The Great Depression and demands for social protection
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The stock-market crash of 1929 was followed by the Great Depression. In Canada, unemployment, business failures and Prairie drought created hardship and strengthened demands for public social protections.
Scope & context
Independent citizenship-study support. Read the cited official sources; this is not an official question bank or a guarantee of a test result.
More context
The guide contrasts the prosperity of the 1920 swith the hardship of the 1930 s. Falling grain prices and drought were especially severe for western farmers. Calls for minimum wages, a standard working week and unemployment protection formed part of the political response.
The Bank of Canada was created by legislation in 1934 and opened in 1935. Its central-bank role is different from a commercial bank serving individual depositors. Distinguish these historical dates from current unemployment rates or today’s program eligibility.
Sources behind this record
Immigration, Refugees and Citizenship Canada
Canada’s History; sections and tables identified in the research record