Commerce and Industry
With the completion of the transcontinental railway in 1886, trade began to shift to nearby Vancouver. Nonetheless, New Westminster weathered the loss, and remained an important industry and transportation centre. The local economy has always had a mix of industrial sectors, but it has evolved over the years, moving from a reliance on the primary resources of lumber and fishing in the 19th century, to heavy industry and manufacturing in the first half of the 20th century, to retail from the mid-1950s to the 1970s, to professional and business services in the 1990s, and finally to high-tech and fibre-optic industry in the early 21st century.
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Famous quotes containing the words commerce and, commerce and/or industry:
“Here, the churches seemed to shrink away into eroding corners. They seem to have ceased to be essential parts of American life. They no longer give life. It is the huge buildings of commerce and trade which now align the people to attention. These in their massive manner of steel and stone say, Come unto me all ye who labour, and we will give you work.”
—Sean O’Casey (1884–1964)
“Here, the churches seemed to shrink away into eroding corners. They seem to have ceased to be essential parts of American life. They no longer give life. It is the huge buildings of commerce and trade which now align the people to attention. These in their massive manner of steel and stone say, Come unto me all ye who labour, and we will give you work.”
—Sean O’Casey (1884–1964)
“For almost seventy years the life insurance industry has been a smug sacred cow feeding the public a steady line of sacred bull.”
—Ralph Nader (b. 1934)