<P> Canada was hit hard by the Great Depression . The worldwide depression that started in the United States in late 1929 quickly reached Canada . Between 1929 and 1939, the gross domestic product dropped 40% (compared to 37% in the US). Estimates show that unemployment reached up to 27% at the depth of the Depression in 1933 . Many companies closed, as corporate profits of $398 million in 1929 turned into losses of $98 million as prices fell . Farmers in the Prairies were hit especially hard by the collapse of wheat prices . Despite the emergence of numerous radical parties, the government was run by the major parties . The Depression ended in 1939 as World War II began . </P> <P> By 1930, 30% of the labour force was out of work, and one fifth of the population became dependent on government assistance . Wages fell, as did prices . Gross National Expenditure had declined 42% from the 1929 levels . In some areas, the decline was far worse . In the rural areas of the prairies, two thirds of the population were on relief . </P>

When did the great depression start and end in canada
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