1974 Canadian Federal Election
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1974 Canadian Federal Election
The 1974 Canadian federal election was held on July 8, 1974, to elect members of the House of Commons of Canada of the 30th Parliament of Canada. The governing Liberal Party was reelected, going from a minority to a majority government, and gave Prime Minister Pierre Trudeau his third term. The Progressive Conservatives, led by Robert Stanfield, did well in the Atlantic provinces, and in the West, but the Liberal support in Ontario and Quebec ensured a majority Liberal government. Overview The previous election had resulted in the Liberals emerging as the largest party, but far short of a majority, and only two seats ahead of the Progressive Conservatives. They were able to form a government with the support of the New Democratic Party, but the NDP withdrew their backing in May 1974 and voted with the Progressive Conservatives to bring down Trudeau's government in protest of a budget proposed by finance minister John Turner, which the opposition parties felt did not go far ...
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Percentage Point
A percentage point or percent point is the unit (measurement), unit for the Difference (mathematics), arithmetic difference between two percentages. For example, moving up from 40 percent to 44 percent is an increase of 4 percentage points, but a 10-percent increase in the quantity being measured. In literature, the unit is usually either written out, or abbreviated as ''pp'' or ''p.p.'' to avoid ambiguity. After the first occurrence, some writers abbreviate by using just "point" or "points". Differences between percentages and percentage points Consider the following hypothetical example: In 1980, 50 percent of the population smoked, and in 1990 only 40 percent of the population smoked. One can thus say that from 1980 to 1990, the prevalence of smoking decreased by 10 ''percentage points'' (or by 10 percent of the population) or by ''20 percent'' when talking about smokers only - percentages indicate proportionate part of a total. Percentage-point differences are one way to ex ...
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Anti-Inflation Act
The Anti-Inflation Act (french: Loi anti-inflation) was an Act of the Parliament of Canada, introduced by Prime Minister Pierre Trudeau's government and passed in 1975, which aimed to slow down the rapidly increasing price and wage inflation. Background Prior to 1975, the Bank of Canada had warned the government about the dangers of the current inflation which was roughly 10% per year. In response, the government introduced Bill C-73, the precursor to the Act, to the Parliament of Canada. Previously, Pierre Trudeau had mocked the idea in the 1974 Canadian federal election. The Act Amongst its many controls, it limited pay increases for federal public employees and those in companies with more than 500 employees to 10 per cent in the first year, 8 per cent the next, and 6 per cent thereafter. Additionally, the Anti-Inflation Board was created to set wages and prices.The price and wage controls were enforced until 1978, and the act was repealed in 1979. A similar program aim ...
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Inflation
In economics, inflation is an increase in the general price level of goods and services in an economy. When the general price level rises, each unit of currency buys fewer goods and services; consequently, inflation corresponds to a reduction in the purchasing power of money. The opposite of inflation is deflation, a sustained decrease in the general price level of goods and services. The common measure of inflation is the inflation rate, the annualized percentage change in a general price index. As prices do not all increase at the same rate, the consumer price index (CPI) is often used for this purpose. The employment cost index is also used for wages in the United States. Most economists agree that high levels of inflation as well as hyperinflation—which have severely disruptive effects on the real economy—are caused by persistent excessive growth in the money supply. Views on low to moderate rates of inflation are more varied. Low or moderate inflation may be attri ...
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John Turner
John Napier Wyndham Turner (June 7, 1929September 19, 2020) was a Canadian lawyer and politician who served as the 17th prime minister of Canada from June to September 1984. He served as leader of the Liberal Party of Canada and leader of the Official Opposition from 1984 to 1990. Turner practised law before being elected as a member of Parliament in the 1962 federal election. He served in the cabinet of Prime Minister Pierre Trudeau as minister of justice and attorney general from 1968 to 1972, and minister of finance from 1972 to 1975. As a cabinet minister, Turner came to be known as a leader of the Business Liberal faction of the Liberal Party. Amid a global recession and the prospect of having to implement unpopular wage and price controls, Turner resigned from his position in 1975. From 1975 to 1984, Turner took a hiatus from politics, working as a corporate lawyer on Bay Street. Trudeau's resignation in 1984 triggered a leadership election, in which Turner succe ...
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New Democratic Party
The New Democratic Party (NDP; french: Nouveau Parti démocratique, NPD) is a federal political party in Canada. Widely described as social democratic,The party is widely described as social democratic: * * * * * * * * * * * * the party occupies the left, to centre-left on the political spectrum, sitting to the left of the Liberal Party. The party was founded in 1961 by the Co-operative Commonwealth Federation (CCF) and the Canadian Labour Congress (CLC). The federal and provincial (or territorial) level NDPs are more integrated than other political parties in Canada, and have shared membership (except for the New Democratic Party of Quebec). The NDP has never won the largest share of seats at the federal level and thus has never formed government. From 2011 to 2015, it formed the Official Opposition, but apart from that, it has been the third or fourth-largest party in the House of Commons. However, the party has held considerable influence during periods o ...
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Quebec
Quebec ( ; )According to the Canadian government, ''Québec'' (with the acute accent) is the official name in Canadian French and ''Quebec'' (without the accent) is the province's official name in Canadian English is one of the thirteen provinces and territories of Canada. It is the largest province by area and the second-largest by population. Much of the population lives in urban areas along the St. Lawrence River, between the most populous city, Montreal, and the provincial capital, Quebec City. Quebec is the home of the Québécois nation. Located in Central Canada, the province shares land borders with Ontario to the west, Newfoundland and Labrador to the northeast, New Brunswick to the southeast, and a coastal border with Nunavut; in the south it borders Maine, New Hampshire, Vermont, and New York in the United States. Between 1534 and 1763, Quebec was called ''Canada'' and was the most developed colony in New France. Following the Seven Years' War, Quebec b ...
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Ontario
Ontario ( ; ) is one of the thirteen provinces and territories of Canada.Ontario is located in the geographic eastern half of Canada, but it has historically and politically been considered to be part of Central Canada. Located in Central Canada, it is Canada's most populous province, with 38.3 percent of the country's population, and is the second-largest province by total area (after Quebec). Ontario is Canada's fourth-largest jurisdiction in total area when the territories of the Northwest Territories and Nunavut are included. It is home to the nation's capital city, Ottawa, and the nation's most populous city, Toronto, which is Ontario's provincial capital. Ontario is bordered by the province of Manitoba to the west, Hudson Bay and James Bay to the north, and Quebec to the east and northeast, and to the south by the U.S. states of (from west to east) Minnesota, Michigan, Ohio, Pennsylvania, and New York. Almost all of Ontario's border with the United States f ...
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Western Canada
Western Canada, also referred to as the Western provinces, Canadian West or the Western provinces of Canada, and commonly known within Canada as the West, is a Canadian region that includes the four western provinces just north of the Canada–United States border namely (from west to east) British Columbia, Alberta, Saskatchewan and Manitoba. The people of the region are often referred to as "Western Canadians" or "Westerners", and though diverse from province to province are largely seen as being collectively distinct from other Canadians along cultural, linguistic, socioeconomic, geographic, and political lines. They account for approximately 32% of Canada's total population. The region is further subdivided geographically and culturally between British Columbia, which is mostly on the western side of the Canadian Rockies and often referred to as the " west coast", and the "Prairie Provinces" (commonly known as "the Prairies"), which include those provinces on the easter ...
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Atlantic Canada
Atlantic Canada, also called the Atlantic provinces (french: provinces de l'Atlantique), is the region of Eastern Canada comprising the provinces located on the Atlantic coast, excluding Quebec. The four provinces are New Brunswick, Newfoundland and Labrador, Nova Scotia, and Prince Edward Island. As of 2021, the landmass of the four Atlantic provinces was approximately 488,000 km2, and had a population of over 2.4 million people. The provinces combined had an approximate GDP of $121.888 billion in 2011. The term ''Atlantic Canada'' was popularized following the admission of Newfoundland as a Canadian province in 1949. History The first premier of Newfoundland, Joey Smallwood, coined the term "Atlantic Canada" when Newfoundland joined Canada in 1949. He believed that it would have been presumptuous for Newfoundland to assume that it could include itself within the existing term "Maritime provinces," used to describe the cultural similarities shared by New Brunswick, Prince ...
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Progressive Conservative Party Of Canada
The Progressive Conservative Party of Canada (PC; french: Parti progressiste-conservateur du Canada) was a centre-right federal political party in Canada that existed from 1942 to 2003. From Canadian Confederation in 1867 until 1942, the original Conservative Party of Canada participated in numerous governments and had multiple names. In 1942, its name was changed to the Progressive Conservative Party under the request of Manitoba Progressive Premier John Bracken. In the 1957 federal election, John Diefenbaker carried the Tories to their first victory in 27 years. The year after, he carried the PCs to the largest federal electoral landslide in history (in terms of proportion of seats). During his tenure, human rights initiatives were achieved, most notably the Bill of Rights. In the 1963 federal election, the PCs lost power. The PCs would not gain power again until 1979, when Joe Clark led the party to a minority government victory. However, the party lost power only ...
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Liberal Party Of Canada
The Liberal Party of Canada (french: Parti libéral du Canada, region=CA) is a federal political party in Canada. The party espouses the principles of liberalism,McCall, Christina; Stephen Clarkson"Liberal Party". ''The Canadian Encyclopedia''. and generally sits at the centre to centre-left of the Canadian political spectrum, with their rival, the Conservative Party, positioned to their right and the New Democratic Party, who at times aligned itself with the Liberals during minority governments, positioned to their left. The party is described as "big tent",PDF copy
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practising "brokerage politics", attracting support from a broad spectrum of voters. The Liberal Party is the longest-serving and oldest active federal political party in the country, and has dominated federal