Canadian Politics/Labour the Postwar Period Term Paper

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In this sense, there were changes that took place according to the system exported by the United States through the Canadian perspective. Thus, it "integrated itself into an emerging, common, North American discourse, that nationalists, opposed to 'American domination', aligned themselves with, or made common cause with, socialists, opposed to both national and international capitalist organization"

The important changes that took place however at the level of the economy represented the openness towards private investment and foreign assistance. Indeed, much of it was viewed by the nationalists as a means of controlling the economy by foreigners and in particular U.S. traders. Still, this shift in perspective was largely due to the new political leadership in power. More precisely, the fact that politically speaking there was a change in perspective, from an economic point-of-view the change was also felt. This is the connection most analysts try to make concerning the transformation of Canada. In this sense, "the new Canadian political economy strives for transformation in the double sense- social change within society and changes to political economy itself as it develops as a tradition.

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" However, as the authors tend to point out there is a wide concern regarding the possibility of Canada to shift from a regional economy created in the early years following the war to a global one. The major issues are related to the financing sector as well as the actual means of transformation of the economy.

The Canadian economy has always focused on its exports and on the means available for the regulation of markets. However, in an era of globalization the markets are the ones establishing the rules of trade. At the same time, the needs of the population must be met at a higher level due to the pressures the society can make on the leaders. From this point-of-view, Canadian leadership "enacted a national social security system (the Canada Pension Plan) and a national health insurance program." Therefore, it can be said that the Canadian government tried to adapt the society as well as the economy to the increasing needs of globalization......

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