The CNR- Creating a Crown Corporation

Amempts to encourage a second naonal railway

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: 1944 to 47 are the “heyday” of crown corpora*ons 15 Government Expenditures •  Government moves into areas formerly reserved for the private sector •  Government expenditures grow from about 10 percent of GDP at beginning of century to 25 percent in mid- century •  Now, we’re number 43 in the world with about 48.5 percent. US is number 144 with about 19.9 percent 16 Social Safety Net •  Workmen’s Compensa*on Ontario 1914 •  Unemployment Insurance 1940 •  Hospital care in Saskatchewan in 1946 and Alberta in 1950 •  CMHC in 1954 •  Hospital care extends across the country in 1957 •  Saskatchewan Health Care in 1961 •  Na*onal Universal Health Care in 1966 17 Irra*onal Exuberance? •  By 1990 – 38 cents of every tax dollar was spent paying interest on governme...
View Full Document

Ask a homework question - tutors are online