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Article

Labour Market

The labour market is a generalized concept denoting the interaction between the supply (number of persons available for work) and the demand (number of jobs available) and the wage rate.

Article

Laurentian Thesis

 Laurentian Thesis, an influential theory of economic and national development set forth by several major English Canadian historians from the 1930s through the 1950s.

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Massey-Ferguson Limited

From its earliest days the company acquired the rights to innovative machinery, making agricultural history with the Toronto Light Binder during the late 19th century and in 1927 acquiring the Wallis Tractor.

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MacMillan Bloedel Limited

MacMillan Bloedel Limited, with head offices in Vancouver, is Canada's largest forest-products company. It began in 1909 as the Powell River Paper Company Ltd, and it was reorganized as the Powell River Co in 1911.

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Bankruptcy

Bankruptcy is a legal process, governed by the Bankruptcy and Insolvency Act, that provides financial relief for debtors and a protection for creditors.

Article

Lottery

Lottery a centuries-old concept, is an arrangement for distributing prizes by lot, chance or mixed chance and skill.

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Made Beaver

Hudson's Bay Company found it necessary to devise a unit of value that would accommodate Aboriginal people's bartering to European bookkeeping methods

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Money in Canada

Money consists of anything that is generally accepted for the settlement of debts or purchase of goods or services. The evolution of money as a system for regulating society’s economic transactions represented a significant advancement over earlier forms of exchange based on barter, in which goods and services are exchanged for other goods or services. Canadian money has its roots in the Indigenous wampum belts of the East, the early currencies of European settlers and the influence of the United States.

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Maclean Hunter Limited

Maclean Hunter Limited was a diversified communications company, known primarily for publishing the news magazine Maclean's. As the largest publisher of national MAGAZINES and periodicals in Canada, its list included Flare, L'ACTUALITÉ and English and French editions of CHATELAINE.

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Gold Standard

The gold standard is a monetary system in which the value of the currency unit (the Canadian dollar, for example) is defined in relation to the value of gold.