Reduced transportation costs: The Erie Canal provided a much cheaper and faster route for transporting goods between the Great Lakes and the Atlantic Ocean. This reduced the cost of importing and exporting goods for Canadian merchants and businesses.
Increased trade: The Erie Canal stimulated trade between Canada and the United States, as well as between Canada and Europe. This led to increased economic growth and prosperity for Canada.
Settled the West: The Erie Canal made it easier for settlers to move westward into Canada. This led to the development of new settlements and the expansion of the Canadian economy.
Encouraged immigration: The Erie Canal also encouraged immigration to Canada. Many immigrants from Europe came to Canada via the Erie Canal, and they helped to build the country's economy and society.
Overall, the Erie Canal had a positive impact on Canada, helping to stimulate trade, economic growth, and immigration.