MGMT 1030 Lecture 5: The Canadian Economy, 1890 to the Present
18 Aug 2015
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Canada"s second industrial revolution, 1890-1945: continued railway expansion. East of winnipeg, the federal government would build the national transcontinental. Railway (ntr) across northern ontario and quebec, crossing the st. lawrence. River at quebec city and ending at moncton, new brunswick. The conceptual plan was to have gtr operate both gtpr and ntr as a single transcontinental railway, competing with the canadian northern railway (cnor) and canadian pacific. Expanded from a regional system of rail lines on the prairies. *** robert borden and william lyon mackenzie king*** (1917) (warlords) Merged with the canadian northern in 1920. Canadian railway mileage increased from 17,800 miles in 1900 to 40,000 miles in. All major transcontinental railways experienced significant financial problems: the prairie wheat boom. Prairie population increased from 250,000 in 1891 to 1. 3 million in 1911. Dominion government granted 118 million acres of prairie land before 1930. 70% of these grants occurred between 1900 and 1914.
