SlideShare a Scribd company logo
1 of 15
Life in Canada
(1980s & 1990s)
Chapter 7
Terry Fox
Mexico 1986
1987 Canada Cup
Politics
• Brian Mulroney (Progressive Conservative) won the
federal election in 1984 after Pierre Trudeau retired.
• He faced a massive federal debt created in the
1970s – retired from office in 1993 disgraced after
NAFTA deal and creation of the GST, which
decimated the party.
• Jean Chretien (Liberal) became PM in 1993 (until
2003) and worked on ending the practice of running
annual deficits.
• By 1998, his gov’t managed to produce a budget
surplus (taking in more money than it spends).
New Political Parties
In the 1990s, Chretien faced increased regional
tensions, as Western Discontent increased, and
Quebec separatism came to a head:
1.) The Bloc Quebecois
• In 1993, led by Lucien Bouchard, became the official
party of opposition. It was a separatist party
seeking to achieve Quebec sovereignty.
2.) The Reform Party
• Rose out of the union of the Alliance Party (Western
Canada) and the dying Progressive Conservatives in
1993.
• Became the the official opposition after the 1997
federal election.
• The RP rose out of WD, as the Western provinces
felt that their concerns were being ignored by the
federal gov’t.
• They wanted to reform the constitution to more
fairly represent the Western provs.
• They opposed bilingualism or any special status for
Quebec, sought to cut social spending, and restrict
immigration.
Economy
• In the 1980s, Mulroney followed a policy of neo-
conservatism.
• Involved a reduction of gov’t interference in the
econ and an increase reliance on the market forces
of supply and demand.
• Mulroney cut back family allowances and old age
pensions from the wealthy.
• He also favoured business interests as part of his
debt-reduction strategy – he believed that
strengthening the private sector would help reduce
the deficit.
• In spite of his efforts, the annual deficit and the total
national debt continued to grow throughout the
Mulroney era.
• The Canadian econ shifted from the production of
consumer goods to the service industries – requiring a
higher skilled workforce and fewer in numbers.
• As a result of these changes and debt reduction
strategies, the Canada experienced rising
unemployment in the early 1990s and an increased gap
between the rich and poor.
• The number of Canadians living under the poverty line
(spending more than 55% of income on food, clothing,
and shelter) increased as well.
Free Trade
• PM Mulroney’s most significant contribution to the
Can econ was the implementation of free trade
agreements with the US and Mexico.
• Free trade – a system of trading between countries
without barriers such as tariffs (taxes) or quotas
(limits on certain goods).
• Mulroney believed that free trade would benefit
Can businesses by increasing investment and trade.
1.) Free Trade Agreement (FTA)
• Signed in 1989 with the US
2.) North American Free Trade Agreement (NAFTA)
• In 1994, Mexico joined.
Pros:
• Helped to improve the Can econ by increasing trade
with the US
• By leading to an increase in US investment
Cons:
• Can jobs lost due to relocation
• Can companies moved to the US or Mexico
• Can companies sold to US companies
• Overall not successful in the early 1990s due to a
continuing global recession.
Canadian-American Relations
1.) CANADARM
2.) The Strategic Defense Initiative (SDI)
3.) Pacific Salmon Wars
4.) Landmines
5.) The Kyoto Accord
6.) The War on Terror

More Related Content

What's hot

JFK Assassination
JFK AssassinationJFK Assassination
JFK Assassinationpvhs
 
World war ii power point pete's
World war ii power point pete'sWorld war ii power point pete's
World war ii power point pete'sguest8ef4892
 
The Jackson Era
The Jackson EraThe Jackson Era
The Jackson Erawtidwell
 
Nixon and watergate
Nixon and watergateNixon and watergate
Nixon and watergateewaszolek
 
Ch.13- The Civil Rights Movement
Ch.13- The Civil Rights MovementCh.13- The Civil Rights Movement
Ch.13- The Civil Rights Movementdhtaylor3
 
A c 17 us chapter 17
A c 17 us chapter 17A c 17 us chapter 17
A c 17 us chapter 17Sandra Waters
 
Writing an apush thesis
Writing an apush thesisWriting an apush thesis
Writing an apush thesiskellycrowell
 
America in the Reagan years (1981- 9)
America in the Reagan years (1981- 9)America in the Reagan years (1981- 9)
America in the Reagan years (1981- 9)Boutkhil Guemide
 
Canadian human rights and freedoms
Canadian human rights and freedomsCanadian human rights and freedoms
Canadian human rights and freedomsmariachan00000
 
Martin Van Buren (1782-1862)
Martin Van Buren (1782-1862)Martin Van Buren (1782-1862)
Martin Van Buren (1782-1862)HistoryExpert006
 

What's hot (20)

JFK Assassination
JFK AssassinationJFK Assassination
JFK Assassination
 
World war ii power point pete's
World war ii power point pete'sWorld war ii power point pete's
World war ii power point pete's
 
The Jackson Era
The Jackson EraThe Jackson Era
The Jackson Era
 
Nixon and watergate
Nixon and watergateNixon and watergate
Nixon and watergate
 
Eisenhower Foreign Policy
Eisenhower Foreign PolicyEisenhower Foreign Policy
Eisenhower Foreign Policy
 
Ch.13- The Civil Rights Movement
Ch.13- The Civil Rights MovementCh.13- The Civil Rights Movement
Ch.13- The Civil Rights Movement
 
A c 17 us chapter 17
A c 17 us chapter 17A c 17 us chapter 17
A c 17 us chapter 17
 
Truman Powerpoint
Truman PowerpointTruman Powerpoint
Truman Powerpoint
 
Writing an apush thesis
Writing an apush thesisWriting an apush thesis
Writing an apush thesis
 
4.3 Native americans
4.3 Native americans4.3 Native americans
4.3 Native americans
 
Unit 3 Powerpoint the Progressive Era
Unit 3 Powerpoint the Progressive EraUnit 3 Powerpoint the Progressive Era
Unit 3 Powerpoint the Progressive Era
 
1970s
1970s1970s
1970s
 
America in the Reagan years (1981- 9)
America in the Reagan years (1981- 9)America in the Reagan years (1981- 9)
America in the Reagan years (1981- 9)
 
Us iraq war
Us iraq warUs iraq war
Us iraq war
 
Unit 4 US Becomes A World Power
Unit 4 US Becomes A World PowerUnit 4 US Becomes A World Power
Unit 4 US Becomes A World Power
 
Watergate Powerpoint
Watergate PowerpointWatergate Powerpoint
Watergate Powerpoint
 
Immigration and Nativism
Immigration and NativismImmigration and Nativism
Immigration and Nativism
 
Canada ppt
Canada pptCanada ppt
Canada ppt
 
Canadian human rights and freedoms
Canadian human rights and freedomsCanadian human rights and freedoms
Canadian human rights and freedoms
 
Martin Van Buren (1782-1862)
Martin Van Buren (1782-1862)Martin Van Buren (1782-1862)
Martin Van Buren (1782-1862)
 

Similar to Canada in the 1980s and 1990s

NAFTA(North American Free Trade Agreement)
NAFTA(North American Free Trade Agreement)NAFTA(North American Free Trade Agreement)
NAFTA(North American Free Trade Agreement)sajal789
 
3.5 Great Depression and Government Response
3.5 Great Depression and Government Response3.5 Great Depression and Government Response
3.5 Great Depression and Government Responsejkoryan
 
History of Mexico Lecture 3 - Modern Mexico
History of Mexico Lecture 3 - Modern MexicoHistory of Mexico Lecture 3 - Modern Mexico
History of Mexico Lecture 3 - Modern MexicoKati Armstrong
 
3.5 great depression and_gov_resp_website
3.5 great depression and_gov_resp_website3.5 great depression and_gov_resp_website
3.5 great depression and_gov_resp_websitejkoryan
 
The Bill Clinton Era the 1990s and the new millennium
The Bill Clinton Era the 1990s and the new millenniumThe Bill Clinton Era the 1990s and the new millennium
The Bill Clinton Era the 1990s and the new millenniumBoutkhil Guemide
 
1980s to early 1990s2014
1980s to early 1990s20141980s to early 1990s2014
1980s to early 1990s2014Joseph Sam
 
Presidents of the United States Part 5b of 8
Presidents of the United States Part 5b of 8Presidents of the United States Part 5b of 8
Presidents of the United States Part 5b of 8Monika Somogyi
 
Clinton 1996 election
Clinton 1996 electionClinton 1996 election
Clinton 1996 electionkcloer
 
relation between economics and politics
relation between economics and politicsrelation between economics and politics
relation between economics and politicsMegha Chawla
 
Presntation on Nafta 2017
Presntation on Nafta 2017 Presntation on Nafta 2017
Presntation on Nafta 2017 Ghulam Ishaq
 

Similar to Canada in the 1980s and 1990s (20)

NAFTA Agreement
NAFTA AgreementNAFTA Agreement
NAFTA Agreement
 
NAFTA(North American Free Trade Agreement)
NAFTA(North American Free Trade Agreement)NAFTA(North American Free Trade Agreement)
NAFTA(North American Free Trade Agreement)
 
Canada
CanadaCanada
Canada
 
3.5 Great Depression and Government Response
3.5 Great Depression and Government Response3.5 Great Depression and Government Response
3.5 Great Depression and Government Response
 
History of Mexico Lecture 3 - Modern Mexico
History of Mexico Lecture 3 - Modern MexicoHistory of Mexico Lecture 3 - Modern Mexico
History of Mexico Lecture 3 - Modern Mexico
 
3.5 great depression and_gov_resp_website
3.5 great depression and_gov_resp_website3.5 great depression and_gov_resp_website
3.5 great depression and_gov_resp_website
 
The Bill Clinton Era the 1990s and the new millennium
The Bill Clinton Era the 1990s and the new millenniumThe Bill Clinton Era the 1990s and the new millennium
The Bill Clinton Era the 1990s and the new millennium
 
Perez caldera
Perez calderaPerez caldera
Perez caldera
 
1980s to early 1990s2014
1980s to early 1990s20141980s to early 1990s2014
1980s to early 1990s2014
 
Chile the latin american tiger
Chile the latin american tigerChile the latin american tiger
Chile the latin american tiger
 
Teacher Notes MODULE 27.pptx
Teacher Notes MODULE 27.pptxTeacher Notes MODULE 27.pptx
Teacher Notes MODULE 27.pptx
 
Presidents of the United States Part 5b of 8
Presidents of the United States Part 5b of 8Presidents of the United States Part 5b of 8
Presidents of the United States Part 5b of 8
 
Clinton 1996 election
Clinton 1996 electionClinton 1996 election
Clinton 1996 election
 
Canada in the 1970s chap 5
Canada in the 1970s chap 5Canada in the 1970s chap 5
Canada in the 1970s chap 5
 
relation between economics and politics
relation between economics and politicsrelation between economics and politics
relation between economics and politics
 
Nafta
NaftaNafta
Nafta
 
Presntation on Nafta 2017
Presntation on Nafta 2017 Presntation on Nafta 2017
Presntation on Nafta 2017
 
Mexican economy
Mexican economyMexican economy
Mexican economy
 
Essay review
Essay reviewEssay review
Essay review
 
Canada & the World 1990s
Canada & the World 1990sCanada & the World 1990s
Canada & the World 1990s
 

More from Reynolds Secondary School (20)

French Rev
French Rev French Rev
French Rev
 
American Rev & BNA
American Rev & BNAAmerican Rev & BNA
American Rev & BNA
 
2 English Civil War
2 English Civil War2 English Civil War
2 English Civil War
 
1 britain geography and english society
1 britain geography and english society1 britain geography and english society
1 britain geography and english society
 
Chapter 2 part 1 & 2
Chapter 2 part 1 & 2Chapter 2 part 1 & 2
Chapter 2 part 1 & 2
 
The Environment
The Environment The Environment
The Environment
 
Environment 2015
Environment 2015Environment 2015
Environment 2015
 
World Population Growth
World Population GrowthWorld Population Growth
World Population Growth
 
Protecting Human Rights
Protecting Human RightsProtecting Human Rights
Protecting Human Rights
 
Canadian PMs from 1948 to 1984
Canadian PMs from 1948 to 1984Canadian PMs from 1948 to 1984
Canadian PMs from 1948 to 1984
 
French-English Relations
French-English RelationsFrench-English Relations
French-English Relations
 
The 1960s & 1970s
The 1960s & 1970sThe 1960s & 1970s
The 1960s & 1970s
 
The cold war 1950s
The cold war 1950sThe cold war 1950s
The cold war 1950s
 
A closer look at canada in wwii
A closer look at canada in wwiiA closer look at canada in wwii
A closer look at canada in wwii
 
Canada in World War I
Canada in World War ICanada in World War I
Canada in World War I
 
Chapter 2 part 1 and 2
Chapter 2 part 1 and 2Chapter 2 part 1 and 2
Chapter 2 part 1 and 2
 
Arrival in canada
Arrival in canadaArrival in canada
Arrival in canada
 
A different canada
A different canadaA different canada
A different canada
 
Ideologies x parties
Ideologies x partiesIdeologies x parties
Ideologies x parties
 
Arrival in canada
Arrival in canadaArrival in canada
Arrival in canada
 

Recently uploaded

Proudly South Africa powerpoint Thorisha.pptx
Proudly South Africa powerpoint Thorisha.pptxProudly South Africa powerpoint Thorisha.pptx
Proudly South Africa powerpoint Thorisha.pptxthorishapillay1
 
MARGINALIZATION (Different learners in Marginalized Group
MARGINALIZATION (Different learners in Marginalized GroupMARGINALIZATION (Different learners in Marginalized Group
MARGINALIZATION (Different learners in Marginalized GroupJonathanParaisoCruz
 
Like-prefer-love -hate+verb+ing & silent letters & citizenship text.pdf
Like-prefer-love -hate+verb+ing & silent letters & citizenship text.pdfLike-prefer-love -hate+verb+ing & silent letters & citizenship text.pdf
Like-prefer-love -hate+verb+ing & silent letters & citizenship text.pdfMr Bounab Samir
 
What is Model Inheritance in Odoo 17 ERP
What is Model Inheritance in Odoo 17 ERPWhat is Model Inheritance in Odoo 17 ERP
What is Model Inheritance in Odoo 17 ERPCeline George
 
Types of Journalistic Writing Grade 8.pptx
Types of Journalistic Writing Grade 8.pptxTypes of Journalistic Writing Grade 8.pptx
Types of Journalistic Writing Grade 8.pptxEyham Joco
 
Computed Fields and api Depends in the Odoo 17
Computed Fields and api Depends in the Odoo 17Computed Fields and api Depends in the Odoo 17
Computed Fields and api Depends in the Odoo 17Celine George
 
Painted Grey Ware.pptx, PGW Culture of India
Painted Grey Ware.pptx, PGW Culture of IndiaPainted Grey Ware.pptx, PGW Culture of India
Painted Grey Ware.pptx, PGW Culture of IndiaVirag Sontakke
 
Crayon Activity Handout For the Crayon A
Crayon Activity Handout For the Crayon ACrayon Activity Handout For the Crayon A
Crayon Activity Handout For the Crayon AUnboundStockton
 
Earth Day Presentation wow hello nice great
Earth Day Presentation wow hello nice greatEarth Day Presentation wow hello nice great
Earth Day Presentation wow hello nice greatYousafMalik24
 
POINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptx
POINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptxPOINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptx
POINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptxSayali Powar
 
How to Configure Email Server in Odoo 17
How to Configure Email Server in Odoo 17How to Configure Email Server in Odoo 17
How to Configure Email Server in Odoo 17Celine George
 
Full Stack Web Development Course for Beginners
Full Stack Web Development Course  for BeginnersFull Stack Web Development Course  for Beginners
Full Stack Web Development Course for BeginnersSabitha Banu
 
Introduction to AI in Higher Education_draft.pptx
Introduction to AI in Higher Education_draft.pptxIntroduction to AI in Higher Education_draft.pptx
Introduction to AI in Higher Education_draft.pptxpboyjonauth
 
ENGLISH 7_Q4_LESSON 2_ Employing a Variety of Strategies for Effective Interp...
ENGLISH 7_Q4_LESSON 2_ Employing a Variety of Strategies for Effective Interp...ENGLISH 7_Q4_LESSON 2_ Employing a Variety of Strategies for Effective Interp...
ENGLISH 7_Q4_LESSON 2_ Employing a Variety of Strategies for Effective Interp...JhezDiaz1
 
18-04-UA_REPORT_MEDIALITERAСY_INDEX-DM_23-1-final-eng.pdf
18-04-UA_REPORT_MEDIALITERAСY_INDEX-DM_23-1-final-eng.pdf18-04-UA_REPORT_MEDIALITERAСY_INDEX-DM_23-1-final-eng.pdf
18-04-UA_REPORT_MEDIALITERAСY_INDEX-DM_23-1-final-eng.pdfssuser54595a
 
Enzyme, Pharmaceutical Aids, Miscellaneous Last Part of Chapter no 5th.pdf
Enzyme, Pharmaceutical Aids, Miscellaneous Last Part of Chapter no 5th.pdfEnzyme, Pharmaceutical Aids, Miscellaneous Last Part of Chapter no 5th.pdf
Enzyme, Pharmaceutical Aids, Miscellaneous Last Part of Chapter no 5th.pdfSumit Tiwari
 
Capitol Tech U Doctoral Presentation - April 2024.pptx
Capitol Tech U Doctoral Presentation - April 2024.pptxCapitol Tech U Doctoral Presentation - April 2024.pptx
Capitol Tech U Doctoral Presentation - April 2024.pptxCapitolTechU
 
DATA STRUCTURE AND ALGORITHM for beginners
DATA STRUCTURE AND ALGORITHM for beginnersDATA STRUCTURE AND ALGORITHM for beginners
DATA STRUCTURE AND ALGORITHM for beginnersSabitha Banu
 

Recently uploaded (20)

Proudly South Africa powerpoint Thorisha.pptx
Proudly South Africa powerpoint Thorisha.pptxProudly South Africa powerpoint Thorisha.pptx
Proudly South Africa powerpoint Thorisha.pptx
 
MARGINALIZATION (Different learners in Marginalized Group
MARGINALIZATION (Different learners in Marginalized GroupMARGINALIZATION (Different learners in Marginalized Group
MARGINALIZATION (Different learners in Marginalized Group
 
Like-prefer-love -hate+verb+ing & silent letters & citizenship text.pdf
Like-prefer-love -hate+verb+ing & silent letters & citizenship text.pdfLike-prefer-love -hate+verb+ing & silent letters & citizenship text.pdf
Like-prefer-love -hate+verb+ing & silent letters & citizenship text.pdf
 
What is Model Inheritance in Odoo 17 ERP
What is Model Inheritance in Odoo 17 ERPWhat is Model Inheritance in Odoo 17 ERP
What is Model Inheritance in Odoo 17 ERP
 
Types of Journalistic Writing Grade 8.pptx
Types of Journalistic Writing Grade 8.pptxTypes of Journalistic Writing Grade 8.pptx
Types of Journalistic Writing Grade 8.pptx
 
Computed Fields and api Depends in the Odoo 17
Computed Fields and api Depends in the Odoo 17Computed Fields and api Depends in the Odoo 17
Computed Fields and api Depends in the Odoo 17
 
Painted Grey Ware.pptx, PGW Culture of India
Painted Grey Ware.pptx, PGW Culture of IndiaPainted Grey Ware.pptx, PGW Culture of India
Painted Grey Ware.pptx, PGW Culture of India
 
OS-operating systems- ch04 (Threads) ...
OS-operating systems- ch04 (Threads) ...OS-operating systems- ch04 (Threads) ...
OS-operating systems- ch04 (Threads) ...
 
Crayon Activity Handout For the Crayon A
Crayon Activity Handout For the Crayon ACrayon Activity Handout For the Crayon A
Crayon Activity Handout For the Crayon A
 
Earth Day Presentation wow hello nice great
Earth Day Presentation wow hello nice greatEarth Day Presentation wow hello nice great
Earth Day Presentation wow hello nice great
 
POINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptx
POINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptxPOINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptx
POINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptx
 
How to Configure Email Server in Odoo 17
How to Configure Email Server in Odoo 17How to Configure Email Server in Odoo 17
How to Configure Email Server in Odoo 17
 
Full Stack Web Development Course for Beginners
Full Stack Web Development Course  for BeginnersFull Stack Web Development Course  for Beginners
Full Stack Web Development Course for Beginners
 
Introduction to AI in Higher Education_draft.pptx
Introduction to AI in Higher Education_draft.pptxIntroduction to AI in Higher Education_draft.pptx
Introduction to AI in Higher Education_draft.pptx
 
ENGLISH 7_Q4_LESSON 2_ Employing a Variety of Strategies for Effective Interp...
ENGLISH 7_Q4_LESSON 2_ Employing a Variety of Strategies for Effective Interp...ENGLISH 7_Q4_LESSON 2_ Employing a Variety of Strategies for Effective Interp...
ENGLISH 7_Q4_LESSON 2_ Employing a Variety of Strategies for Effective Interp...
 
18-04-UA_REPORT_MEDIALITERAСY_INDEX-DM_23-1-final-eng.pdf
18-04-UA_REPORT_MEDIALITERAСY_INDEX-DM_23-1-final-eng.pdf18-04-UA_REPORT_MEDIALITERAСY_INDEX-DM_23-1-final-eng.pdf
18-04-UA_REPORT_MEDIALITERAСY_INDEX-DM_23-1-final-eng.pdf
 
Enzyme, Pharmaceutical Aids, Miscellaneous Last Part of Chapter no 5th.pdf
Enzyme, Pharmaceutical Aids, Miscellaneous Last Part of Chapter no 5th.pdfEnzyme, Pharmaceutical Aids, Miscellaneous Last Part of Chapter no 5th.pdf
Enzyme, Pharmaceutical Aids, Miscellaneous Last Part of Chapter no 5th.pdf
 
Capitol Tech U Doctoral Presentation - April 2024.pptx
Capitol Tech U Doctoral Presentation - April 2024.pptxCapitol Tech U Doctoral Presentation - April 2024.pptx
Capitol Tech U Doctoral Presentation - April 2024.pptx
 
DATA STRUCTURE AND ALGORITHM for beginners
DATA STRUCTURE AND ALGORITHM for beginnersDATA STRUCTURE AND ALGORITHM for beginners
DATA STRUCTURE AND ALGORITHM for beginners
 
ESSENTIAL of (CS/IT/IS) class 06 (database)
ESSENTIAL of (CS/IT/IS) class 06 (database)ESSENTIAL of (CS/IT/IS) class 06 (database)
ESSENTIAL of (CS/IT/IS) class 06 (database)
 

Canada in the 1980s and 1990s

  • 1. Life in Canada (1980s & 1990s) Chapter 7
  • 3.
  • 5.
  • 7.
  • 8. Politics • Brian Mulroney (Progressive Conservative) won the federal election in 1984 after Pierre Trudeau retired. • He faced a massive federal debt created in the 1970s – retired from office in 1993 disgraced after NAFTA deal and creation of the GST, which decimated the party. • Jean Chretien (Liberal) became PM in 1993 (until 2003) and worked on ending the practice of running annual deficits. • By 1998, his gov’t managed to produce a budget surplus (taking in more money than it spends).
  • 9. New Political Parties In the 1990s, Chretien faced increased regional tensions, as Western Discontent increased, and Quebec separatism came to a head: 1.) The Bloc Quebecois • In 1993, led by Lucien Bouchard, became the official party of opposition. It was a separatist party seeking to achieve Quebec sovereignty. 2.) The Reform Party • Rose out of the union of the Alliance Party (Western Canada) and the dying Progressive Conservatives in 1993.
  • 10. • Became the the official opposition after the 1997 federal election. • The RP rose out of WD, as the Western provinces felt that their concerns were being ignored by the federal gov’t. • They wanted to reform the constitution to more fairly represent the Western provs. • They opposed bilingualism or any special status for Quebec, sought to cut social spending, and restrict immigration.
  • 11. Economy • In the 1980s, Mulroney followed a policy of neo- conservatism. • Involved a reduction of gov’t interference in the econ and an increase reliance on the market forces of supply and demand. • Mulroney cut back family allowances and old age pensions from the wealthy. • He also favoured business interests as part of his debt-reduction strategy – he believed that strengthening the private sector would help reduce the deficit.
  • 12. • In spite of his efforts, the annual deficit and the total national debt continued to grow throughout the Mulroney era. • The Canadian econ shifted from the production of consumer goods to the service industries – requiring a higher skilled workforce and fewer in numbers. • As a result of these changes and debt reduction strategies, the Canada experienced rising unemployment in the early 1990s and an increased gap between the rich and poor. • The number of Canadians living under the poverty line (spending more than 55% of income on food, clothing, and shelter) increased as well.
  • 13. Free Trade • PM Mulroney’s most significant contribution to the Can econ was the implementation of free trade agreements with the US and Mexico. • Free trade – a system of trading between countries without barriers such as tariffs (taxes) or quotas (limits on certain goods). • Mulroney believed that free trade would benefit Can businesses by increasing investment and trade. 1.) Free Trade Agreement (FTA) • Signed in 1989 with the US
  • 14. 2.) North American Free Trade Agreement (NAFTA) • In 1994, Mexico joined. Pros: • Helped to improve the Can econ by increasing trade with the US • By leading to an increase in US investment Cons: • Can jobs lost due to relocation • Can companies moved to the US or Mexico • Can companies sold to US companies • Overall not successful in the early 1990s due to a continuing global recession.
  • 15. Canadian-American Relations 1.) CANADARM 2.) The Strategic Defense Initiative (SDI) 3.) Pacific Salmon Wars 4.) Landmines 5.) The Kyoto Accord 6.) The War on Terror