CANADA: The Surprising '50s

Canada, most prosperous nation in the world after the U.S., closed one of its brawniest years in a brawny decade. "Canadians in 1959," reported President A. C. Ashforth of the Toronto-Dominion Bank, "produced more, imported more, exported more, spent more, and saved more than in any previous year."

To the 17½ million Canadians the gains were apparent: annual per-capita income during the decade soared from $940 to $1,500, and the work week shrank from 40 to 37.9 hours. In recognition of the new prosperity, the Dominion Bureau of Statistics will soon scrap the list of 300 commodities on which it...

Want the full story?

Subscribe Now


Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!