Trudeau's Economical Policy Analyse

New changes in capitalistic countries' economy and the relation of production took place in the 1970s, "The stagflation" in many capitalistic countries appeared. The Keynesian couldn't solve this new economical stubborn illness, getting to decay gradually.Canada was also inevitably involved in this economical turbulence: Sluggish economic growth coupled with high rate of inflation and unemployment. Trudeau took office against the economical background. How to deal with the serious economical problems in Canada became his urgent affairs.Trudeau took measures to resolve Canadian serious economical problems: he founded Foreign Investment Review Agency aimed at America to protect Canadian National Economy; He provided funds for the system of Canadian social security at the cost of large budget deficits; he carried out the reform of energy policy successively, resulting in complaints from provinces where there are plenty of energy; he carried out the policy controlling wage and price so that to settle the inflation in Canada; In pursuit of justice all his life, he devoted himself to making Canada a really just society for all Canadians.Trudeau did his best and devoted himself to the development and improvement of Canadian economical embarrassment. Although he made some mistakes in economical policy, gaining limited success, he still had a great influence on Canadian economy. Therefore, his economical heritage both positive and negative should be taken seriously and do thorough research, which is also an indispensable part in studying the development of Canadian economy.