Bennett’s Background). After experiencing so much loss through the first few years of
The Great Depression of the 1930s had a major impact on the Canadian economy, and the Bank of Canada was established as a response to the Royal Commission's recommendation for a centralized bank. This was a major achievement of the Bennett government, which preferred British models over American ones. The Canadian Supreme Court allowed the creation of the Bank of Canada and the Canadian Radio Broadcasting Commission, setting a precedent of increased federal government responsibilities. Furthermore, Mackenzie King's foreign policies grew more active in the late 1920s The Bank of Canada (BoC) played a vital role in stabilizing and protecting the Canadian economy during the Great Depression.
The Depression in Canada put many Canadians in a tight spot, and as a result new political parties emerged to help Canadians. One of the new political parties that emerged was The Co-operative Commonwealth Federation (CCF.) The CCF was formed in 1932 and was the first party of its kind in Canada. The Regina Manifesto (CCF 'S platform) opposed free-market economics and supported public ownership of key industries. The CCF also promoted social programs to aid the elderly, the homeless, the sick, and the unemployed.
This book seemed to give a great detail of the time period of the Great Depression and the impact of it. The author, Shlaes seemed very bias toward her opinion as she stated, “all the changes brought by the New Deal meant that the United States seemed a less reliable place” (Shlaes 336). She did not seem to like Roosevelt and the New Deal, but nevertheless, she seemed to give a great detail of the impacts of the Great depression on American life and how it changed their values and also how it impacted the American
The great depression in Canada started in 1929 and ended in 1939. This essay is going to talk about how the great depression had affected Canada economically, socially as well as politically. The Great Depression had affected Canada significantly as there was a drop in the economy, the economic drop had also affect the citizens living in Canada by a wide margin. A lot of other political systems and parties were also created due to the Great Depression. Thus, to a great extent, the great depression had affected Canada economically, socially as well as politically, as there was an economic job, population changed occurred, and new political parties were created.
In 1929, the U.S. was hit with the worst economic crisis in the history of the country, the Great Depression. The Great Depression left millions of people unemployed and cost millions their life's savings. The Depression lasted for ten long years for the American people. Since the Great Depression ended, people have studied it, trying to figure out what happened that started it all. The problem was, in fact, the poor economic habits of the people at the time, such as speculation, income maldistribution, and overproduction.
The Great Depression was a period of an economic disaster that lasted from 1929 to 1939. The effects of the depression varied across the nation and had a significant impact on all the different classes of the society. The following investigation will explore the impacts of Great Depression on the daily lives of middle-class Americans. Middle-class Americans were severely affected by the Depression mostly because they stood in the most convenient place of the societal ladder, they were neither poor nor wealthy. So, when Depression struck, the middle-class almost disappeared from the ladder because the economic crisis was massive and affected their lifestyles drastically.
Because of the nature of the depression, the people’s personal responsibility were little to blame. As Roosevelt put it, when private facilities cannot provide jobs for the public, it is the government’s role to provide relief. This marked a three term cycle between aiding the working class, and emerging social programs, that inherently strengthened the powers of the federal government. Altogether, this changed the people's interaction with government from being fairly limited before the twentieth century, to federal government control over monetary policies and workforce standards, which enacted long lasting changes in the upcoming form of government (Biles 3).
Prime minister R.B Bennett was not very helpful to Canadians during the Great Depression because he made strategic decisions for his political advantage. Firstly, When the Great Depression was at its worst in 1934, Bennett blamed the causes of the depression (The Roaring Twenties) which came from high investments, bank loans, and expensive manufacturing produce mainly based in Ontario and Quebec. Bennett fully accused Ontario and Quebec saying that they were “wasteful and extravagant”, so Ontario and Quebec were wealthy enough to handle their own crisis. Coming close to his election, Bennett suddenly changed his priorities of the population to bring unemployment benefits, minimum wage, and income taxation to Canadians by spending 20 million on the Unemployment Relief Act. which was inspired by Roosevelt's New Deal to combat the Great Depression in the
He even questioned the existence of the Depression. This is important because from 1930 to 1935, little action was taken due to the denial of the presence of a national crisis and the enforcement of laissez-faire. Without the support of the government, the Canadians struggled to live through an economic crisis. However, as
(Boan, 2006) The experience of the Great Depression in the 1930’s left many in difficult financial situations. (Boan, 2006) Although, provinces helped with relief payments for food, clothing and shelter, medical costs were too much for the budget. (Boan, 2006) Many people were not receiving proper medical care, and for those that were the bills were just too high, as a result, causing death from preventable diseases. (Boan, 2006) Years of depression and war brought cooperation and agreement between the federal and provincial governments: The Green Book Proposal, “introduced a plan for comprehensive social security, including measures to promote full employment, contributory social insurance plans and universal public health insurance”.