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Timber and Economic changes after 1800

Timber and Economic changes after 1800. Timber. After 1812, Canadian timber was is large demand due to the blockade of Napoleon and his ships (between England and the Scandinavian countries). Timber. Consequence  Large investment ($$$): S quared timber

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Timber and Economic changes after 1800

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  1. Timber and Economic changes after 1800

  2. Timber • After 1812, Canadian timber was is large demand due to the blockade of Napoleon and his ships (between England and the Scandinavian countries)

  3. Timber • Consequence Large investment ($$$): • Squaredtimber • Ship building (a lot of it in Quebec City) • Timberused for construction: • New emploiment : • Lumberjacks, raftmans,sawmen, carpenters for ships, etc., smallmerchants…

  4. Timber leaving the port of Quebec for England

  5. Canals and Banks • canals= man made ‘rivers’ thatconnect to naturalwaterways • Canals were needed to adapt to the changing economic factors  timber trade • Banks : Needed to finance these investments (canals), sources of credit, paper money • First Bank: Bank of Montreal (1817)

  6. Canals and Banks CONCLUSION • 1791 – 1840 in Lower Canada: • Importance: furs  wood. • Stagnation ( ) of agriculture • Development of transportation and banks

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