What is the laurier boom?

The Laurier Boom refers to a period of economic growth in Canada during the early 20th century, particularly under Prime Minister Wilfrid Laurier's leadership from 1896 to 1911. This era was characterized by increased industrialization, expansion of the railway network, and a surge in Immigration, which contributed to a thriving economy. The boom was fueled by the demand for Canadian resources, such as wheat and timber, as well as the growth of urban centers. However, it also set the stage for economic challenges in the years that followed.