The Causes and Consequences
of The Depression

Government relief payments

Had to publicly declare bankruptcy

Many families lost everything

High suicide rate

Most industry workers were left unemployed but
wealthy middle class Canadians noticed little change

Jobless young men starting "Train Riding"

In order to find a job

Stock Market Crash

"Buy now, Pay later"

Stock prices went up past vaule

Sellers began to sell

Oct 29 1920 New York, Toronto, Montreal: Stock markets collapse

Canada introduced tarrifs

Canada's reliance on trade with America

Influenced other countires to follow