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Canada is rich in Natural Resources, including oil, natural gas, minerals, timber, and freshwater. These resources play a crucial role in the economy, contributing significantly to GDP, exports, and employment. The energy sector, particularly oil and gas, is a major driver of economic growth, while mining and forestry also support regional economies and international trade. The sustainable management of these resources is essential for long-term economic stability and environmental stewardship.
What else can I help you with?
How do natural resources contribute to Canada's economy?
Earlier in it's history, Canada depended on it's natural resources. Today the economy is more diverse.Here is a list of useful natural resources that contributed to Canada's economy:Fishing, agriculture, and forestry have declined over the years. In 1925-29, it was 18%. 1950-54 it was 12%. And now, it is 2%.Services are part of economy today, with a total of 60%.Manufacturing has a percentage of 15%And other things are marked as 16%.These statistics are based as of 2007.(And if this is for some sort of homework, just put down 'Service, agriculture, fishing, forestry, and manufacturing are some economy today. These natural resources contribute to Canada's economy hugely.')I hope this helped!
What are resources in Heartland Canada?
Heartland Canada, particularly the region around Alberta and Saskatchewan, is rich in natural resources. Key resources include oil and natural gas, which are significant drivers of the local economy. Additionally, the area has abundant agricultural resources, particularly grains and livestock, alongside mineral resources like potash and coal. These resources contribute to both local livelihoods and Canada's overall economic landscape.
Why did productivity rise in the 1800s?
development in Natural Resources
When was Natural Resources Canada created?
Natural Resources Canada was created in 1842.
Natural Resources of Prince Edward Island?
The Natural Resources are latex used for making condoms.
What are some of canadas natural resources?
forestry ,hydroelectricity ,mining ,oil ,and gas ,agriculture and fishing
Who controls natural resources in a command economy?
Those that have the resources
What are the effects of abundant natural resources on country economy?
It stimulates the economy
What are the effects of abundant natural resources on a country economy?
It stimulates the economy
What is the importance of balochistan?
on account of its natural resources.
How are Canada's natural resources important to the countries economy?
Canada's economy based on the industries associated whit these resources
How are Canada's natural resources important to the country economy?
Canada's economy based on the industries associated whit these resources
What natural resources was the southern economy base on?
Cotton
Bahrains natural Resources?
petroleum, hydropower, and other resources of commercial importance.

What is the importance of natural resources in world?
if you don't have any natural resources then the area will just die out.
What is the importance of Canada's natural resources?
they need them to manufacture products. :P :cyoot:
How can natural resources affect a nation's economy?
without natural resources government cannot sustain the needs and wants of the consumers.
