he postwar booom. Canada economy thrived after Wold War II .Canadians spent their wartime savings on appliances and other household goods. A great demand for housing created a construction boom. The development of Canada incredibly rich mineral deposits also flourished. The country became an important producer of asbestos, copper , iron ore , nickel , oil ,uranium,and other minerals. Foreign investors, mainly from the United States, helped finance the development of many new industries. By the 1950 Canada had changed from a chiefly agricultural contry to one of the world great industrial nations.