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Trade Troubles

Trade Troubles. Yet Another Reason For Confederation. Review. On a piece of paper, write down three things you know about… American Civil War Fenian Raids How do they relate to confederacy?. A Trade Agreement.

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Trade Troubles

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  1. Trade Troubles Yet Another Reason For Confederation

  2. Review • On a piece of paper, write down three things you know about… • American Civil War • Fenian Raids • How do they relate to confederacy?

  3. A Trade Agreement • Before 1846 the British North American colonies enjoyed a special trade policy with Britain. • Britain allowed wheat and flour into their ports with a low tax. • This policy was known as preference.

  4. PM & Queen Having A Chat “I’m sorry, Mr. Harper. Trading the Biebs for 1Direction just isn’t a fair deal.”

  5. Trade No More • In 1846 the laws ensuring cheap trade were revoked, meaning that the British stopped importing cheap goods from Canada

  6. Who Do You Turn To? • So, the Canadians figured they were in a tight spot. They needed someone to keep buying their natural resources that were up until now being used by the British. • Who should step in and help? The answer is…

  7. ‘MURICA!

  8. A New Agreement • In 1854 the Elgin-Marcy treaty was signed. • This treaty ensured that the Canadians and Americans would have free trade across their borders (at least for a little while). • Specifically, timber and wheat were imported in large quantities.

  9. The Burning Question • Everyone in Canada wondered if this was a tactic by the Americans to eventually absorb the British colonies. • The Canadians didn’t want to seem too dependent on the Americans, even if they were getting a good deal.

  10. No Givesies-Backsies • The Americans finally revoked this treaty as well in 1866 • The first reason was because the Canadians were the only ones really benefiting from the agreement. • The second reason was that the Americans were still angry at the British for helping the south in the civil war.

  11. Confederacy • The Canadians decided it would be best to have free trade agreements amongst all the British colonies. If they were helping each other out they might as well become a single nation, so the idea of confederacy continued to be thrown around.

  12. Down The Road…

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