A Stalled Economy For Others

1
A Stalled Economy For Others

• The Maritimes

2
A Perfect Storm

• Distance and railway freight rates
• Maritimes are located a long way from central
  Canadian and US markets.
• Increase in freight rates meant that cost of
  transporting Maritime products increased.
• Manufacturers had to raise prices to pay for
  transportation.
• Therefore, demand for products decreased

3

• Lack of capital
• Capital money
• Maritime business had less money to invest in
  their businesses.
• Therefore, they were unable to adopt new
  technologies (shipbuilding, hydroelectricity).
• Maritime industries could not compete with
  central Canadian industries.

4

• Slow development of hydroelectric power
• Industry and government lacked capital to invest
  in hydroelectricity.
• Secondary industries were much slower to develop.
• Higher profits are made in secondary industries.

5

• Political Union
• Representation based on population.
• Larger population more seats in parliament
  more power for a province or region.
• Therefore the general population and politicians
  began to argue for political union.
• Union did not happen, but leaders began to work
  together.