The Hydro-Electric Power Commission of Ontario was established in 1906 as a publicly owned provincial utility. The main function of this commission was to build transmission lines that were to supply municipal utilities with privately generated electricity by companies that were already operational in Niagara Falls. The commission latter constructed public generation resources through the development of hydroelectric sites, and expanding coal-fired generation and nuclear-powered amenities.
The Canadian National Railway was first incorporated in 1919 following the bankruptcy of several railways. It is a Canadian railway company serving the Canada, and the Southern and Midwest United States. It currently serves as freight railway, but also run passenger services up to 1978.
The Liquor Control Board of Ontario was created in 1927 following the abolition of prohibition on alcohol in 1916, thereby easing the sale of liquor, beer, and wine through a series of retail stores.
Previously known as Canadian Radio Broadcasting Corporation in 1932, the ‘R’ was removed in 1936 to remain as The Canadian Broadcasting Corporation. It sought to address the rising concern about the growing influence of radio coverage from the United States since the 1920s as well as the establishment of a radio network by the Canadian railway system aimed at entertaining the passengers.
Unemployment insurance refers to the social welfare benefits that the state or other bodies make to the unemployed population during the unemployment period. The first formal and compulsory unemployment was introduced in Canada in 1940. However, the Royal Commission on Industrial Relations made previous attempts in 1919.
The General Agreement on Tariffs and Trade sought to establish multilateral institutional framework to govern world trade in the post war era. Canada joined it in 20 October 1947.
Before oil and gas was discovered in Alberta on February 13, 1947, the province was majorly focused on agriculture. However, the discovery of these products led to the improvement of economic, social and political climates of the province.
The Saint Lawrence Seaway was named for Saint Lawrence River flowing into the Atlantic Ocean form Lake Ontario. It refers to a system of canals, locks, and channels permitting vessels headed for the ocean to travel to the Great lakes from the Atlantic Ocean
The TransCanada pipeline refers to a scheme of natural gas pipelines that transport gas through Alberta, Ontario, Manitoba, Quebec, and Saskatchewan. It was completed to Toronto on October 10, 1958.
The Trans-Canada Highway refers to a Canadian highway system travelling between its ocean coasts to the east and west, which was officially opened in 1962.
Equalization Program refers to the program used by the Canadian government to provide payments to poor Canadian provinces in order to achieve equality in their fiscal capacities. It was first introduced in Canada in 1957
Canada adopted the Points System for accepting immigrants on basis of education, language skills, etc., without regard to ethnicity in 1967.
Medicare in Canada refers to the Health insurance system that is publicly funded. It was first launched in 1947, and Northwest Territories was the last province to sign it.
The Auto Pact is a trade agreement between the United States and Canada signed on January 1965 aimed at removing tariffs on trucks, cars, tires, buses, and automotive parts.
The Canadian Pension Plan refers to the retirement pension system that provides benefits to citizens in the form of a social insurance system. It was first established in 1965.
The Official Languages Act refers to a Canadian law enforced in September 9, 1969 allowing English and French languages similar status in the government.
Petro-Canada was created in the mid 1970s by the federal government to solve the world energy crisis and the rising costs of energy as well as the Canadian Economic Nationalism
The North American Free Trade Agreement refers to the trade agreement signed between Canada, the United States and Mexico to create a trade bloc in the North American Region in 1994.
Major Canadian banks proposed to merge in 1998 on the grounds that the move would increase their competitive advantage in the global banking industry.
The dot.com boom took place at around 1929 after the stock market crash. The Canada Banking Company symbolized this boom