The Cross of Gold : Money and the Canadian Business Cycle, 1867-1913

An intriguing view of the Canadian economy before WWI, this study fills a gap in the existing literature on the economic history of Canada.

Using improved monetary statistics, the author explains how the business cycle worked under the gold standard, and takes an in-depth look at the roles the banks, the government and the public played in relation to Canada's balance of payments and the gold stock.