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Lecture 17

Lecture 17 Part 2 – Post-War Economics

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History 2201E
Linda Sabathy- Judd

Lecture 17 Part 2 – Post-War Economics Post-War Economics  GDP increased from $5.7 billion in 1939 to $30+ billion in 1958  The Marshall Plan runs from 1942-1952 to rebuild Europe, goods coming from US and Canada o Goods, money, etc.  Immigration greatly increased, especially between 1951-1961  People coming from Germany and Russia very common, especially Jewish people  Development of the Trans Canada Highway, oil pipelines and the St. Lawrence Seaway Locks  1950s: US worried about the extent of their resources, starting to look to Canada o Cold War also a problem o Canada could provide all that they needed: coal, oil, uranium, etc.  Walter Gordon: questioned how much Americans should have invested in Canada o American financial control could lead to American political control o Americans had penetrated all aspects of the Canadian economy o Canada
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