How did the Great Depression affect the lives of Canadians?

Answer 1

The Great Depression was an international phenomenon. It's not as if there were different causes in different countries. So, the real answer to the question is something like, 'Because the rest of the developed world was experiencing a severe depression'.

Answer 2

Some causes of the Great Depression was the Stock Market crash (black tuesday), the dependance on the sale of exports, people being overly optimistic about the future, dependence on credit, overproduction & taxes, and the drought.

Answer 3

Canada suffered tremendously from the depression. GNP fell 40% largely because Canada's export economy was based primarily on commodoties which became of less need after WW2. This led to unemployment rates actually higher than in the U.S. (27 compared to 25). Aside from that political ideologies changed and the role of the national government became more important than before when the provincial governments were the primary regulating bodies.

Answer 4

Canada was hard hit during the depression because they depended on export sales to the United States, England and other countries. When businessmen in those countries lost all their money they could no longer conduct business with the Canadian businessmen. The Logging, farming and fishing industry suffered immensely.

Answer 5

The Great Depression in Canada began in 1929, due to the wheat market crash in 1928.

Answer 6

The Great Depression was severe in Canada because the economy of the nation was and is heavily dependent on the US. The Depression in the US was extraordinarily severe.

Answer 7

It almost killed us.

Answer 8

it started when the stock markets crashed