Commerce and Industry
With the completion of the transcontinental railway in 1886, trade began to shift to nearby Vancouver. Nonetheless, New Westminster weathered the loss, and remained an important industry and transportation centre. The local economy has always had a mix of industrial sectors, but it has evolved over the years, moving from a reliance on the primary resources of lumber and fishing in the 19th century, to heavy industry and manufacturing in the first half of the 20th century, to retail from the mid-1950s to the 1970s, to professional and business services in the 1990s, and finally to high-tech and fibre-optic industry in the early 21st century.
Read more about this topic: New Westminster
Famous quotes containing the words commerce and, commerce and/or industry:
“Here, the churches seemed to shrink away into eroding corners. They seem to have ceased to be essential parts of American life. They no longer give life. It is the huge buildings of commerce and trade which now align the people to attention. These in their massive manner of steel and stone say, Come unto me all ye who labour, and we will give you work.”
—Sean OCasey (18841964)
“It was you that broke the new wood,
Now is a time for carving.
We have one sap and one root
Let there be commerce between us.”
—Ezra Pound (18851972)
“I have never yet spoken from a public platform about women in industry that someone has not said, But things are far better than they used to be. I confess to impatience with persons who are satisfied with a dangerously slow tempo of progress for half of society in an age which requires a much faster tempo than in the days that used to be. Let us use what might be instead of what has been as our yardstick!”
—Mary Barnett Gilson (1877?)