Staff Working Paper/Document de travail du personnel 2018-42 Responding to the First Era of Globalization: Canadian Trade Policy, 1870–1913 by Patrick Alexander and Ian Keay Bank of Canada staff working papers provide a forum for staff to publish work-in-progress research independently from the Bank’s Governing Council. This research may support or challenge prevailing policy orthodoxy. Therefore, the views expressed in this paper are solely those of the authors and may differ from official Bank of Canada views. No responsibility for them should be attributed to the Bank. www.bank-banque-canada.ca Bank of Canada Staff Working Paper 2018-42 August 2018 Responding to the First Era of Globalization: Canadian Trade Policy, 1870–1913 by Patrick Alexander1 and Ian Keay2 1 International Economic Analysis Department Bank of Canada Ottawa, Ontario, Canada K1A 0G9
[email protected] 2 Department of Economics Queen’s University Kingston, Ontario, Canada K7L 3N6
[email protected] ISSN 1701-9397 © 2018 Bank of Canada Acknowledgements The authors thank seminar participants at the 2016, 2017, and 2018 CEA Annual Meetings, Carleton University, and the Université de Montréal for their thoughtful comments and suggestions. Frank Lewis, Eugene Beaulieu, Jevan Cherniwchan, and Alexander Chernoff generously provided data and support for this project. Katrina Brazzell, Bill Dorval, Hannah Keay, and Xiangtao Meng contributed excellent research assistance. The views expressed in this paper are solely those of the authors and may differ from official Bank of Canada views. No responsibility for them should be attributed to the Bank. The authors accept responsibility for all remaining errors and omissions.