Collectivism
As the social evils of industrialization and urbanization unfolded in the later 19th century, many Canadians saw the basic problem as an excess of individualism.
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Create AccountAs the social evils of industrialization and urbanization unfolded in the later 19th century, many Canadians saw the basic problem as an excess of individualism.
Reciprocity was a free trade agreement between the United States and Canada. It mutually reduced import duties and protective tariffs on certain goods exchanged between the two countries. It was in effect from 1854 to 1866 and was controversial at times on both sides of the border. It was replaced in 1878 by the Conservative Party’s protectionist National Policy. It involved levying tariffs on imported goods to shield Canadian manufacturers from American competition. A narrower reciprocity agreement was introduced in 1935 and expanded in 1938. However, it was suspended in 1948 after both countries signed the General Agreement on Tariffs and Trade (GATT).
Fowler Bauld & Mitchell Ltd. (FBM) is an architectural firm in practice since 1917, making it one of the oldest in Canada.
This article was originally published in Maclean’s magazine on April 10, 1995. Partner content is not updated.
Petro-Canada, created by the federal government in the mid-1970s as Canada's national oil company, was the offspring of the world energy crisis, Canadian ECONOMIC NATIONALISM, and a tradition of state-supported development of the country's costly energy frontier.
The following article is an editorial written by The Canadian Encyclopedia staff. Editorials are not usually updated.
SOME COUNTERFEIT MONEY is easy to spot. A veteran RCMP officer recalls once seeing a particularly lame bill photocopied in black and white, then coloured in with crayons.
Global Affairs Canada (GAC) was originally founded as the Department of External Affairs in 1909 by Prime Minister Sir Wilfrid Laurier. The operations, mandate and title
of the department have evolved over the years. Although legally incorporated as the Department of Foreign Affairs, Trade and Development, its public designation since 2015 has been Global Affairs Canada. The department is responsible for overseeing
Canada’s international engagement, including diplomatic relations, providing consular services, promoting international trade and international law, and leading Canada’s international development and humanitarian assistance.
When the federal task force on the future of financial institutions released its anxiously awaited report last week, there was no special delivery to the top floors of Bay Street's bank towers.
This article was originally published in Maclean’s magazine on April 27, 1998. Partner content is not updated.
This time, Paul Martin kept his cool. Last January, the Bank of Montreal and Royal Bank announced plans to merge and create one superbank, with assets of $453 billion.Mining is one of Canada’s primary industries and involves the extraction, refining, and/or processing of economically valuable rocks and minerals. Mineral products (including gold, silver, iron, copper, zinc, nickel) are critical to modern industrial society. Although mining has been key to Canadian settlement and development, in recent decades the industry has also been criticized for its environmental and social impacts. Canada remains one of the world’s leading mining countries and has become a centre of global mining finance and expertise.
In the future, when investors and consumers ask themselves when everything changed in the telecommunications industry in Canada, they'll invariably look back on this last week of June.
In 1841, Britain united the colonies of Upper and Lower Canada into the Province of Canada. This was in response to the violent rebellions of 1837–38. The Durham Report (1839) laid out the guidelines to create the new colony with the Act of Union in 1840. The Province of Canada was made up of Canada West (formerly Upper Canada) and Canada East (formerly Lower Canada). The two regions were governed jointly until Confederation in 1867. Canada West then became Ontario and Canada East became Quebec.
In 1841, Britain united the colonies of Upper and Lower Canada into the Province of Canada. This was in response to the violent rebellions of 1837–38. The Durham Report (1839) laid out the guidelines to create the new colony with the Act of Union in 1840. The Province of Canada was made up of Canada West (formerly Upper Canada) and Canada East (formerly Lower Canada). The two regions were governed jointly until Confederation in 1867. Canada West then became Ontario and Canada East became Quebec.
Economic relations between Canada and the US are of paramount importance to Canada.
WAWA, ONT., is a town known to cross-country hitchhikers as a cursed spot. They say you can be marooned here for days, dusty and morose on the side of the TransCanada, waiting for a lift.
Nationalization is the takeover of ownership and control of a privately owned enterprise by the STATE.
This article was originally published in Maclean’s magazine on February 9, 1998. Partner content is not updated.
When he arrived at his Calgary office last Nov. 11 after unveiling a plan to split Nova Corp.'s pipeline and petrochemical operations into separate companies, CEO Ted Newall received an urgent message from his counterpart at TransCanada PipeLines Ltd.Barter is the exchange of one commodity or service for another without the use of money as a medium of exchange. A barter agreement (also called "countertrade") among countries calls for the exchange of stated amounts of goods.
Macroeconomics is a field of economics that studies economic behaviour in the aggregate, or as a whole. It investigates economic issues such as employment, national income, price inflation and international trade. By contrast, microeconomics studies the behaviour of individuals and firms in allocating scarce resources.
Macroeconomics emerged in the 1930s as a separate field largely in response to the Great Depression. Macroeconomists often use aggregate measures to study the structure and behaviour of the entire economy. Some of those measures include gross domestic product (GDP), unemployment rate, interest rates, economic growth rates and price indices (see Consumer Price Index). This branch of economics is closely tied to government policy, especially fiscal policy (government spending with the aim of stimulating the economy) and monetary policy (policies related to the supply of money). Developments in macroeconomic theory often affect the monetary policies of central banks, such as the Bank of Canada and the United States’ Federal Reserve, that in turn have an impact on the cost of living and economic stability around the world.