POLI 243 Chapter Notes - Chapter 15: Clifford Sifton, Imperfect Competition
18 Apr 2013
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Tariffs became even higher after 1890, targeted more goods. Laurier leaned towards creating economic ties with the us . Negotiations between us and canada became successful on jan 26, 1911. Central canadian farmers, switching to dairy, realized selling milk domestically was more profitable than selling butter or cheese internationally. Exports declined. (sector divisions) it was asked if opening up to the us market meant also being subjected to us monopolies and trusts. Western millers, meat-packers and other sectors favored protectionism. Henry bourassa mobilized the qu bec nationalists against the liberals: wanted to prevent stronger ties with britain and protect small, labor intensive businesses. Economists arguing that laurier miscalculated by ignoring some sectors that were not part of the deal ie. pork farmers. Also, like sifton, some worried about unfairness of us market reaching. Canada with incredible low prices, causing imperfect competition. Even those who benefitted from free trade sided with tories for links to britain.
