The Great Depression In Canada

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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.

The economy of canada had been greatly affected by the great depression. In between
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Saskatchewan experienced the lowest price for wheat in recorded history and saw provincial income plummet by 90% within two years, in consequence, forcing 66% of the rural population into relief for survival. The other western provinces were bankrupt from 1932 onwards. Although Ontario and Québec experienced heavy unemployment, they were less severely afflicted because of their more diversified industrial economies. They still produced goods and services for the protected domestic market, meaning the markets where the great depression haven’t really affected. (Encyclopedia) Profits from Canada had decreased from $40 million in 1930 to only $23.2 million in 1933, which is around 42%. The government responded to this by borrowing more money from other countries. The national debt continued to climb throughout the great depression, but the end of 1933, the government owed 100 million USD mostly towards the United Kingdom and to the United States at the beginning of the great depression, but during the beginning of the great depression the government owed them around 2 billion USD, this was due to the…show more content…
The great depression had affect Canada socially, as population changes occurred, as less immigrants go to canada, and birth rate changes, as well as death rates. Throughout the 1930s, Canada’s population growth reached their lowest point since the 1880s. Canada’s birth rate dropped from 13.1 live births per 1000 people in 1930 to only 9.7 per 1000 people in 1937. The lowest ratio until the 1960s. This affected the nation significantly, as the population decreases, not much children would grow up to work for the nation, thus creating less income and therefore not increasing the nation’s GDP as much as it can. The numbers of immigrants accepted into Canada dropped to less than 12,000 in the 1935 from 169,000 in 1929, thats over 1400% loss in immigrants. The amount of immigrants accepted into Canada never rose above 17,000 for the remainder of the decade. The number of deportations, however, rose from fewer than 2,000 people in 1929 to more than 7,600 in just under four years. In addition to the deportations, approximately 30,000 immigrants were forcibly returned to their original countries over the course of the decade, this was predominately due to illness or unemployment. The number of people that left Canada compared to the people that came to canada, is hardly a percentage. This affects Canada greatly, as people are leaving, therefore taxes gained from the citizens decrease, and productivity of
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