Economy and Labour
This timeline highlights moments related to economy and labour in Canadian history.
February 04, 1623
Seigneurial System Instituted
The feudal seigneurial system was instituted in New France, when Louis Hébert was granted the fief of Sault-au-Matelot, near Québec. The system was not abolished until 1854.
April 29, 1628
First Use of Plow
Guillaume Couillard-Lespinay, Louis Hébert's son-in-law, was the first person in Canada to use a plow.
August 18, 1634
Champlain's Last Words
Champlain wrote to Richelieu, his last words on record, reporting that he had rebuilt the ruins of Québec and had built an armed trading post at Trois-Rivières. He also noted that several new families had arrived in the area, giving him renewed hope for the survival of settlement in the area.
September 29, 1668
Nonsuch Reaches James Bay
Groseilliers and Zachariah Gillam sailed the ship Nonsuch into James Bay and built Fort Charles at the mouth of the Rupert River.
May 02, 1670
Hudson's Bay Company Founded
King Charles II of England granted a charter to Prince Rupert and his "Company of Adventurers of England trading into Hudson's Bay." The charter granted the company a monopoly of trade in the Bay and ownership of all lands drained by rivers flowing into the Bay. The HBC established an English presence in the Northwest and a competitive route to the fur trade centred on Montréal.
September 23, 1750
First Wage Fixing
A decree enacted at Halifax was the first instance of government wage fixing in Canada; labourers were to receive 18 pence per day and provisions.
April 24, 1779
North West Company Formed
The North West Company was formed in Montreal, with 16 shares.
November 05, 1804
XY and NWC Unite
The fur-trading XY and North West companies amalgamated.
June 23, 1810
Pacific Fur Company
The Pacific Fur Company, headed by New York fur dealer John Jacob Astor, was established to trade furs in the Northwest and on the Pacific Coast.
November 03, 1817
Bank of Montreal Founded
The first permanent bank in British North America, the Bank of Montreal, was founded. It became a source of commercial loans and credit for the growing Canadian economy.
March 25, 1820
Bank of New Brunswick
The Bank of New Brunswick was incorporated, and was the first in the colony.
March 21, 1821
Fur Empires Merge
Agreement was reached to merge the North West Company and the Hudson's Bay Company as of June 1, effectively ending the fur trade out of Montréal and creating a near monopoly of the fur trade in British North America.
April 21, 1821
Bank of Upper Canada
The Bank of Upper Canada was incorporated at York (Toronto).
January 01, 1823
NS Issues Coinage
Nova Scotia became the first colony to issue coinage.
January 28, 1832
Commercial Bank Incorporated
The Commercial Bank was incorporated in Upper Canada.
March 30, 1832
Bank of Nova Scotia Incorporated
The Bank of Nova Scotia was incorporated.
June 27, 1844
Banque du Peuple Incorporated
Le Banque du Peuple was incorporated at Montréal.
January 13, 1849
HBC Leases Vancouver Island
A British lease gave the Hudson's Bay Company exclusive trading rights on Vancouver Island. The company leased the island for 7 shillings a year.
June 26, 1849
British Navigation Acts
The British Navigation Acts were repealed by Britain in a move towards free trade. The acts were considered a burden in Canada.
October 24, 1852
Toronto Stock Exchange
The Toronto Stock Exchange opened.
April 16, 1853
First Locomotive Built in Canada
The Toronto Locomotive Works completed the "Toronto", the first locomotive built in Canada.
February 28, 1857
First Oil Production
The world's first commercial oil production began at Petrolia, Ont, 2 years before the first well in the US.
December 28, 1857
Crown Controls Mineral Rights
Governor James Douglas of Vancouver Island proclaimed the Crown's control of mineral rights on the mainland to ensure it remained under British control after American gold seekers began to descend upon the Fraser River.
May 30, 1858
Hudson's Bay Co Charter Revoked
The Hudson's Bay Co charter to what is now mainland British Columbia was revoked.
August 17, 1862
Largest Strike of Cariboo Gold Rush
The largest gold strike of the Cariboo Gold Rush was discovered on Williams Creek in the Cariboo region of BC.
May 19, 1864
The Tenant League, a militant agrarian movement, was formed in Charlottetown, PEI. It advocated the sale of lands by estate owners to the farmers in actual occupation.
March 17, 1866
US Ends Reciprocity
The US ended reciprocity (free trade) with Canada.
October 01, 1867
Incorporation of the Moosehead Brewery
Moosehead Brewery was incorporated on 1 October 1867, in Nova Scotia. On paper, John Oland was manager of the business, but in reality, his wife Susannah Oland oversaw virtually every aspect of the operation
s. She supervised the brewing process, undertaken with the help of her three sons. It all started when Susannah supplemented the family income by making beer in their shed, using an old family recipe.
May 15, 1872
Nine-hour Day March
Demand for a 9-hour day began on a march in Hamilton, Ont, and spread across Canada, the first unified labour protest in Canada.
October 01, 1876
First Wheat Shipped
The first western Canadian wheat was shipped to Ontario.
March 14, 1879
National Policy Takes Effect
Sir John A. Macdonald's National Policy of protective tariffs came into effect with Tilley's Tariff, averaging 25 per cent on US goods.
September 01, 1879
First Trade Union
The first trade union to be legalized in Canadian coal mines was the Provincial Workmen's Association, organized at Springhill, NS.
September 01, 1882
John Ware Comes North
Black cowboy John Ware helped to bring 3,000 head of cattle to the foothills southwest of Calgary. He remained and worked for several of the large cattle companies before starting his own ranch.
March 25, 1886
Workman's Compensation Act
The first Workman's Compensation Act was passed in Ontario.
August 08, 1887
Vancouver Lights Up
The Vancouver Electric Illumination Society (later, BC Hydro) started up its steam-powered generating plant - and 300 streetlights went on.
February 07, 1888
Vancouver's Oldest Union Founded
Vancouver's oldest union, Local 226 (Vancouver) of the International Typographical Union, received its charter.
September 03, 1894
Labour Day Celebrated
Labour Day was celebrated nationally for the first time in Canada. The international celebration was inspired by yearly festivities held in Toronto.
September 06, 1897
Crow's Nest Pass Agreement
By the Crow's Nest Pass Agreement, the CPR was given a cash subsidy of $3.3 million, in exchange for reducing rates on grain and flour.
May 04, 1898
Prospectors Arrive in Portland Canal, BC
The first prospectors arrived in Portland Canal, from Seattle. The first gold stakes were claimed the following year, which ultimately led to the establishment of the town of Stewart, BC.
January 26, 1900
Niagara Hydro Approved
The Niagara Parks Commission approved a plan to build a massive hydro-electric generating station on the Canadian side of the Niagara River.
July 08, 1900
Fraser River Fishermen's Strikes
Fishermen for 47 salmon canneries on the lower Fraser River struck for a season-long, 25-cent minimum price.
August 14, 1903
World's Richest Vein of Silver
A claim was filed for what turned out to be the richest silver vein in the world, at Cobalt, Ont, by railway workers. By 1906 there were thousands of prospectors working the area but the boom subsided only 3 years later.
May 14, 1906
Ontario Hydro Created
The Hydro-Electric Power Commission of Ontario was created, with Adam Beck as chairman. It was the first publicly owned electric utility in the world.
January 01, 1907
Charles Saunders Develops Marquis Wheat
Charles Edward Saunders completed the development of Marquis wheat, a fast-maturing variety suited to the Prairies. It was first distributed to farmers in 1909 and greatly extended the area in which wheat could be grown. By 1920 it comprised 90% of the wheat grown on the Prairies.
September 06, 1910
Newfoundland Regulates Fishery
An international tribunal ruled that Newfoundland may regulate fisheries used not only by Newfoundland fishermen, but also by Americans and Canadians.
October 11, 1910
First Long-distance Transmission
An Ontario Hydro transmission line brought Niagara Falls-generated electricity to Berlin (Kitchener), Ont, the first long-distance transmission of electricity in Canada.
March 12, 1912
Fraser River Railway Strikes
Railway workers organized by the Industrial Workers of the World (IWW) walked out of construction camps on the Canadian Northern line to protest conditions.
September 16, 1912
Vancouver Coal Strike
Miners at Cumberland declared a "holiday" to protest the firing of Oscar Mottishaw. Canadian Collieries locked them out and hired Chinese and recruits from Britain and the US as strikebreakers.
May 14, 1914
Oil Discovery at Turner Valley
A major oil discovery at Turner Valley, southwest of Calgary, ushered in the oil age in Alberta.
January 01, 1917
Income Tax Introduced
The Income War Tax Act introduced the first income tax in Canada.
March 13, 1919
One Big Union
The Western Labour Conference of four western provinces agreed to form the One Big Union.
May 01, 1919
Sympathy Strike In Alberta
Two thousand workers in Edmonton and Calgary went on strike in support of the strikers in the Winnipeg General Strike.
May 15, 1919
Winnipeg General Strike Begins
The Winnipeg General Strike began when the Winnipeg Trades and Labor Council called a general strike in sympathy with the strikers of May 1. The strike exposed the bitter class divisions in Canadian society and lasted seven weeks.
June 06, 1919
Canadian National Railways Incorporated
Canadian National Railways was incorporated. It became the longest railway system in North America, controlling more than 50 000 km of track in Canada and the US.
August 17, 1923
The Home Bank of Montreal failed, the first chartered bank to do so since the Farmer's Bank in 1911.
October 08, 1923
The 1400 members of the International Longshoremen's Association (ILA) in Vancouver struck for higher wages.
June 26, 1925
A violent confrontation between police and strikers effectively ended the strike of the miners in Drumheller, Alta.
November 28, 1925
Eaton's Parade (Montreal)
Eaton's held its first Christmas parade in Montréal, with 1100 children participating. The parade route ran from Saint Joseph Blvd to the store on Sainte Catherine Street. It became an annual event and was held on the third Saturday of November until 1968.
January 19, 1926
Death of Charles Johnson
Charles Gardiner Johnson, known as "the father of Vancouver's shipping industry," died at Vancouver. He arrived in Vancouver broke in 1885 and worked as a labourer.
July 01, 1926
Canada Back on Gold Standard
Canada was restored to the gold standard.
October 29, 1929
On Wall Street, over 16 million shares were sold, up almost four million from Black Thursday's unprecedented totals just five days before. The Dow Jones Industrial Average plummeted, eliminating a strong year's gains, and the investment giant Goldman Sachs was reduced to barely 50 per cent of its worth the night before. The Great Depression of the 1930s followed.
November 13, 1929
Second Stock Market Crash
A second stock market crash hit Canada.
May 16, 1930
LaBine Finds Uranium
Prospector Gilbert LaBine discovered pitchblende, the chief source of uranium and radium, at Great Bear Lake, NWT.
September 08, 1931
Coal miners at Estevan, Sask, went on strike for union recognition. On September 29 three strikers were killed in a clash with the RCMP.
September 14, 1933
Strike in Stratford, Ont
Furniture workers and meat packers went on strike in Stratford, Ont. Troops and armoured cars were moved into the town on September 27.
June 11, 1934
Strike in Flin Flon
Miners in Flin Flon, Man, went on strike.
March 11, 1935
Bank of Canada Opens
The Bank of Canada began operations.
April 04, 1935
First Silver Dollar
Canada's first silver dollar coin was minted, to be released to the public on May 1.
April 23, 1935
Riot Act Read in Victory Square
Vancouver's mayor Gerry McGeer read the Riot Act in Victory Square to disperse a large crowd of protesting unemployed.
June 18, 1935
Battle of the Ballantyne Pier
Mounted police charged 1000 longshoremen in Vancouver during a strike lockout in the "Battle of the Ballantyne Pier."
August 31, 1935
Closure of Anyox Mill
The mill at Anyox on the north coast closed. The silver, gold and copper mine had ceased operations a month earlier and Anyox became a ghost town.
April 08, 1937
More than 4000 workers of the huge General Motors plant in Oshawa, Ont, struck. GM accepted many of the union's demands, without recognizing the union.
August 20, 1937
1500 millworkers and longshoremen along the Miramichi River in northern New Brunswick struck at 14 lumber firms for increased wages.
May 20, 1938
Relief Workers' Strike in BC
Unemployed members of the Relief Project Worker's Union in Vancouver occupied the Hotel Georgia, the Vancouver Art Gallery and the central post office and began a sit-down strike.
June 19, 1938
A violent confrontation between protesters and the RCMP and city police erupted in Vancouver. Estimates indicate that 42 people were hospitalized, including five police officers, after a brutal fight between law enforcement and those protesting government cuts to unemployment relief camps earlier that year.
September 03, 1939
Wartime Prices and Trade Board
The Wartime Prices and Trade Board was established to control inflation and to ensure that social unrest did not interfere with the upcoming war effort.
July 24, 1941
Some 700 workers in the Aluminium Company of Canada (Alcan) in Arvida, Qué, spontaneously walked off the job. The next day the strike spread to 4500 workers.
July 20, 1942
Veterans' Land Act
The Veterans' Land Act made provision for returning veterans to obtain loans in order to buy land.
June 02, 1944
Local 480 Certified
At Trail, Local 480 of the International Union of Mine, Mill and Smelter Workers was certified.
September 12, 1945
The walkout of some 17 000 workers at the Ford Motor Co in Windsor was the first and most significant of the many strikes occurring immediately after WWII.
January 29, 1946
Mr Justice Ivan Rand of the Supreme Court of Canada handed down a decision based on the assumption that a union is essential for all workers and must be responsible for them.
May 15, 1946
BC Woodworkers' Strike
The International Woodworkers of America initiated a nationwide, postwar strike wave of Canadian Congress of Labour (CCL) affiliates. Twenty-seven thousand workers in both the coast and interior regions of BC went on strike.
February 13, 1947
Hunter Strikes Oil at Leduc
Vern "Dry Hole" Hunter struck oil near Leduc, Alta. The discovery ended a long decline in the Alberta oil industry, began an era of prosperity for the province and spared Canada dependence on foreign oil.
February 14, 1949
Some 5000 miners paralysed major asbestos mines in Québec for 4 months. The brutality of the police repression brought a wave of solidarity, supported by the Catholic Church, that showed that the labour movement could confront Duplessis.
August 22, 1950
National Rail Strike
A national rail strike caused one of the most serious transport crises in Canadian history.
April 24, 1952
First Alberta Oil in Ontario
The first shipment of oil from Alberta arrived in Ontario via pipeline and freighter.
December 07, 1953
First Foreign Bank
The Mercantile Bank of Canada began operations; it was the first foreign-owned bank to be incorporated in Canada.
September 19, 1955
General Motors Strike Begins
Some 17 000 General Motors auto workers in Ontario began a lengthy strike that did not end until 14 February 1956.
February 14, 1956
GM Strike Ends
A 148-day strike by 17 000 General Motors employees ended.
April 23, 1956
Canadian Labour Congress
At a Toronto convention, the Trades and Labor Congress of Canada merged with the Canadian Congress of Labour to form the Canadian Labour Congress, as of May 1.
May 08, 1956
A bill to provide an $80 million loan to TransCanada PipeLines was introduced in the House of Commons. The government invoked closure at each stage of the Pipeline Debate, the first time it had been used in this way.
March 10, 1957
Workers of Gaspé Copper Mines in Murdochville, Qué, struck for the right to unionize. The conflict lasted 7 months.
December 31, 1958
Newfoundland Loggers Strike
Hundreds of loggers employed by the Anglo-Newfoundland Development Co. at Grand Falls struck for wage increases and for improvements in living conditions at wood camps. Premier Joseph Smallwood intervened on 12 February 1959.
February 03, 1961
Formation of the CIBC
The government approved the merger of the Canadian Bank of Commerce and the Imperial Bank of Canada, forming the Canadian Imperial Bank of Commerce.
May 08, 1961
Pattison Opens Car Dealership
Jim Pattison opened his first car dealership, Jim Pattison Ltd, located on Cambie Street in Vancouver. In 1987 Pattison was awarded the Order of Canada, and in 1990, the Order of British Columbia.
July 13, 1961
Coyne Forced to Resign
The governor of the Bank of Canada, James Elliott Coyne, was forced to resign by the Diefenbaker government over fiscal and monetary policy disagreements.
September 01, 1961
Drilling Begins in the Arctic
The first oil-drilling rig in the Arctic was unloaded in preparation for drilling on Melville Island.
May 02, 1962
Canadian Dollar Pegged
The Canadian dollar was officially pegged at 92.5¢ US, creating the perception of an economic crisis.
July 06, 1962
Société Générale de Financement
The Québec government formed Société générale de financement (SGF) to facilitate industrial development in Québec.
June 03, 1963
Fisheries Zone Established
The government decided to establish a 22.2 km (12 nautical miles) exclusive fisheries zone off the Canadian coast, to begin in May 1964.
July 22, 1963
B&B Commission Formed
The Royal Commission on Bilingualism and Biculturalism was announced, to be chaired by André Laurendeau and Arnold Davidson Dunton.
August 02, 1963
Economic Council Established
The Economic Council of Canada was established, with John J. Deutsch appointed chairman.
July 16, 1964
Fishing Limit Extended
A bill extending Canada's fishing limits to 22.2 km (12 nautical miles) received royal assent.
November 18, 1964
Lead-zinc Shipped from NWT
The first shipment of lead-zinc ore left Pine Point, NWT, destined for smelters in Trail and Kimberley, BC, over the recently completed Great Slave Lake Railway.
January 16, 1965
Canada-US Automotive Agreement
Prime Minister Pearson and President Johnson signed the Canada-US Automotive Agreement, a conditional free-trade agreement to create a single North American market for passenger cars, trucks, buses, tires and automotive parts.
February 25, 1965
Preliminary B&B Report
The preliminary report of the Royal Commission on Bilingualism and Biculturalism was tabled in the House of Commons.
July 01, 1965
Canadian Labour Code Effective
The Canadian Labour Code came into effect for all government employees.
July 22, 1965
About 10 000 postal workers in Ontario, Québec and BC struck for higher wages.
January 14, 1967
Teachers' Strike in Québec
Hundreds of schools in Montréal and Trois-Rivières were closed when Catholic elementary and secondary teachers went on strike. The strike ended with the passage of the Québec government's controversial Bill 25 on February 17.
December 05, 1967
B&B Report Released
The first volume of the report of the Royal Commission on Bilingualism and Biculturalism was released.
May 14, 1968
TD Centre Opens
The tallest building in Canada to that date, the 56-storey Toronto Dominion Centre in Toronto, was opened. It was designed by Mies van der Rohe.
July 18, 1968
Nationwide Postal Strike
A nationwide postal strike involved 24 000 workers.
September 28, 1968
BC premier W.A.C. Bennett opened the Dr Gordon M. Shrum Powerhouse of the $485 million Peace River hydro-electric project at Hudson's Hope, BC.
December 09, 1968
Second B&B Report Released
The second report of the Royal Commission on Bilingualism and Biculturalism recommended that all children in Canadian schools be required to study the second official language.
February 19, 1969
18-Month Strike Ends
The 18-month-old rotating strikes of 70 000 Québec teachers ended when Montréal judge René Lippé was appointed mediator in the dispute.
May 29, 1970
Hudson's Bay Co Moved
The Hudson's Bay Company head office moved from London, England, to Winnipeg.
October 04, 1971
Oil Discovered on Sable Island
Oil and natural gas were discovered on Sable Island.
October 27, 1971
La Presse Strike
Strikers forced La Presse to close down. Two days later, the unions defied a municipal ban to organize a huge march in solidarity with the newspaper workers. More than 12 000 people clashed with 100 Montréal policemen.
January 01, 1972
Capital Gains Tax in Effect
The Capital Gains Tax came into effect.
January 30, 1972
Bloody Sunday Riots
In Londonderry, Northern Ireland, British soldiers shot 13 civilians during riots that followed an illegal march - known as "Bloody Sunday."
February 24, 1972
Oil Discovered on Ellesmere Island
Panarctic Oils Ltd announced the first discovery of oil in the Arctic, on Ellesmere Island.
February 25, 1972
Pickering Station Opened
The Pickering nuclear power plant officially opened, the largest single electricity producer in the world.
February 27, 1972
France, Britain, Portugal and Denmark agreed by treaty to gradually eliminate their traditional and treaty fishing rights in eastern Canadian waters.
April 11, 1972
Public Service Strike
More than 200 000 Québec public service employees went on strike, the largest strike in Canadian history.
April 24, 1972
The federal government banned fishing off the New Brunswick coast and the area around Port aux Basques, Nfld, to conserve dwindling fish stocks.
May 29, 1972
Ban on Fishing off Gaspé
Québec banned fishing off the Gaspé Peninsula due to low fish stocks.
June 16, 1972
Churchill Falls Opens
The Churchill Falls power project opened, the largest single-site hydro-electric project in the world.
July 14, 1972
Donald Macdonald Heads Union
Donald Macdonald, president of the Canadian Labour Congress, was elected president of the 91-nation International Confederation of Free Trade Unions, the first non-European to hold the position.
November 23, 1972
Access to Credit Agency
Ontario introduced legislation to allow individuals access to credit agency information banks.
February 01, 1973
Bouey Succeeds Rasminsky
Gerald Bouey succeeded Louis Rasminsky as Governor of the Bank of Canada.
October 10, 1973
Come by Chance Refinery Opens
The $120 million oil refinery at Come by Chance, Nfld, opened.It included a CNR spur track, and a deep-water oil terminal.
October 17, 1973
OPEC Raises Price of Oil
The Organization of Petroleum Exporting Countries raised the price of oil by 70%.
December 07, 1973
CANDU Deal with South Korea
Canada sold a CANDU reactor to South Korea.
January 01, 1974
Stock Exchanges Merge
The Canadian Stock Exchange merged with the Montréal Stock Exchange.
May 22, 1974
Canada Suspends Nuclear Exports
The Canadian government suspended shipments of all nuclear equipment and materials to India, after India's detonation of a nuclear device.
February 04, 1975
Oil Sands Development
The Alberta, Ontario and federal governments agreed to invest $600 million in the Syncrude Canada project to develop the Athabasca oil sands near Fort McMurray, Alberta.
October 03, 1975
Wage and Price Controls
Ottawa implemented wage and price controls in response to the exceptionally high inflation rates of 1974-75.
October 07, 1975
BC Government Enacts Back-to-work Legislation
David Barrett's NDP government enacted sweeping back-to-work legislation, ending a series of labour disputes in BC's forestry, pulp, food and propane industries.
January 14, 1976
Eaton's Disbands Catalogue
Eaton's shut down its catalogue sales operations.
January 28, 1976
Saskatchewan Takes Over Potash
Saskatchewan passed legislation to take over the potash industry.
March 12, 1976
Come by Chance Bankrupt
The Come by Chance, Nfld, refinery declared bankruptcy. It was sold to Petro-Canada and then in 1986 to the province for $1.
April 15, 1976
Dome Gets Drilling Approval
Cabinet gave Dome Petroleum final approval to drill for oil in the Beaufort Sea.
August 30, 1976
Manitoba Liquor Commission Fined
The Manitoba Liquor Commission was fined $300 000 for violating wage and price controls, the first provincial agency fined for this.
October 14, 1976
Day of Protest
On the "Day of Protest," over one million Canadian Labour Congress members staged a one-day strike against wage and price controls.
April 11, 1977
Berger Issues Mackenzie Report
Justice Thomas Berger issued his final report of the Mackenzie Valley Pipeline Inquiry and recommended a 10-year moratorium for the project.
September 06, 1979
First Gold Coin on Sale
Canada's first gold bullion coin went on sale.
October 27, 1979
First Power From James Bay
The first hydro-electric power was generated at James Bay.
October 06, 1980
Québec-Newfoundland Power Deal
The Québec government approved the signing of a 40-year agreement between Hydro-Québec and the British Newfoundland Corp that allowed Québec to buy power from the Churchill Falls hydro-electric project in Labrador.
October 28, 1980
National Energy Program
The Liberal government of Pierre Trudeau introduced the National Energy Program, aimed at increasing energy self-sufficiency.
September 01, 1981
Energy Pricing Deal
Alberta premier Peter Lougheed and PM Pierre Trudeau signed an energy-pricing agreement.
October 16, 1981
Canada Post Corporation Created
The Canada Post Corporation was created as a Crown corporation and successor to the embattled Post Office Department, which had faced criticism over service and fiscal performance.
November 17, 1983
Western Grain Transportation Act
The Western Grain Transportation Act was passed (effective 1 January 1984). It allowed grain-shipping costs to increase gradually, but never to exceed 10% of the world price for grain.
December 19, 1984
Hong Kong Invests in Vancouver
The signing of the Chinese-British Joint Declaration mandating the return of Hong Kong to China in 1997 began to cause a flow of Hong Kong capital and immigration into Vancouver.
February 11, 1985
Atlantic Accord Signed
Prime Minister Brian Mulroney and Newfoundland premier Brian Peckford signed the Atlantic Accord, an offshore energy agreement to develop the province's offshore petroleum resources.
September 29, 1985
Bank Inquiry Announced
The federal government announced an inquiry, headed by Supreme Court Justice Willard Estey, to investigate the failures of the Calgary-based Northland Bank and Edmonton's Canadian Commercial Bank.
May 01, 1986
Shirley Carr Becomes President
Shirley Carr replaced Dennis McDermott as president of the Canadian Union of Public Employees, the first woman to hold the position.
June 26, 1986
Softwood Lumber Dispute
The International Trade Commission determined that Canadian policies had injured US producers in the softwood lumber dispute.
January 05, 1990
Fish Plants Closed
Fishery Products International announced plans to close three Newfoundland fish plants, thereby eliminating 1,300 jobs.
January 24, 1990
In the House of Commons, the federal government introduced legislation to impose its controversial Goods and Services Tax (GST).
March 27, 1995
Bell Announces Cuts
Bell Canada announced that it would cut 10 000 jobs, 22% of its total workforce.
March 27, 1995
Rail Strike Ends
Parliament passed back-to-work legislation, forcing some 30 000 rail workers to return to their jobs. The strike had begun on March 18 and was having severe economic repercussions.
June 06, 1995
Labatt Sold to Belgians
John Labatt Ltd, Canada's second-largest brewery, was sold to SA of Belgium for $2.7 billion.
September 06, 1995
Sell-off of Petro-Canada
The federal government announced that it would sell off most of its holdings in Petro-Canada.
December 19, 1995
Alberta chicken producer Rod Chernos was honoured by the Society for the Prevention of Cruelty to Animals. He believed "a happy chicken is a tasty one."
January 15, 1996
Bre-X Gold Increases Claims
Bre-X announced that its deposits of gold at Busang, Indonesia, contained 30 million ounces of gold.
January 22, 1996
Molson Sells Diversity
Molson, Canada's largest brewery, announced the sale of its chemical unit, Diversity Corp, to Unilever for $780 million.
January 29, 1996
Ontario Gains Fiscal Controls
The province of Ontario passed a Bill giving the government sweeping powers to overhaul fiscal policy and social services programs.
February 19, 1996
New $2 Coin
The new two-dollar coin was introduced by the Royal Canadian Mint to replace the two-dollar bank note. The name "toonie" became so popular that the mint trademarked it.
July 25, 1996
Potato Fungus Hits Crops
A new strain of the potato fungus responsible for the Irish potato famine of the mid-19th century destroyed potato crops across eastern Canada.
October 13, 1996
New Bombardier Jet Flies
Bombardier's new Global express business jet made its first test flight.
January 27, 1997
Wage Gap Still Evident
StatsCan reported that the wage gap between women and men had narrowed to an average of 73%.
February 14, 1997
Paper Giants Unite
Abitibi-Price and Stone-Consolidated announced a $2.3 billion merger, creating the world's largest newsprint producer.
February 18, 1997
Martin's 1997 Budget
Paul Martin's federal budget continued the course to balance the federal budget but also included modest increases in spending on social programs.
March 19, 1997
Bre-X Geologist Dies
Bre-X Geologist Michael de Guzman died in mysterious circumstances in Indonesia, either jumping or being pushed from a helicopter.
May 30, 1997
Bombardier Sells Jets
Ohio-based Comair agreed to purchase 30 Canadair Regional Jets from Bombardier for $600 million with an option for a further $600 million.
June 02, 1997
Trading of Bre-X Halted
The Ontario Securities Commission halted the sale of Bre-X shares.
July 19, 1997
Fishermen Blockade Ferry
A group of disgruntled Canadian fishermen blockaded an Alaskan ferry to protest the overfishing of Pacific salmon by Alaskan fishermen.
August 12, 1997
Nuclear Reactors Shut Down
Ontario Hydro, North America's largest electric utility, announced that it would shut down the 7 oldest of its 19 nuclear reactors: 3 at the Bruce facility on lake Huron and 4 at Pickering on lake Ontario.
October 27, 1997
Teachers Strike in Ontario
Five unions representing 126 000 teachers went on strike in Ontario, the largest teacher strike ever in north America. The teachers protested reforms put forward by the Mike Harris government. The strike ended Nov 7.
November 17, 1997
Hibernia Produces First Barrel
Newfoundland's Hibernia offshore drilling platform pumped its first barrel of oil.
January 26, 1998
TransCanada Pipelines and NOVA Corp announced plans to merge, the largest merger in Canada's energy sector, amounting to $14 billion.
February 06, 1998
HBC Buys Kmart
The Hudson's Bay Company announced that it plans to buy the Canadian division of Kmart for $240 million.
February 24, 1998
Martin Balances Budget
Finance Minister Paul Martin introduced the government's first balanced budget in 30 years. The $151 billion budget included a new $2.5 billion education fund.
May 11, 1999
Chevron Announces Gas Find
Chevron Canada of Calgary announced that explorers had found one of the largest natural gas deposits in Canada near the town of Fort Liard, NWT.
August 20, 1999
T. Eaton Co Files for Bankruptcy
The T. Eaton Company filed for bankruptcy, terminating all 13 000 employees.
October 14, 1999
Mundell Wins Nobel Prize
Canadian-born US resident Robert Mundell won the Nobel Prize for Economics for his work on monetary dynamics and optimum currency areas.
December 31, 1999
Sable Island Gas Flows
The construction of three offshore platforms off Sable Island was completed and the first natural gas began to flow through a submarine pipeline to mainland Nova Scotia.
June 17, 2000
Seagram Merges With Vivendi
Seagram announced that it would merge with France's Vivendi, creating a global media giant to compete with the American company AOL. The merger ended the Bonfmans' control over Seagram.
August 15, 2000
Michael Cowpland resigned from Corel, the company he founded in 1985, to work with new companies developing programs to run on the Linux operating system. He remained the primary shareholder of Corel.
July 09, 2001
Bombardier Wins Contract
Bombardier announced that it had won a $2.6 billion contract to supply 75 regional jets to Northwest Airlines in the US.
August 10, 2001
Softwood Lumber Duty Imposed
The United States Commerce Department announced that it would impose a 19.3% duty on Canadian softwood lumber. Canadians vowed to fight the unfair measure.
April 12, 2005
Chinese Begin Investing in Alberta’s Oil Sands
China National Offshore Oil Corp (or CNOOC) is the first Chinese company to invest in Alberta’s oil sands with the purchase of a 16.7 per cent share of MEG Energy Corp. China's two other state-controlled oil companies, PetroChina and Sinopec, would also purchase shares in other oil sand companies by 2009.
January 27, 2009
Conservative Budget Released
Finance minister Jim Flaherty formally announced the terms of the new Conservative budget, promising tax cuts and savings and increased spending on infrastructure to assist Canadians through the economic recession.
April 12, 2010
Chinese Oil Producer Buys Shares in Syncrude
Sinopec Corp, China's second-largest oil producer, paid $4.65 billion for a 9.03 per cent share of Syncrude. The purchase more than doubled that country’s presence in Alberta's oil sands since its companies began investing there in 2005.
February 05, 2013
Small Hydropower Plant Program in Québec Ends
The PQ government under Pauline Marois announced the end of the Small Hydropower Plant Program created by the former Liberal government.
July 15, 2013
Loblaw Buys Shoppers Drug Mart
In a massive, $12.4-billion deal, Loblaw, the largest Canadian grocery chain, purchased Shoppers Drug Mart, the nation's largest chain of pharmacies.
January 30, 2015
Right to Strike Upheld by Supreme Court
The Supreme Court of Canada decided that the right to strike was constitutionally protected under the freedom of association clause of the Charter of Rights and Freedoms. The ruling struck down a Saskatchewan law that allowed government to prevent workers in essential services from striking.
April 15, 2015
Wheat Board Sold
The Canadian Wheat Board was privatized in a federal-government sale to US and Saudi interests for $250 million.
February 03, 2017
Death of Roy Heenan
Roy Heenan, founding partner of the law firm Heenan Blaikie and an Officer of the Order of Canada, died at the age of 81.
October 01, 2017
Moosehead Brewery celebrates 150 years
Moosehead Brewery celebrates 150 years in 2017. It is the oldest family-owned brewing company in Canada. At the time of its incorporation on 1 october 1867, Susannah Oland spearheads the company, overseeing virtually every aspect of the operation, supervising the brewing process (an old family recipe) with the help of her three sons.
October 05, 2017
Energy East Pipeline Project Cancelled
TransCanada announced that it had cancelled plans to build the Energy East pipeline, which would have carried crude oil from Alberta and Saskatchewan to refineries in Québec and New Brunswick. From there, oil would have been exported to other countries. The company cited changing market conditions and delays in assessments carried out by the National Energy Board as reasons for its decision. The project’s supporters, including premiers Rachel Notley and Brad Wall, expressed disappointment and criticized the federal government’s approach to the review process. Energy East’s opponents, including municipalities in Québec and Indigenous communities along the proposed path of the pipeline, hailed it as a victory.