Transcript Roaring Twenties.ppt

The
Roaring
Twenties
After WWI

People wanted to have some fun

Cut loose and do something exciting
Economic Development
Wheat farming industry was booming
in the prairie provinces. Especially
Saskatchewan.
Pulp and Paper Industry was booming:

Especially in Nova Scotia and British Columbia

Americans needed are trees for all their newspapers
Mining Industry was booming:

Especially in: Ontario, Quebec and Northern Manitoba.

Copper In Manitoba

Nickel in Sudbury

Lead and Zinc in B.C

American industry needed
Canadian minerals
Hydroelectric Power Industry was booming:

Especially in Quebec & Ontario

Niagara Falls became the 2nd biggest
supplier in the world

Energy needed for
new appliances
Oil & Gas Industry is booming:




Especially in Alberta
Demand for gas and oil to fuel automobiles
Known as "black Gold"
U.S. Investment $ poured into the development of oil
resources
The 1920s started American ownership of
Canadian raw materials

The Canadian government wanted to protect
Canadian Companies by taxing American
products.
Branch Plant Economy
Cost $125 with tariffs
Canadian companies
survive against bigger
U.S. competition
Tariffs or Taxes
$100 product
In order to protect
Canadian industry a
Tariff is placed on
U.S. products
In order to avoid
tariffs the U.S. puts
plants in Canada
Tariffs or Taxes
Control & Profits
remain in the US
Canadian Companies
crumble under the
massive
U.S.
Competition