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Article

Service Industry

As Canada's population has grown and its economy has expanded, and as the goods-producing sector has increased its efficiency and productivity, there has been a steady growth in the share of the working population employed in the service sector.

Article

Royal Trustco Ltd

Royal Trustco Ltd, with head offices in Ottawa, was a Canadian holding company incorporated in 1978 to become the parent of the Royal Trust group of companies. It carried on trust, financial, real-estate and deposit services in over 100 branches in Canada, the US and overseas.

Article

Rupert's Land

Rupert’s Land was a vast territory of northern wilderness. It represented a third of what is now Canada. From 1670 to 1870, it was the exclusive commercial domain of the Hudson’s Bay Company (HBC) and the primary trapping grounds of the fur trade. The territory was named after Prince Rupert, the HBC’s first governor. Three years after Confederation, the Government of Canada acquired Rupert’s Land from the HBC for $1.5-million. It is the largest real estate transaction (by land area) in the country’s history. The purchase of Rupert’s Land transformed Canada geographically. It changed from a modest country in the northeast of the continent into an expansive one that reached across North America. Rupert’s Land was eventually divided among Quebec, Ontario, Manitoba, Saskatchewan, Alberta and the Northwest Territories.

Article

Recession in Canada

A recession is a temporary period of time when the overall economy declines; it is an expected part of the business cycle. This period usually includes declines in industrial and agricultural production, trade, incomes, stock markets, consumer spending, and levels of employment. In purely technical terms, a recession occurs when two or more successive quarters (six months) show a drop in real gross domestic product (GDP), i.e., the measure of total economic output in the economy after accounting for inflation. In this sense, recessions are broad and can be particularly painful and challenging times for a country.

Article

Reciprocity

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).

Macleans

Global Goes National

It was like a scene from Traders, Global TV's popular drama about life in Bay Street's fast lane. Only this time, the star of the show was Izzy Asper in the role of the shrewd and stubborn chief executive.

Article

Woven Textiles

Canada has a rich history of weaving stretching back to the precontact Indigenous peoples and enriched by each succeeding wave of immigrants.

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Sidbec-Dosco (Ispat) Inc

Sidbec-Dosco (Ispat) Inc, a wholly-owned subsidiary of Ispat International group, has its principal steel mill in CONTRECOEUR, and its head office in MONTRÉAL, Québec. Sidbec-Dosco is Canada's fourth largest steel producer.

Article

Shopping Centre

A shopping centre is a group of retail and service establishments built and managed as a unit, having one or more major "anchor" tenants and its own large parking area. Two American prototypes were Market Square, Lake Forest, Ill (1916), and Country Club Plaza, Kansas City, Mo (1922).

Article

Stagflation

Stagflation, the combination of high unemployment and high rates of INFLATION. Prior to the late 1960s, variations in economic activity were caused primarily by "demand shocks" (fluctuations in aggregate demand or total expenditure).

Article

Small Presses

Traditionally the difference between small press publishers and trade publishers has been one of scale, purpose and ideology. Trade publishers are entrepreneurs with large operations, comprising many departments and geared to market books that will be profitable.

Article

Soft-Drink Industry

The soft-drink industry comprises companies that manufacture nonalcoholic beverages and carbonated mineral waters or concentrates and syrups for the manufacture of carbonated beverages.

Article

Shell Canada Limited

Shell Canada Limited is an integrated energy resource company with head offices in Calgary. Active in Canada since 1911 (Dominion incorporation, 1925), the company is involved in natural gas and petroleum, petrochemicals and refined oil products, and alternative fuels research.

Article

Southam Inc

Southam Inc was created in 1904 by William SOUTHAM. Several papers were owned by Southam Inc, including The Calgary Herald, The Edmonton Journal, The Ottawa Citizen, The Vancouver Province and the Winnipeg Tribune.

Article

Statistics

Statistics is the science concerned with the collection and analysis of numerical information to answer questions wisely. The term also refers to the numerical information that has been collected. Statistics has many applications in Canada, from government censuses and surveys, to decision making in industry, to medical research and technological innovation.

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