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Bennett’s New Deal. Decision Time. In 1935 it was obvious that the Depression was a problem that would not go away soon Bennett needed to do something to save the country and his political career
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Decision Time... • In 1935 it was obvious that the Depression was a problem that would not go away soon • Bennett needed to do something to save the country and his political career • Bennett had a very low public approval rating (not too mention the creation of new political parties) • Borrowed economic and social reforms from Franklin D. Roosevelt’s New Deal
Changes • Progressive taxation • A maximum work week • A minimum wage • Stronger regulations of working conditions • Unemployment insurance • Health and accident insurance • Revised old age pension • Agricultural support programs • Grain board (to regulate wheat prices)
Response • Canadians did not respond well to Bennett’s proposed plan • The Liberal’s election call in 1935 was “King or Chaos” • On October 14, 1935 Bennett was defeated, and Mackenzie King became the new Prime Minister