Halton Hills Newspapers

Georgetown Herald (Georgetown, ON), February 13, 1991, p. 20

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HISTORY Page MONEY TALK Wednesday February The ten year disaster The Great Depression of the ITS YOUR 1930s beat Canada up pretty badly Not only did we have to contend with the collapse of world trade our west cm provinces were also treated to the worst drought grasshopper infesta tion and dust storm conditions in their history The disaster started with the stock market crash on Wall Street in International trade dried up and because of Canada depen dence on exports he economy was devastated This plus a cruel climate that turned the Prairies into a dust bowl put the country in a sad position By 1933 of the labour force was unemployed Wages dropped Pncci fell even further Not everyone suf fcred Those with secure incomes benefitted from dirt cheap prices but many lost everything Examples of in the fiscal collapse of the four west cm provinces and hundreds of mumci Unemployment relief camps wen established paid single men tents a day to do construction work Conditions were poor and discontent ran high It culminated the On to Ottawa Trek that saw hundreds of pro testers jumping ihc CPR freight trams Riding the Rods to Ottawa The march ended with the Regina Riot July I I91S Prime Minister Bennett re the protesters demands and the RCMP the to disperse and return home Conditions in the camps gradually improved Other than an entrenched frugality among those who survived the period heart wrenching Jelics sent to Prime the Great Depression resulted in the Minister Bennett pleading for help emergence strengthened social can be found at the National Archive of Canada in Ottawa There was little comfort tar farm the young or the Government and business were help less in the face of this onslaught The welfare was mad equate The federal administrations or Bennett and Mackenzie King did little to create jobs laving this re at the feet local and provincial governments This resulted democratic political movement and the expansion in olv in social programs and the economv not be the right word however the outbreak of War II ided the necessarv to drive the out of For information on this and other less depressing periods in Can adian contact the National Canada in Ottawa If you qualify you can get a cheque for 85 of the first 300 of your tax refund and 95 of the rest Plus your tax return will be accurately prepared at no extra charge So why wait for the refund cheque to arrive by mail Ask about Cash Back at HR Block and get your refund fast Under New Ownership In A New 7 JAMES STREET Off Main St Downtown Georgetown 8737855 We cant predict the future but we can help you plan for it These days earning a good income just isnt enough to insure a secure future You need to have a plan that will put your money to work for you now and will continue to keep on working long after you retire Our certified financial planners can help you achieve longrange financial security and growth We can assist you with tax planning business planning and retirement planning as well as perform a comprehensive review of your investments and insurance We take a look at the big picture including an assessment of your current financial situation where you want to be and how to get there Make today the beginning of a sound financial future Call us Goebeile Alexander Chartered Accountants WITH THREE LOCATIONS TO SERVE YOU GEORGETOWN BRAMPTON Main St South Regan 8405518 6549B 8266352

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