Firstly, I think he is the best prime minister economically because he helped build the welfare state. He helped build the welfare state by creating the Canadian Pension Plan (Moscovitch). The Canada Pension Plan is a program for anyone between the ages of 18 and 65. In this plan, the government takes a percentage of each individual's income to give to the elderly during retirement (Ambachtsheer). While this could be seen as a social program, when the plan was put into effect it benefited the Canadian economy. Secondly, from an economic perspective, Pearson's work to create the auto pact also shows that he is the best Canadian Prime Minister. The Canadian-US Automobile Pact is the premier trade agreement on automotive products and has led to the integration of the Canadian and US automotive industries into a shared North American market (Daniel). I believe this makes him the best prime minister economically because he allowed them to trade auto parts and make money all over North America. Finally, I think he is the best prime minister economically, thanks to his help at the World Bank with the Pearson Commission. The Pearson Commission argues that rich countries help create resources for international development. This commission was formed by Robert McNamara in 1968 and asked Lester B Pearson to lead it. The support Lester B Pearson had from international leaders and his own
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