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Ontario & Québec (Ontario (Southern Ontario (Auto Pact (Cars were one…
Ontario & Québec
Ontario
Southern Ontario
Auto Pact
Cars were one of the most important manufacturing sectors in North American industry, but most of the automobile factories were located in the U.S. whilst Canadian car ownership went up and up.
There were only a few branches in Southern Ontario, so the Canadian government put a 17% tax on all United States' manufactured cars that were brought into Canada, to benefit from the most purchases made by the Canadians.
1965-1978: There was a car plant that would be installed in Talbotville, Ontario. And from there more than 50,000 manufacturing jobs were created in Canada, improving the overall Ontarian economy as the Canadian economy.
1965: The Canadian manufacturing sector was struggling, so the Auto Pact deal was made between the U.S. and Canada. Chrysler, Ford, and General Motors would manufacture cars in Canada and the Canadian government would get rid of the 17% tax.
The cars bought by Canadians had to imported to Canada, and due to all car-related jobs were in the United States, Canada needed to improve their economy with the car industry to help their own economy.
Northern Ontario
Elliot Lake
1968: Elliott Lake, in Northern Ontario had $100 million invested in to open a uranium mine.
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1962: Unfortunately, the prosperity of Elliott Lake was short-lived, so many were forced to leave and had to go into other regions of Ontario or other provinces to find jobs.
Québec
St. Lawrence Seaway
The St. Lawrence Seaway opened in 1959 but started its construction in 1954 with $470 million as the full cost, but $330 million was paid by Canada and the rest by American investors and partners.
The project would flood the home of 6,500, forcing them to relocate elsewhere.
As shipping costs were very high because the only two solutions were British Columbia for Pacific overseas transportation which had to get there in rail or road, or Halifax on the Atlantic Coast, industry owners were pleased to be able to waste less money on transportation and focus on delivering their products to parts of Lake Superior, such as Fort William or Port Arthur (now Thunder Bay).
Despite the massive costs, the St. Lawrence Seaway would save up to $50 million/year in transportation costs for all industries who wish to send their products overseas or export them in the world market.
The overall construction of the Seaway would greatly benefit Canada's economy as it completely changed the way Canada's products would be sold and exported overseas on an international level. And as many industry owners were willing to spend less for a better profit, the Seaway was one of the most efficient ways to save both money and time.
The immense project employed 61,000 people, which helped many people relocate within 600 km of the Canada/U.S. border.
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