How much money did Canada make in World War 1?

Answer 1

During World War I, Canada significantly boosted its economy through war production and exports, with estimates suggesting that the country's war-related industries generated around $2 billion in revenue. The government borrowed heavily and raised funds through war bonds, which also contributed to the economy. Although Canada did not "make money" in a conventional sense, the war effort led to increased industrialization and economic growth in the long term. Ultimately, the financial impact was complex, involving both costs and economic benefits.