Effects Of The Great Depression On Canada

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world, despite the fact that the 1928 supply of wheat was still
available in 1929.

A good reason for the stock market crash in 1929 was that,
the values of stocks of the New York Stock Exchange were
grossly over-valued, but government and business appeared to
ignore the signs. 2

Canadian revenues that came in from export sales were dependent
largely upon the United States who had the money for growth; the
commodities were grain, pulp and paper and metals. Then when the New York
crashed on October 1929, stock prices fell dramatically. When the stock
market crashed, the Canadian economy suffered after the United States
invoked high tariffs to shut out Canadian goods. In the Prairie provinces
of Canada, in addition to economic depression was the effect of the nine
years of drought and crop failures.

When the Great Depression plagued Canada, the country was not ready
for it; there are three main reasons why:

1) Seasonal unemployment was ...

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to the downfall of the
Prairie provinces in the first few years of the Great Depression. In 1934,
soil began to blow in mid June and destroy gardens and crops and cause the
cancellations of many fairs in the villages across the southern plains. In
1936, it was the coldest winter with blizzards contributing to chilling
records and also events where people froze to death. During the summer of
1936, it was the longest and hottest summer. Temperatures reached one
hundred degrees Fahrenheit regularly and also caused a few deaths. The
drought and high winds caused desert-like conditions to spread over the
Prairies. "In May and June of 1937 the weather ended up being hotter,
drier, ...

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