- Wheat on the Prairies: Countries in Europe still suffering
from the effects of war were demanding food as a result the price went
up. Canada farmers enjoyed huge crops and as a result made big profits.
This money was reinvested into Trucks, Mechanical harvester, and new
stains of wheat. As a result production increased, grain elevators were
full and prices remained high.
-Pulp and Paper: The U.S. had used up much of its sources of
pulpwood as a result Canadian pulp exports equaled the total exports of
the rest of the world providing many jobs. The boom had a down side as
forests were destroyed, the Canadian economy became dependent on raw
materials and Canadians follow these jobs to the U.S.
- Hydro Electric Power: New industries and people in their
homes made increased demands on hydro power and Canada with itís vast
river systems soon became the second largest producer of hydro power in
- Oil and Gas: Factories and the increased use of the car put
a huge demand on oil and gas. The discovery of oil in Alberta in 1924
became a great money maker.
* The increased use of hydro and oil and gas hurt the Maritimes which
was a producer of coal, the energy source that was being replaced by
hydro and oil and gas.