Impact of National Policy Tariffs
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Positive Impact
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Negative Impact |
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Protects Infant Canadian Industry
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Beginning of branch-plant economy = American control |
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Protects Jobs in Canada
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Industry is restricted to our national market = small |
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Helps create new Industry
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Industry is uncompetitive, weak – must continue to protect it |
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Transfers technology to Canada
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Keeps Canadians in Canada
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Not enough jobs created – emigration continues |
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Raises revenue for the government
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Helps create East-West/national economy |
Regional and class bias; profits central Canada and the industrial class
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Frequent corruption associated with the tariffs
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Increases the cost of living, decreases the standard of living* |