ADMS 1010 Lecture Notes - Redistribution Of Income And Wealth, Barter, Mercantilism

• School: York University
• Department: Administrative Studies
• Course: ADMS 1010
• Professor: Eytan Lasry

Document Summary

The first settlers in canada were french 17th century. They were strongly catholic and conservative in background. In 1759, the british successfully achieved conquest of new france. The revolutionary war (1775 1783): canadian and british soldiers are fighting against the americans. The war of 1812: canadian soldiers fighting against the americans. In 1840, canada was composed of canada east (modern day quebec) and canada. There was also rupert"s land (land owned by the uk). British north america act of 1867: created the dominion of canada: canada east, Canadians were promised currency for trade, financing for development, a railroad (to tie country together), and stability (peace, order and good government). The provinces were to retain their culture and institutions. There is a mutual dependence between government and business. Businesses need government for laws, rules, and infrastructure. Government needs businesses for employment and tax revenue. Regional economic disparity (red: transfer payments from one surplus province to another in need, i. e.