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The Role of Protective Tariffs in Canadian Economic Development During Confederation

This text explores the challenges faced by Canadian manufacturers in the East due to American competition. It highlights how protective tariffs were implemented as a solution to safeguard Canadian industries by making American goods more expensive. The ensuing diversification of Canada's economy through new manufacturing jobs and growth in industries is analyzed, along with the transformative impact of railways and agricultural shifts in the late 19th century. Overall, the implementation of tariffs facilitated a steady economic progress during a pivotal time in Canadian history.

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The Role of Protective Tariffs in Canadian Economic Development During Confederation

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Presentation Transcript

  1. Helping Industry By: Madison, Jennaca, Reece ,Savannah, Aleighsha and Ashtyn!

  2. The Problem of Confederation. By Aleighsha and Savannah:) • Creating the railway was one way of making this trade possible • Canadian manufactures in the east faced a huge problem, American business could produce goods. • American sold goods at a lower price than Canadian goods. • Canadian producers worried that canadians would buy the less expensive US goods.

  3. The Solution: Protective Tariffs. By Madison And Jennaca! • A protective Tariffs a tax placed on a product crossing the border. • Macdonald knew that the Tariff would make American goods more expensive than the Canadian goods. • For the 3rd part of his National Policy, Macdonald put a Tariff on goods coming into Canada.

  4. How a Tariff Works: The Tariff:

  5. In Favor For The Tariff • New manufacturing industries created jobs • Adding manufacturing made Canada’s economy more diverse • Canada’s industries were young.They needed more help so they could grow • The high tariff kept foreign products out. People bought Canadian products instead • The tariff brought in a lot of money. It paid for programs that people wanted

  6. SLOW BUT STEADY PROGRESSIN THE LATE 19TH CENTURY. BY: REECE AND ASHTYN.B • The canoe was getting replaced by the a railway and the red river cart. • Grain was starting to replace furs as a religion chief export. • Trading posts were turning into business centers for farmers. • New arrivals from europe and eastern canada were farming the land. • Ploughed fields covered the fields were buffalo used to road.

  7. THEEND ta da

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