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Black Wednesday, or the 1992 sterling crisis, was a financial crisis that occurred on 16 September 1992 when the UK Government was forced to withdraw sterling from the (first) European Exchange Rate Mechanism (ERM I), following a failed attempt to keep its exchange rate above the lower limit required for ERM participation.
Black Loyalists were people of African descent who sided with the Loyalists during the American Revolutionary War. [ 1] In particular, the term refers to men who escaped enslavement by Patriot masters and served on the Loyalist side because of the Crown 's guarantee of freedom. Some 3,000 Black Loyalists were evacuated from New York to Nova ...
However more black Loyalists were free, having been given their freedom from slavery by fighting for the British or joining British lines during the Revolution. The government helped them resettle in Canada as well, transporting nearly 3,500 free blacks to New Brunswick. [6]
The Wall Street Crash of 1929, also known as the Great Crash, Crash of '29, or Black Tuesday, [1] was a major American stock market crash that occurred in the autumn of 1929. It began in September, when share prices on the New York Stock Exchange (NYSE) collapsed, and ended in mid-November. The pivotal role of the 1920s' high-flying bull market ...
The practice of slavery in Canada by colonists effectively ended early in the 19th century, through local statutes and court decisions resulting from litigation on behalf of enslaved people seeking manumission. [ 3] The courts, to varying degrees, rendered slavery unenforceable in both Lower Canada and Nova Scotia.
African Americans. There is an African American diaspora in Canada . Around 15,000 to 20,000 African Americans settled in Canada between the years 1850 and 1860. [ 1] In the 1820s, Canada saw a trickle of fugitive African American slaves from the United States. Eventually, these black fugitives from American slavery crossed into British North ...
Canada's economy is considered to have been in recession for two full years in the early 1990s, specifically from April 1990 to April 1992. [7] [8] [a] Canada's recession began about four months before that of the US, and was deeper, likely because of higher inflationary pressures in Canada, which prompted the Bank of Canada to raise interest rates to levels 5 to 6 percentage points higher ...
Thanksgiving (Canada) A celebration of being thankful for what one has and the bounty of the previous year. Thanksgiving ( French: Action de grâce) or Thanksgiving Day ( French: Jour de l'Action de grâce ), is an annual Canadian holiday held on the second Monday in October. [ 1] Outside of the country, it may be referred to as Canadian ...