The National Policy Flashcards
1
Q
What event(s) preluded the National Policy?
A
An economic slowing in Europe, and a period of economic depression in the Dominion of Canada.
2
Q
What three components made up the National Policy?
A
Increased custom duties, construction of the transcontinental railway, and an increase in immigration
3
Q
What was the main purpose of the tariffs introduced in the National Policy?
A
Mitigate the risk American companies posed to the Canadian economy and force the population to buy local instead of foreign products.