Canadian Economic Activities Chapter 5 Section 2 Canadian Economic Activities
Canada’s Economy Free Market Economy – businesses in business for themselves to make a profit Fishing –oldest Farming Forestry Mining Service Industry (largest percentage)
Canada’s Government More involved in Canada’s economy Provide health care for all citizens Government owns: Radio, TV, (broadcasting), transportation and electric companies
Newfoundland and the Maritime Provinces Includes: Nova Scotia, New Brunswick and Prince Edward Island Fishing – best in the world, has been regulated by the government Limited farming – thin soil, poor climate (potatoes, apples) Highest % mining and manufacturing Tourism growing
Quebec Includes: Quebec Urban areas Financial Industry Tourism Manufacturing Service Industry Smaller factors mining (gold, copper, iron) farming
Ontario Contains National Capital - Ottawa Includes: Ontario Highest in population and wealth Commercial farming Manufacturing Financial shipping communication Industrial Mining Forestry Oil Chemicals Equipment
Prairie Provinces Includes: Manitoba, Saskatchewan, Alberta Farming Ranching Natural Gas sources Oil Fossil fuels
British Columbia Includes: British Columbia Forestry (paper industry) Mining (coal, copper, lead) Agriculture (cattle, fruits, veg.) Fishing- salmon off the Pacific Coast Shipping ports
The North Includes: Yukon Territory, Northwest Territory, and Nunavut Scarcely populated Hunting and gathering Harsh Climate limits economy
Economic Concerns Dependent on US economy Acid rain Bi-lingual Damaging lakes and forests Bi-lingual French English