Economy, Natives Flashcards
How did the crisis in public financing happen?
The government spending exceeded its revenue –> The government takes out loans to cover its deficit –> The public debt grows steadily between 1982 and 1999
What is conservatism?
A return to traditional values and ways of life
What is NAFTA?
North American Free Trade Agreement; Canada, the US and Mexico formed a mutually beneficial economic arrangement in which goods and people could circulate freely (ended high taxes and limits on trade)
What is La Paix des Braves?
Agreement between Qc government and Cree community to development resources in James Bay in exchange for $4.5 billion
What is The Oka Crisis (1990)?
Mayor of Oka announced a project to expand the golf course. Mohawks claimed ownership of land saying it was a burial ground. Peaceful protests were ignored and no compromise was met. Mohawks blocked access to several major roads. The police intervened and one officer was shot. More Mohawk communities got involved. Eventually, negotiations continued - federal government purchased land and left its management to the Mohawks.
