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Lecture 9

History 2125F/G Lecture Notes - Lecture 9: Government Spending, Baby Bonus, Canadian Tire


Department
History
Course Code
HIS 2125F/G
Professor
Peter Krats
Lecture
9

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Northern Enterprise Lecture 9
Keynesian policies
o Lesson from great depression
o Applied during war time= post war commitment
o C.D. Howe
o Spend more, tax less, run surplus
o Road to promised land
Consensus on more government
Issues of jurisdiction
Faced issue of provincial-federal conflict
Feds offering not imposing social programs
Makes politicians offer they can’t refuse
o Government everywhere
Baby bonus
Cold war defence spending (NATO, Korea)
Infrastructure spending
Liberal programmes
o Old Age pensions
o Equalization
o Hospital insurance
o Start of education funding
Dief the Chief adds more
Pearson years
Canada pension plan
GIS
Medicare
Funding for education and youth
Not just limited to Ottawa
Ontario: 22 points
Quebec: Quiet revolution
Saskatchewan: Pioneers health coverage
o Canada builds St. Lawrence Seaway
o Canada first country to set up microwave network
o Economic drivers
Government spending
British need
American want
Consumerism awaken
o Dief’s dip 15-1962
Short lived downturn
Govt. stimulation/ difficulties
Recovery
Government funding to work
Consumerism
Money to weapons to kill zipper heads
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