<P> In the midst of the Great Depression, the Crown - in - Council attempted to uplift the people, and created two national corporations: the Canadian Radio Broadcasting Commission (CRBC), and the Bank of Canada . The former, established in 1932, was seen as a means to keep the country unified and uplifted in these harsh economic times . Many poor citizens found radio as an escape and used it to restore their own faiths in a brighter future . Broadcasting coast to coast mainly in English, with some French, primarily in Quebec, the CRBC played a vital role in keeping the morale up for Canadians everywhere . The latter was used to regulate currency and credit which had been horribly managed amongst Canadian citizens in the prior years . It was also set up to serve as a private banker's bank and to assist and advise the Canadian government on its own debts and financial matters . The bank played an important role to help steer government spending in the right direction . The bank's effort took place through the tough years of the depression and on to the prosperity that followed into and after the Second World War . </P> <P> Both of these corporations were seen as positive moves by the Canadian government to help get the economy back on track . 1937 was an important year in the recovery from the Great Depression . The Bank of Canada was nationalized in that year, and the Canadian Radio Broadcasting Commission (CRBC) became the Canadian Broadcasting Corporation (CBC) in that same year . Both corporations were successful aids in the cultural and financial recovery of the Canadian economy during the Great depression . </P> <P> It took the outbreak of World War II to pull Canada out of the depression . From 1939, an increased demand in Europe for materials, and increased spending by the Canadian government created a strong boost for the economy . Unemployed men enlisted in the military . By 1939, Canada was in the first prosperity period in the business cycle in a decade . This coincided with the recovery in the American economy, which created a better market for exports and a new inflow of much needed capital . </P>

Who was affected by the great depression in canada