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Maple Syrup Industry

Canada is the world’s leading producer and exporter of maple products, accounting for 71 per cent of the global market. In 2016, Canadian producers exported 45 million kg of maple products, with a value of $381 million. The province of Québec is by far the largest producer, representing 92 per cent of Canadian production. Maple syrup and maple sugar products are made by boiling down the sap of maple trees. World production of maple syrup and sugar is mainly limited to the Maple Belt, the hardwood forest stretching from the midwestern United States through Ontario, Québec and New England and into New Brunswick, Nova Scotia and Prince Edward Island; however, British Columbia, Manitoba and Saskatchewan also produce some syrup.

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Pacific Rim Trade Deal Takes Effect

The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) came into effect after being renegotiated due to the United States’ withdrawal from the deal in 2016. The free trade deal is expected to add $4.2 billion per year to Canada’s GDP and increase Canada’s annual exports to Japan by $1.8 billion. It is expected to be especially beneficial to Canada’s pork, beef and sugar industries, while Canada’s dairy and steel industries have been critical of the pact.

Article

The Great Depression in Canada

The Great Depression of the early 1930s was a worldwide social and economic shock. Few countries were affected as severely as Canada. Millions of Canadians were left unemployed, hungry and often homeless. The decade became known as the Dirty Thirties due to a crippling drought in the Prairies, as well as Canada’s dependence on raw material and farm exports. Widespread losses of jobs and savings transformed the country. The Depression triggered the birth of social welfare and the rise of populist political movements. It also led the government to take a more activist role in the economy.