ADMS 1010 Lecture Notes - Lecture 2: Rideau Canal, Resource-Based Economy, Welland Canal
Document Summary
Canada"s economic history fish off of our eastern coasts. Canada first caught the attention of european nations due to the abundance of. Many european nations, particularly catholic ones, fished in our waters. The french and the english were the first to establish settlements, mainly to preserve the fish they caught before transporting back home. The fur trade soon begins to outdistance fishing as the major economic activity. Fur hats were all the fashion rage in europe. Fishing settlements tended to be seasonal, while those that grew up due to the fur trade were permanent (montreal and quebec city became important ports for the fur trade). In what is now the us, agriculture played a bigger role. This labour intensive activity caused the population there to grow much faster than in canada, as the majority of the fur trade was done in conjunction with canada"s existing. The importance of the fur trade led to the development of the hudson"s bay.