Economic Problems/Policies of CanadaAnswer 1) Hydro Electric Power Generation of Ontario was established in 1906 in Ontario, Canada. It was an electric utility created for the purpose of working with private companies already working in Niagara Falls and building transmission lines to supply municipal utilities with electricity generated by the private companies. Answer 2) Canadian National Railways was founded in the year 1918 by the Canadian government. The railway company has the largest rail network and best revenue figures in Canada and currently serves the Atlantic coast of Nova Scotia to the Pacific coast of British Columbia. Answer 3) Founded in 1927, the Liquor Control Board of Ontario (LCBO) was established in the province of Ontario for the purpose of selling liquor, wine and beer through a chain of retail stores and revoke the ban imposed in 1916. Today, only LCBO stores are allowed to sell spirits distilled in Ontario and thus the creation of the LCBo relaxed Ontario's temperance regime . Answer 4) Founded in 1936, the Canadian Broadcasting Corporation (CBC) is the oldest existing radio and television broadcaster in Canada. The company offers several radio and television services in Canada. Answer 5) Unemployment benefits are social benefits paid to the unemployed by the national administration or state agencies. Benefits granted to the unemployed are limited to covering basic needs. In Canada, the federal government passed the Unemployment Insurance Act in 1940, establishing a national public unemployment insurance system. The project was funded by contributions from various groups middle of paper...... The Free Trade Agreement (NAFTA) is a trade agreement that came into force in 1994 to eliminate all barriers to both trade and investment between the United States, Mexico and Canada. Answer 19) In 1998, the Bank of Montreal proposed a merger with the Royal Bank and around the same time, the Canadian Imperial Bank of Commerce proposed a merger with the Toronto-Dominion Bank. However, the mergers were rejected by Canada's competition review body Beaureau and the rejection was upheld by the then Minister of Finance based on high user fees and local branch closures . Answer 20) After the downtrend of 1987, the Toronto Stock Exchange in the early 1990s. We saw an Internet bubble led by computer and technology stocks with the advent of the personal computer era which proved necessary both for households and businesses. It was Microsoft that benefited greatly from the Internet bubble..