Benefits of War to Canada’s Economies

Before the war, many people were living in poverty. They had trouble finding jobs and even when they
did find one, it wouldn’t earn them much money.

The reason Canada started making even more money during the war is because of the high demand of
food and weapons (Supplies in general). Many people will pay a lot for them because they are
necessities for life, business owners usually take advantage of this and raise their prices to earn more
money (Better Profit). This was great news for farmers, ranchers, and fishers. They could earn a lot of
money but with so many people away at the war, there was barely anyone left to work. This led to
women who started working in farms.

In 1917, the government started taxing business profits. But then multiple people in Newfoundland
complained that business owners were putting profits ahead of the good of their people. Many people
sold their ships to the war for a high profit, they also sold weapons at higher cost, etc. Later on in 1917,
the Newfoundland’s government also had to put a tax on business profits.

In all, Canada produced $5.8 billion from its natural resources during the war. Unemployment rate
decreased heavily, wages increased, and many families had two or more members employed during the
war, greatly increasing the family income.