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How Did The Great Depression Affect Canada

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How Did The Great Depression Affect Canada
The Great Depression was one of the hardest times in history for Canada. It began after the stock market crash of October 1929, which wiped out millions of investors. The stocks which people invested their savings in couldn’t be converted into money. Many lost all that they had trying to pay back bank loans. This is led to homelessness and poverty. Almost all companies were forced into bankruptcy as they had no money to pay for their loans. Several people lost their jobs due to companies shutting down. It was from this moment when Canada's economy severely began to suffer. Most Canadian’s were forced to live on the streets with no shelter or food. 1 out of 4 people were unemployed and there weren’t many ways to make money. Canada’s birthrate
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