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HISTORY 304 0 CANADA AND THE WORLD. Canada-U.S. Economic Relations: Part One. Dr. Curtis Cole Trent University @ UOIT. October 5, 2009. Canada-U.S. Economic Relations. FTA 1989. Brian Mulroney. Brian Mulroney Prime Minister 1984-1993. Canada-U.S. Economic Relations. Robert Bourassa
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HISTORY 304 0 CANADA AND THE WORLD Canada-U.S. Economic Relations: Part One Dr. Curtis Cole Trent University @ UOIT October 5, 2009
Canada-U.S. Economic Relations • FTA 1989 Brian Mulroney Brian Mulroney Prime Minister 1984-1993
Canada-U.S. Economic Relations Robert Bourassa Premier of Quebec 1970-1976, 1985-1994 • FTA 1989 • NAFTA 1994 Brian Mulroney Prime Minister 1984-1993 Jean Chrétien Prime Minister 1993-2003
Canada-U.S. Economic Relations • Free Trade • POLITICS • IDEOLOGY • left vs. right • Tariffs = subsidies • ECONOMIC SELF-INTEREST • NATIONALISM • Canadian independence • Proponents of Free Trade: • Economics • Opponents of Free Trade: • Nationalism
Canada-U.S. Economic Relations • THE NATIONAL POLICY John A. Macdonald, 1878 • Railway Promotion • Immigration & Western Settlement • Protective Tariff
Canada-U.S. Economic Relations • Protective Tariff • to protect infant industries • Immigration and Settlement • to prevent American occupation • Railway • to facilitate both
Canada-U.S. Economic Relations • Metropolitan Economy • Successful • Macdonald the Nation Builder
Canada-U.S. Economic Relations • Mercantilism • Corn Laws • repealed 1840s • Reciprocity Treaty with U.S., 1854 • revoked 1866
Canada-U.S. Economic Relations vs. protectionism • Confederation, 1867 • laissez-faire
Canada-U.S. Economic Relations • Alexander Mackenzie Prime Minister 1873-1878 (Liberal)
Canada-U.S. Economic Relations • Alexander Mackenzie • Liberal Prime Minister, 1873-1878 • Richard Cartwright • Minister of Finance
Canada-U.S. Economic Relations • Alexander Mackenzie • Liberal Prime Minister, 1873-1878 • Richard Cartwright • Minister of Finance • Charles Tupper • Conservative Finance Critic
Canada-U.S. Economic Relations • John A. Macdonald • re-elected 1878 • “National Policy” • Canadian Nationalism • Economic Boosterism • Anti-Americanism
Canada-U.S. Economic Relations Paul Craven & Tom Traves, “The Class Politics of the National Policy, 1872-1933,” Journal of Canadian Studies, Fall 1979, 14-38
Canada-U.S. Economic Relations CRAVEN & TRAVES MODEL INDUSTRY Immigration (labour supply) Tariff (income) LABOUR FARMERS Tariff (prices)
Canada-U.S. Economic Relations Tom Naylor, The History of Canadian Business, 1867-1914 • two types of business • older, “natural” growth • opposed the tariff • newer, large scale, large financing • favoured the tariff
Canada-U.S. Economic Relations Branch Plants Michael Bliss, “Canadianizing American Business: The Roots of the Branch Plant,” Ian Lumsden (ed.) Close The 49th Parallel, etc. (Toronto, 1970)
Canada-U.S. Economic Relations Anti-Tariff Liberal Leaders Alexander Mackenzie 1867-1880 Edward Blake 1880-1887 Wilfrid Laurier 1887-1919
Canada-U.S. Economic Relations Wilfrid Laurier Prime Minister 1896-1911
HISTORY 304 0 CANADA AND THE WORLD NEXT CLASS (October 19) Canada-U.S. Economic Relations – Part Two Reading: Stacey, vol. I, pp. 122-171