ECO100Y1 Lecture : ECO321 – January 16th, 2014.docx
Document Summary
Corn laws: british north american farmers could sell to british at any price, so who benefited, merchants benefitted, not the farmers, confederation: britain didn"t want us, us didn"t want us, so we had ourselves, hence confederation happened. Before 1860: there was a very little population in southern canada, railways have an immediate impact on manufacturing, we often think of canadian manufacturers as begging for tariffs, but they never did. We always had lower tariffs than anyone else: us had economies of scale, that"s why they can produce things cheaper than us. Export raw materials or manufacture: macintosh wanted to concentrate on raw materials exporting, and now in the harper government, we"re doing the same thing.