Why Is The Great Depression In Canada

231 Words1 Pages
The Depression in Canada put many Canadians in a tight spot, and as a result new political parties emerged to help Canadians. One of the new political parties that emerged was The Co-operative Commonwealth Federation (CCF.) The CCF was formed in 1932 and was the first party of its kind in Canada. The Regina Manifesto (CCF 'S platform) opposed free-market economics and supported public ownership of key industries. The CCF also promoted social programs to aid the elderly, the homeless, the sick, and the unemployed. The Social Credit Party also came into existence during this time. This party strongly opposed capitalism and believed it was a wasteful economy. The leader of the party, William Aberhart, believed the government should released money