Premium Essay

Canadian Confederation

In:

Submitted By angel2005
Words 3576
Pages 15
Canadian Confederation
Introduction.
Canadian Confederation was the process by which the federal Dominion of Canada was formed on July 1, 1867 .By the middle of 19th century, The United Province of Canada and the Maritime colonies remained separated by the long distance and had an extremely few ways of the communication [Riendeau 156]. This led to absence of economical relations between the east and the central colonies [Riendeau 156]. For two decades the British North America colonies came to the realization that their continued growth and the survival independently of “a powerful and ambitious neighbour, would depends on the breakdown of isolation and a convergence of their diverse interests” [Riendeau 156]. Most historians, who describe the period before 1867, divide the reasons that led to the Confederation into few general groups such as: the coming of the railway age, which made transcontinental transportation and communication feasible, the British withdraw as an imperial force, the willingness of the USA to annex its northern neighbour, the political deadlock of the United Canada, the rise of a Maritime union movement, the necessity to extend a territory for agriculture. This, all together, created unique situation when the British North colonies received the opportunity to create new nation is known as “the Dominion Canada” [Riendeau 156].
Let’s look what were the main reasons for that.
1. External Factors.
1.1 British impact.
1.1.1 The change of trade politics. In 1846 The Britain repealed the Corn Laws, which provided extremely strong support for the trade between Britain and the British colonies. Since that time Canada did not have advantages in trade with Britain, what highly reduced export from Canada and pushed the Government to find new trade destination. Obviously the easiest and, I guess, most profitable way was the trade with

Similar Documents

Premium Essay

Pros And Cons Of Canadian Confederation

...The centennial of Canadian Confederation in 1976 generated greater interest within Canada in constitutional matters, including reform. Such reforms could include improving safeguards of rights, as well as partition of the Constitution, which would have meant the British Parliament would no longer half to approve constitutional amendments. Trudeau became Liberal leader and Premiere in 1968. He still very much wanted a constitutional bill of rights. The federal government and the provinces discussed creating one during negotiations for partition, which resulted in the Victoria Charter in 1971. It wasn’t ever implemented. However Trudeau continued with his efforts to patriot the Constitution and promised constitutional change during the 1980...

Words: 300 - Pages: 2

Free Essay

Confederate Government

...Totshea Thomas Prof. Lisa Ramos History 1301 4/07/2016 One of the biggest reason the confederation government faced so many problems was because they were trying to pay down the large war debt while incurring more det. One of the main reasons was because of the large amount of debt that incurred and the more debt that was being added to the mountains of debt the states already faced. One reason we can say the money was an issue because while waiting on the peace treaty it is stated that the soliders became angry about military payrolls. Its also stated in the “American Promise, That there was an promise to officers for generous pensions (half pay for life)”. So how can you expect someone to fight for a government who can’t afford to pay them for all their hard work. We have to think in today’s society military men and women get paid around $2.15 cents an hour. So I am pretty sure it was even more less then. They don’t get sick leave, vacation they have to leave their family and friends for months and sometimes years at a time and now because of the decisions that the government has made by going to war with many different countries has caused the national debt to increase. Now with that debt increasing that promise that was made is no longer holding up. So this country has gone into debt now soliders can’t take care of their families. It is stated that the rich get richer and poor get poorer. In this case the congress the “Paper pushers” make all the money, make all...

Words: 420 - Pages: 2

Free Essay

Hovey and Beard

...Canadian Regions | | Canadian Dishes | Pacific | Mountain | The Prairies | Ontario | Quebec | Atlantic | Northern | | Smoked Salmon | X | | | | | | | | Smoked goldeye | | | X | | | | | | Saskatoon berry jam | | X | X | X | | | | | Pancake topping | | | | X | X | X | | | Flipper pie | | | | | | X | X | | Fish and brewis | | | | | X | X | | | Dulse crisps | | | | | | X | | | Cedar-Plank Salmon | X | | | | | | | | Caribou stew | | | | X | X | X | X | | Boiled fiddleheads | | | | X | X | X | | | Bakeapple Pie | | | | | X | X | | Dishes in Canada | Inuit bannock fried bread  | | Calgary-style Ginger Beef  | | Oka cheese  | | Montreal smoked meat sandwich  | | Fish and brewis: salted cod and hard tack  | | Canadian peameal bacon  | | Poutine is made with french fries, curds and gravy.  | | Rappie pie: grated potatoes and meat casserole.  | | Oreilles de crisse: Deep fried pork skin and fat  | | Bacon from the Yukon  | | Clothes in Canada This will depend with the weather whereby if it is in winter you will wear heavy clothes because it is very cold and if it is in summer you can wear light clothes. For winter For Summer List of parties in Canada 1. Political parties in pre- Confederation Canada‎ 2. Canadian politicians by party‎ 3. Communist parties in Canada‎ 4. Conservative parties in Canada‎ 5. Defunct...

Words: 257 - Pages: 2

Free Essay

Hie 208 4-1-1

...HIE 208 – Canadian Military History Assignment 4-1-1 Canadian Armed Forces at the Outbreak of War in 1939? Lessons Learned and Relearned from Great War Royal Military College of Canada (RMC) To discuss the condition of the Canadian Armed Forces prior to the outbreak of World War II we must first look at the political climate, culture and economy leading up to 1939. During this time Canada was in a policy of Isolationism after recovering form the massive loss of life in the Great War.1 An anti-war sentiment stemmed from the war time losses of over 60,000 Canadians – great losses for a country with only 8 million people at that time. This Isolationist policy was further strengthened by closer economical ties with the United States who were investing heavily in Canada and providing markets for Canadian exports. Nevertheless, the economy was devastated during the Great Depression and importance was placed on saving the economy and not developing the military. Therefore, with the average Canadian having a bad image of the Great War and an economy on the verge of collapse the Canadian Armed Forces in 1939 was in a sorry state, much similar to its state prior to the Great War and many lessons had to be relearned. Canada had to relearn its preparedness, conscription and technology lessons all over again. It is clear to see that the military situation...

Words: 1012 - Pages: 5

Free Essay

Hist 250

...Assignment 2 CANADIAN HISTORY: THE NATIONAL PERIOD Canada have always have taken pride in the fact that it is the land of multicultural and opportunity. Historically, those who had opposed or hated found sanctuary in the Canada. The tradition of pluralism that have began in the colonial era, continued through the nineteen century and on. People from Europe, Asia and Africa viewed Canada as Land of Opportunity, away from tranny and oppression. This however changed as nation moved in to late nineteen century and early twenty century. There was resistance against immigrants and World War I, definitely did not help due to both the social and economical issues that arose with increase of immigration, the Canadian government became involved in limiting immigration, based on their racist belief of white supremacy and other factors. The Chinese Immigration Act, 1923 is one of the documented law mirror the measures taken by Parliament of Canada banning most forms of Chinese Immigration of Canada.  During the year between 1880- 1925 great tension aroused in Canadian because if immigration. Those tension mainly due to racism and unsatisfied workers that felt that immigrants were taking over the Canadian work environments and policies led to increasingly stricter government regulations on immigration. During the late 19 Century the some 15,000 laborers were brought from China to do construction work on the Canadian Pacific Railway, though they were only paid a third...

Words: 1453 - Pages: 6

Premium Essay

Week 1 Assigment

...Week 7 Assignment: Salem Manufacturing Directions For this assignment, you’ll read about Salem Manufacturing and answer the question that follows. This assignment is due at 11:59 p.m. on the seventh day of Week 7. Grading Criteria Use the following criteria to guide your work for your Week 7 assignment. Tasks | Target: | Week 7 Assignment: Salem Manufacturing | This assignment will be graded by a key provided by the instructor. Weekly assignments are worth 40 percent of your final grade, with the instructor taking the best four scores out of the five weekly assignments. (10 points) | Hedging using Foreign Currency Derivatives Shiela Penny is the Chief Financial Officer [CFO] of SALEM Manufacturing, a U.S. based manufacturer of gas turbine equipment. She has just concluded negotiations for the sale of a turbine generator to Crown, a British firm for One million pounds. This single sale is quite large in relation to SALEM’s present business. SALEM has no other current foreign customers, so the currency risk of this sale is of particular concern. The sale is made in September with payment due three months later in December. Shiela Penny has collected the following financial market information for the analysis of her currency exposure problem: Spot Exchange rate: $1.5640 per British pound. 1,000,000 x 1.5640 = 1,564,000 Three month forward rate: $1.5549 per pound 1,000,000 x 1.5549 = 1,554,900 SALEM’s cost of capital: 16% U.K...

Words: 845 - Pages: 4

Premium Essay

Chapter 5 & 6

...Chapter 5 1. S=K (YZ) P A. K=100 Y=11,000 Z=1,200 P=20,000 B. Y,S,Z,P C. K. Use regression to estimate K. Log S=logK + logY + logX – logP To find the antilog of K, use the exponential logK. 5. Use Excel. Fill in the numbers. Look under 5 year moving average. Click on exponential smoothing tab. Look at the smoothing factor. Look at MSE for each mean squared errors. Use the MSE to choose the one that will give you the best focus and that would be the one with the smallest MSE. 6. A. Qd=18,000 + 0.4 (15,000) - 350 (50) + 90 (55) = 11,450 B. Qd = 18,000 + 0.4 (15,000) -350 (50) + 90 (50) = 11,000 Expected sales will fall when competitors reduce price. C. .7 (15,000) = 10,500 Qd = 18,000 + 0.4 (10,500) – 350 (50) + 90 (55) = 9,650 is the focus 9. Quarter 1, 2010 T=32: D11 = 1D21 = 0D31 = 0 Y = 8.25 + .125 (32) -2.75 (1) +.25 (0) + 3.5 (0) = 5.75 Chapter 6 2. Cummins could have established Internal Edges by setting up off setting payables in foreign currencies. As the dollars appreciates, these will become cheaper. As the dollar appreciates with price increase sales and revenue will decrease. It will be offset by the dollar falling cost for...

Words: 344 - Pages: 2

Free Essay

Video Game Industry-Interest Rate

...many decades, the Canadian dollar has been lower compare to the United States. This has its advantages and disadvantages for the video game industry in both countries. An advantage for the Canadian video game industry it is a disadvantage for US video game industry. Therefore, advantage for US video game is a disadvantage for Canadian Video game industry. For instances an advantage for Canada video game industry, the industry will experience a tremendous high inflow of American customers buying Canadian video games; meaning Canadian video game is constantly selling their products. Therefore, Canadian companies are doing better because in order for a company to be better off; the company’s accounts receivable and inventory turnover ratio must be higher and days to sell must be lower. This is a disadvantage for US because their dollar is worth more, but Canada is getting high inflow of tourist from US because of higher US exchange rate, as a result those tourists expend lots of revenue on Canadian goods and services. Since Canada is one of the biggest exporters in the world, an advantage for the US is that, the exports sales converts into larger amount in Canadian dollars (which is a disadvantage for Canada); meaning US production cost is lower in Canadian dollars. The Exchange rate changes all the time, an increase in Canadian dollar may also have its advantages and disadvantages for companies in general in Canada “As part of a globalized industry, a given Canadian publisher or developer...

Words: 299 - Pages: 2

Premium Essay

Business Plan

...reflect? ANSWER ($1.66 – $1.73)/$1.73 = –4.05% Therefore the Expected depreciation is 4.05 percent Q2.Assume that the U.S. inflation rate becomes high relative to Canadian inflation. Other things being equal, how should this affect the (a) U.S. demand for Canadian dollars, (b) supply of Canadian dollars for sale, and (c) equilibrium value of the Canadian dollar? ANSWER: If U.S inflation rate becomes high relative to Canadian dollars then the demand for Canadian dollars should increase, supply of Canadian dollars for sale should decrease, and the Canadian dollar’s value should increase. Q3. Assume U.S. interest rates fall relative to British interest rates. Other things being equal, how should this affect the (a) U.S. demand for British pounds, (b) supply of pounds for sale, and (c) equilibrium value of the pound? ANSWER: If U.S interest rates fall relative to British interest rate then the demand for pounds should increase, supply of pounds for sale should decrease, and the pound’s value should increase. Q4. Assume that the U.S. income level rises at a much higher rate than does the Canadian income level. Other things being equal, how should this affect the (a) U.S. demand for Canadian dollars, (b) supply of Canadian dollars for sale, and (c) equilibrium value of the Canadian dollar? ANSWER: Assuming no effect on U.S. interest rates and if U.S income level rises at a much higher rate, then demand for dollars should increase, supply of dollars for...

Words: 800 - Pages: 4

Free Essay

Executive Summary

...Scott Denham Deadbolt Project Executive Summary My name is Scott Denham. I am 29 years old and I grew up in Oregon. My background goes to early childhood, when I was very curious about finding out the way things work. As a young boy I would get watches for Christmas and tear them apart to see what was inside and how it worked. Later in life it was helping my father, who was a young engineer, tearing apart a transmission on a 1976 Honda Civic, CVCC, just to be around that. As I grew older I began racing motocross, and I was my own mechanic. I learned by practice what was inside an engine and how it worked. At age 18 I began chasing after adrenaline. The next step in my quest for a rush was skydiving. After a few years of skydiving I joined the industry working for Velocity Sports building container and harness systems for skydiving. I began coming up with ideas for new invention and dreamed of creating my own when that day came. I joined the army shortly after this and spent a few years in combat arms before deploying and eventually leaving the army. Upon leaving the army I came back to Oregon where I grew up to get an education and do something with my life. I began dating a woman, who shortly after we began dating had her deadbolt picked on her door and a man gained access to her home. When we discussed the incident with the management at the apartment complex, she suggested a deadbolt that did not have an outside face with a key slot. We said ok, lets get this done. She...

Words: 1473 - Pages: 6

Free Essay

Tip Jar Journal

...Alyssa Pimentel English 1301-232 Ms. Bullard October 20th 2013 Journal 2 – Tip Jar There are many dollars out there but none of them have the same serial number as me, That is why I am unique. Luckily I am not very old, only a couple years old. I have had plenty of homes in my short lifetime. I have almost been caught in a fire, I almost even drowned once. But the day I was finally taken out of the tip jar was the greatest adventure I have ever had. December 30th 1999, I was taken out of an old rusty can tip jar. As I was being stuffed into an envelope I screamed in excitement! “I’ll never have to smell this old bar again.” After being stuffed into the envelope I was thrown into a box, which was eventually tossed into the back of a plane. I thought, “This is going to be a great journey!” The air was hot and musty in the cargo I was flying in. I wished there were other dollars like me to talk to, but all there was were old hundred dollars bills and a couple of checks. The old hundred dollar bill seemed way to high class, hence he didn’t speak to me once, and dollar bills never dare speak to checks. So there I was, all alone in long, hot, boring plan ride. The sun was blazing when a ten year old took me out of his envelope. I lasted about twenty minutes in the hands of this child before I got completely drenched in ice cream. I was handed to an old man immediately after suffocating in ice cream. I was placed into a very old register, it smelt quite...

Words: 883 - Pages: 4

Premium Essay

It240 Week 6 Assignment

... | | |X |Is the problem description clear, concise, and accurate? | | | |X |Are the inputs to the program identified? | | | |X |Are the outputs to the program identified? | | | |X |Does the test input result in the expected output? | | List of Defects Identify defects by checklist number and observed error, but do not include any corrective action. Display Menu Test Test #1: Valid Menu Selection = Canadian Dollars Inputs: Menu Selection = 1 Expected Output: “Do you want to continue with the conversion, Y = Yes, N = No” Currency Type = 1 Test #2: Invalid Menu Selection = Error Inputs: Menu Selection = 7 Expected Output: “Error 4: Invalid menu selection” Start program over...

Words: 399 - Pages: 2

Premium Essay

Management

...Currency Swaps 5390 (JPY-INR) Interest rate and foreign exchange risk. Arvind Mills Forward Contracts 152.98 ($-INR) 2.25 (GBP-INR) 5 (INR-$) 703.67 21.88 Option Contracts 1 2 2.5 ($-INR) 547.16 Most of the revenue is either in dollars or linked to dollars due to export. Infosys Forward Contracts 119 ($-INR) 529 Options Contracts Range barrier options 4 ($-INR) 8 (INR-$) 2 ($-INR) 3 (Eur-INR) 18 36 971 Revenues denominated in these currencies. Tata Consultancy Services Forward Contracts 15 (Eur-INR) 21 (GBP-INR) 265.75 Option Contracts 8 3 0 ($-INR) 47.5 (Eur-INR) 76.5 (GBP-INR) 4057 Revenues largely denominated in foreign currency, predominantly US$, GBP, and Euro. Other currencie include Australian $, Canadian $, South African Rand, and Swiss Franc Ranbaxy...

Words: 354 - Pages: 2

Premium Essay

Trading

...When it comes to FX trading, traders have two sets of currencies that come in a pair. The fluctuations in the exchange rate between these two currencies are where a trader looks to make profit on the Exchange Market. If trader believes that the foreign currency will appreciate against the USD, the trader’s profits will rise with every increase in the exchange price. However if the foreign currency were to fall against the dollar, than the trader would take a loss. Seems simple enough, however traders have option to buy or sell that foreign currency at any time and can go both ways of the currency. So even if the foreign currency were to depreciate against the USD, the trader can still make a profit if they were to sell the dollar on the exchange market. To bring some clarity lets take a look at the Yen. If the Yen were appreciate (rises) against the dollar. A trader would than buy the Yen. By buying the Yen the buyer is also selling the dollar on expectation that the exchange price of the Yen will rise in value. The trader will than decide to close the position, selling the Yen with the exchange price higher than when they first bought it leaving them an increase in value or profit. Now if the Yen were to depreciate against the dollar, the YEN/USD exchange price will fall. That would than leave the trader with a loss as the exchange price falls below their purchase level and leave them a loss. In any trading market, the traders have the option of buying or selling currency...

Words: 860 - Pages: 4

Premium Essay

Visit Cuba

...=========================================== When reporting a crime to local police, you should insist on receiving the Comprobante de Denuncia as confirmation that a report has been made. Police officers may speak only Spanish. Passports and Visas A valid Canadian passport is required for Canadians intending to visit Cuba. The passport must be valid for at least one month beyond the date of your expected departure from Cuba. Canadians must also carry a tourist card (or visa), or a business or student visa. The tourist card is generally provided by tour operators or airlines, or can be obtained from a Cuban government office in Canada in the case of privately organized flights. It can also be purchased at certain airports in Canada. Health Insurance Since May 1, 2010, travellers must present proof of health insurance in order to enter the country. Upon arrival, travellers may be required to present an insurance policy, insurance certificate, or medical assistance card valid for the period of their stay in Cuba. Those who do not have proof of insurance coverage may be required to obtain health insurance from a Cuban insurance company when they arrive. Temporary residents also have to hold valid health insurance policies. Although proof of Canadian provincial health insurance is sufficient for visitors to enter Cuba, your provincial plan may cover only part of the costs and will not pay the...

Words: 1524 - Pages: 7