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: italian man who went to england (giovanni caboto, like other italian explorers, including christopher columbus, cabot was commissioned by another country, and in cabot"s case it was england. It appears for the first time on a european map with the fra. Mauro map in 1457, although it appears much earlier on chinese and. Polo, cipangu was thought to be fabulously rich in silver and gold, which in medieval times was largely correct, owing to the volcanism of the islands and the possibility to access precious ores without resorting to (unavailable) deep-mining technologies.