MGMT 1030 Lecture Notes - Lecture 9: Canadian Dollar, Canadian Business, Avro Canada Cf-105 Arrow
8 May 2018
School
Department
Course
Professor
MGMT 1030
Lecture 9
Third Industrial Revolution (Canada)
- 1945 to Present
- Liberal Prosperity (1945 – 1957)
- Economic expansion
- No sharp economic downturn after war
- Increase in consumer spending
- Continued vitality of resource industries
- AB oil discoveries in 1947
- Growth in international trade
- Sharp growth in exports to US
- Increased presences of US investment in Canada
- Korean War stimulated the economy
- Growth in gov’t infrastructures
- Pipelines
- St. Lawrence Seaway
- Baby Bonuses
- Shift of trade orientation from Britain to US began during WW2 and
has continued ever since
- Conservative Interlude (1957-1963)
- Government of Diefenbaker plagued by economic problems
- UE, Inflation, Refinancing Wartime Debt
- Decline of the Canadian Aircraft Industry (Avro Arrow)
- Liberal Return (1945-1993)
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