Changes

====Farms====

====Farms====

[[Image:Palliser's Triangle map.png|thumb|left|300px|Map of Palliser's Triangle.]]

[[Image:Palliser.jpg|thumb|left|300px|Palliser's Triangle.]]

Wheat was the dominant crop and the tall grain elevator alongside the railway tracks became a crucial element of the Albertan grain trade after 1890. It boosted "King Wheat" to regional dominance by integrating the province's economy with the rest of Canada. Used to efficiently load grain into railroad cars, grain elevators came to be clustered in "lines" and their ownership tended to concentrate in the hands of increasingly fewer companies, many controlled by Americans. The main commercial entities involved in the trade were the Canadian Pacific Railroad and the powerful grain syndicates. Dramatic changes in the Albertan grain trade took place in the 1940s, notably the amalgamation of grain elevator companies.<ref> John Everitt, "The Line Elevator in Alberta." ''Alberta History'' [Canada] 1992 40(4): 16-22; 1993 41(1): 20-26.  </ref>

Wheat was the dominant crop and the tall grain elevator alongside the railway tracks became a crucial element of the Albertan grain trade after 1890. It boosted "King Wheat" to regional dominance by integrating the province's economy with the rest of Canada. Used to efficiently load grain into railroad cars, grain elevators came to be clustered in "lines" and their ownership tended to concentrate in the hands of increasingly fewer companies, many controlled by Americans. The main commercial entities involved in the trade were the Canadian Pacific Railroad and the powerful grain syndicates. Dramatic changes in the Albertan grain trade took place in the 1940s, notably the amalgamation of grain elevator companies.<ref> John Everitt, "The Line Elevator in Alberta." ''Alberta History'' 1992 40(4): 16-22; 1993 41(1): 20-26.  </ref>

Recklessness, greed, and overoptimism played a part in the early-20th-century financial crisis on the Canadian wheat frontier. Beginning in 1916, the [[Palliser Triangle]], a semiarid region in Alberta and Saskatchewan, suffered a decade of dry years and crop failures that culminated in financial ruin for many of the region's wheat farmers. Overconfidence on the part of farmers, financiers, the [[Canadian Pacific Railway]], and the Canadian government led to land investments and development in the Palliser on an unprecedented and dangerous scale. A large share of this expansion was funded by mortgage and loan companies in Britain eager to make overseas investments. British money managers were driven by a complex set of global economic forces including a decline in British investment opportunities, excess capital, and massive investment expansion on the Canadian frontier. Reduced grain production in Europe and increased grain production in the Prairie Provinces also encouraged the export of capital from London. The mythical image of the Palliser as an abundant region, coupled with a growing confidence in technology, created a false sense of security and stability. Between 1908 and 1913 British firms lent vast sums to Canadian farmers to plant their wheat crops; only when the drought began in 1916 did it become clear that far too much credit had been extended.<Ref> John Feldberg, and Warren M. Elofson, "Financing The Palliser Triangle, 1908-1913." ''Great Plains Quarterly'' 1998 18(3): 257-268. 0275-7664 </Ref>  

Recklessness, greed, and overoptimism played a part in the early-20th-century financial crisis on the Canadian wheat frontier. Beginning in 1916, the [[Palliser Triangle]], a semiarid region in Alberta and Saskatchewan, suffered a decade of dry years and crop failures that culminated in financial ruin for many of the region's wheat farmers. Overconfidence on the part of farmers, financiers, the [[Canadian Pacific Railway]], and the Canadian government led to land investments and development in the Palliser on an unprecedented and dangerous scale. A large share of this expansion was funded by mortgage and loan companies in Britain eager to make overseas investments. British money managers were driven by a complex set of global economic forces including a decline in British investment opportunities, excess capital, and massive investment expansion on the Canadian frontier. Reduced grain production in Europe and increased grain production in the Prairie Provinces also encouraged the export of capital from London. The mythical image of the Palliser as an abundant region, coupled with a growing confidence in technology, created a false sense of security and stability. Between 1908 and 1913 British firms lent vast sums to Canadian farmers to plant their wheat crops; only when the drought began in 1916 did it become clear that far too much credit had been extended.<Ref> John Feldberg, and Warren M. Elofson, "Financing The Palliser Triangle, 1908-1913." ''Great Plains Quarterly'' 1998 18(3): 257-268. 0275-7664 </Ref>

====Ranches and mixed farming====

====Ranches and mixed farming====