1. Canada’s Economy Chapter 5 Section 3

2. Contributors to the Economy  Lots of natural resources  Gold  Fishing and fur trading  Canadians work in service or manufacturing industry

3. Industry Based on Natural Resources & Trade  Page 129 in textbook  Map of resources found in Canada  Industry – any area of economic activity.  Any were you can make money in the country  Almost 80% of Canada’s raw materials are shipped as exports  Exports – goods traded to other countries  Imports – goods brought into the country  Main exports  Wood and paper products  Fuel  Minerals  Aluminum  Wheat  Oil

4. Industry and the Economy  Types of Industry  Page 130 in textbook  Primary Industries  Farms, mining companies, logging companies  Secondary Industries  30% of Canada’s workforce  Bakeries, car manufacturers, furniture makers  Tertiary Industries  Transportation companies, retailers, health care, education, banking  Quaternary Industries  Internet providers, cable companies

5. Transportation  Major Canadian industry!  Canada is HUGE, how would we get from one side to the other?  Transportation corridors – paths that make transportation easier  Rivers, coastal waters, canals and locks, railroads  Toronto sits on the water and is the hub of industry  Transportation barriers – geographic features that prevent or slow down transportation  What is in Northern Canada? What’s the weather?  Rocky Mountains are a major obstacle  This causes industry in these areas to develop slowly.

6. Questions  Why do you think Canada and the United States have become such good trade partners? Transportation barriers Industry Population living there