HIST113 Lecture Notes - Lecture 6: Philemon Wright, Lower Canada
Document Summary
3: nature and operation of major business areas of the economy. Impact of merchants on business development in the colonies. Impact of british and us policies on business. Quebec (lower canada): french canadien population increases, growth in agriculture and timber industries. Ontario (upper canada): formed after american revolution 1783, signi cant population growth due to immigration, growth of agriculture, timber, industry. Opportunity for merchant traders: removal of french merchants and military economy (supply, example: george allsopp. Similar opportunities in new colony of on: example: robert hamilton and richard cartwright. Main staple export of all the colonies by 1820s. Trees are cut and squared during winter months. Merchants in britain and in the colonies invest in production and export. Production and export of lumber increases around 1850: due to impacts of british free trade and the reciprocity treaty with the u. s. Canada-u. s. trade increases (water systems and shorter distances) Impact of timber/lumber on economy: initiates economic growth and development.