Analysis

After world war 1, Canada needed money. Also, there were low demands for resources since so many factories shut down in fear of the future economy. So, they issued out bonds for people to purchase. Effectively, this increases their total. It did not work because they could not pay it back. A total of 2 billion dollars raised.

Evaluation

Short term

Of course, it increased government budget.

Long run

• Canadian government could not pay back the money.
• Passes debt to future generations.