Canadian Wartime Economy
*Economy was run a lot mainly by women
*P.M.King named James Ilsley to control Inflation and encourage the purchase of war bonds
*Income Tax was Increased
*1941 Wartime Prices and Trade Board froze all wages to prevent inflation
*1942 food ration ion was introduced e.g.. 1kg of meat, 220g of sugar, 115g of coffee per week
*These were generous compared to that of the UK and the USA
*Canadian government also prevented unions from striking during the war
*Unemployment insurance introduced in 1940
*1945 Family allowance is brought in
*P.M.King named James Ilsley to control Inflation and encourage the purchase of war bonds
*Income Tax was Increased
*1941 Wartime Prices and Trade Board froze all wages to prevent inflation
*1942 food ration ion was introduced e.g.. 1kg of meat, 220g of sugar, 115g of coffee per week
*These were generous compared to that of the UK and the USA
*Canadian government also prevented unions from striking during the war
*Unemployment insurance introduced in 1940
*1945 Family allowance is brought in
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Summary
Canada's economic state during ww2 was very shaky, especially because it was right in the middle almost of the great depression. However many new positive thing came out of this time including Unemployment insurance which we still have today and family allowances. Also this was another time for women to shine with all the men off to war they got to show their stuff and be the breadwinners of the family.