Trade
The marketing and economic movement of Canada's various agriculture commodities has been a challenge. Domestic trade encompasses providing goods within Canada provincially and inter-provincial. Support agencies and services such as storage, railways, warehouses, stores, banking institutions all affect domestic trade. Trade of wheat from the Canada's prairies are monitored by the Canadian Wheat Board. Canada's depression of 1882–1897 brought a low of 64¼ cents per bushel ($24/t) as of 1893. This era during Laurier's administration saw thousands of homesteads cancelled. Wheat prices soared during World War I. In 1928, Canada exported high quantities of wheat, flour, and goods. The depression took its toll on Canada as exports sunk to approximately 40% of their 1928 amount. European markets stopped needing to import Canadian wheat as they started growing their own varieties, and then World War II events put a blockade on trade to European markets. Canada became more of an industrial entity during the time of this industrial revolution, and less of an agricultural nation. Following World War II the United Kingdom entered into contract for a large amount of agricultural commodities such as bacon, cheese, wheat, oats and barley. After the United Kingdom, the United States is Canada's largest external trade partner. Between 1943 and 1953, the average export of Canadian wheat was 347,200,000 bushels (9,449,000 t). The three year International Wheat Agreement of 1955, which really lasted 6 years, included exports of wheat or flour to 28 of 44 importing countries including Germany, Japan, Belgium, UK, and the Netherlands.
Read more about this topic: Agriculture In Canada
Famous quotes containing the word trade:
“... it must be obvious that in the agitation preceding the enactment of [protective] laws the zeal of the reformers would be second to the zeal of the highly paid night-workers who are anxious to hold their trade against an invasion of skilled women. To this sort of interference with her working life the modern woman can have but one attitude: I am not a child.”
—Crystal Eastman (1881–1928)
“You know that fiction, prose rather, is possibly the roughest trade of all in writing. You do not have the reference, the old important reference. You have the sheet of blank paper, the pencil, and the obligation to invent truer than things can be true. You have to take what is not palpable and make it completely palpable and also have it seem normal and so that it can become a part of experience of the person who reads it.”
—Ernest Hemingway (1899–1961)
“With respect to a true culture and manhood, we are essentially provincial still, not metropolitan,—mere Jonathans. We are provincial, because we do not find at home our standards; because we do not worship truth, but the reflection of truth; because we are warped and narrowed by an exclusive devotion to trade and commerce and manufacturers and agriculture and the like, which are but means, and not the end.”
—Henry David Thoreau (1817–1862)