The WeIland Canal and Canadian Development

Abstract

<p>A study of the Welland Canal Company in the years 1823 to 1833, and its implications for Canadian development. The role of the entrepreneur is emphasized, and this, it is argued, is the major force in economic development. The ethnic and geographic origin of the workers is examined, along with the conditions of work and the ways in which they are controlled. The division between industrial and financial capital that exists in Canadian today is, it is argued, one of the by-products of the way in which the Welland Canal was organized and financed.</p>