MGMT 1030 Lecture Notes - Lecture 8: Canadian Business, National Energy Program, Industrial Revolution

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Document Summary

The role of government in canadian business history. Four main periods in business: pre-industrial, first industrial rev, second industrial. The staple products (timber is the fourth staple product) New brunswick was the major supplier for timber. Nb was very isolates (little business industry before the major changes later on studied) Early 19th century, they focus on colonies to grow their timber products. 1809, colonial preferences come into place and nb has a very thriving timber sector. Trade being shipped from nb to great britain increases by 80 times on timber. Problems for nb is now all its dependence is on the timber industry and much of its trade is on great britain. Raw materials are being traded to great britain and great britain produces the spin off industries which nb doesn"t have. Government dictated the lives of most canadians (major involvement in the second. War of measures act time of national emergency the government can become a dictatorship.

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