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Many people did not see the
Great Depression coming,
Including Politicians. All of
them had been caught up in Order Custom Canadas great depression paper
the long run of prosperity in
the 10s. Prime minister
King thought that the stock
market crash in October 1Prime Minster King
would only be temporary for
Canada's economy. The fall of wheat prices at the time was more troubling for the country, but price swings were part of the business cycle and did not shock Canada's leaders. The rising number of unemployed workers could also be explained as part of the business cycle during poor economic times. Many companies often laid off workers for one, two, or even three months every winter and rehired them in the spring. With all these problems going on in the economy Mackenzie King still remained confident that the economy would correct itself and planned for his next election in 10
10 Election; King vs
Bennett
Prime minister King faced a
new opponent in the leader
of the Conservative party.
Richard B. Bennett, a
Millionaire lawyer from Calgary.
Bennett had been elected leader of
the Conservative party in 17 and
was ready to pour $ 600 000 of his
own money to defeat King and the
Liberals. Prime Minister King believed
that he could win the election for these
reasons he lowered taxes, achieved a
balanced budget, and increased trade
with Britain. He thought his government
had done a good job since 16 and the
country prospered.
Canada's economy had not recovered in
the spring of 10. Unemploymentremained high in many cities, and the drought reduced job opportunities and
income for many people. King did not increase taxes or borrow money to help the unemployed. Richard Bennett proposed a different image to Canadian voters in 10. He went across the Country giving speeches in which he promised to increase tariffs against any country that raised tariffs against Canadian products, and promised millions of dollars to the provinces for building projects and for relief of the unemployed. The election was held on July 8, 10 and voters
Rejected King and voted for Bennett. Bennett quickly kept his promises by passing laws to grant $0 million in emergency aid to the provinces. Prime Minister Bennett's attempts to solve the problems of the Great Depression were not enough and did little to help the unemployed.
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