MGMT 1030 Lecture Notes - Lecture 34: Lower Canada, John Cabot, North West Company
MGMT 1030
Lecture 34
Staples and the Early Economy of Canada
1) The Staples Thesis
➢ Originated by W.A. Mackintosh in 1923
➢ Developed by Harold Adams Innis
➢ The Fur Trade in Canada (1930)
➢ The Cod Fisheries (1942)
➢ Canadian economic history dominated by exploitation of natural
resources in an export-driven economy Fish, furs, timber, wheat
➢ Economic growth dependent on demand for staples abroad
➢ Long-term effect of staples dependent on linkages
➢ Backward, forward, lateral, final demand
2) Timeline of Pre-Confederation Canadian History
➢ John Cabot (England) explores Atlantic Coast (1497)
➢ Jacques Cartier (France) explores Gulf of St. Lawrence (1530s and
1540s)
➢ New France founded by Samuel de Champlain (1608)
➢ New France conquered by England (1759)
➢ American Revolution (1775-1783)
➢ Upper and Lower Canada formed (1791)
➢ Confederation of the Canadian British colonies (1867)
3) Cod and Newfoundland
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Document Summary
Staples and the early economy of canada: the staples thesis. Canadian economic history dominated by exploitation of natural resources in an export-driven economy. Economic growth dependent on demand for staples abroad. Long-term effect of staples dependent on linkages. Backward, forward, lateral, final demand: timeline of pre-confederation canadian history. John cabot (england) explores atlantic coast (1497) Jacques cartier (france) explores gulf of st. lawrence (1530s and. New france founded by samuel de champlain (1608) Confederation of the canadian british colonies (1867: cod and newfoundland. All european powers fished the grand banks in 16th century. England and france dominated the cod fishery by 1600. Cod fishery eventually became a residential activity. Cod the dominant economic activity in newfoundland. 89% of labour force in fishery in 1858. Staples and the early economy of canada: the fur trade in new france and the northwest. Fur trade dispersed over a wide geographic area. New france became a royal colony in 1663.