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Canada Region :: EconomyCanada Region :: Economy
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CANADA REGION :: ECONOMY
Economy : Alberta  16 Mar 2006
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Alberta has one of the world's most productive agricultural economies, producing about 25 percent of the value of Canada's annual output. Approximately 22 million hectares of cultivated and uncultivated land are used as pasture and forage for livestock. While wheat remains the primary crop, the production of new crops continues to expand as the industry diversifies. The province maintains the largest...
Economy : British Columbia  07 Jun 2006
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Founded on the fur trade and later on gold, the dwindling riches of the sea and land remain key to British Columbia's economy. The economy remains based on the province's great natural resources, primarily its vast forests, which cover 56 percent of its total area. Conifers from these forests are converted into lumber, newsprint, pulp and paper products, shingles and shakes - about half the total...
Economy : Manitoba  06 Jun 2006
In S Manitoba are expanses of wheat, barley, oats, rye, and flax. The well-settled Souris Plains in the southwest are especially famous for their wheat fields. Canada's wheat industry originated in Manitoba, whose bread wheat has set standards for the world. Grain is shipped from Churchill (the only port in the Prairie Provinces) during the three ice-free months of the year. Although agriculture has...
Economy : New Brunswick  07 Jun 2006
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Leading the manufacturing industries is food, followed by wood-based industries, pulp and paper and related products, metal processing and transportation equipment. Processing of non-metallic ores and primary metals is also a significant manufacturing industry. Tourism is a vital part of the province's economy. In 1998, nearly 1.5 million people visited New Brunswick's tourist attractions, including...
Economy : New Scotland  07 Jun 2006
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Nova Scotia's economy started with the sea and the fish stocks of the Scotian Shelf. This resource, particularly cod, has been hit by dwindling stocks in recent years, and quotas and fishing bans affect those who derive their livelihood from this sector. In 1992, approximately 20 000 workers were directly employed in fishing and fish processing and many more jobs were indirectly created by activity...
Economy : Newfoundland and Labrador  07 Jun 2006
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Since its first settlement, Newfoundland and Labrador has been highly dependent on its resource sector. The province was initially settled because of its rich fishing grounds on the Grand Banks. The mainstay of the province's fishing industry has been groundfish (primarily cod); however, other important catches are flounder, redfish, capelin, shrimp and crab. In 1977, the Canadian government extended...
Economy : Northwest Territories  07 Jun 2006
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A large portion to the Northwest Territories population continues to rely on the Aboriginal peoples' traditional subsistence activities; fishing, hunting and trapping. Fur harvesting continues to be very important, supplementing the income of many Aboriginal families. Mining is by far the largest private industrial sector of the N.W.T. economy. Oil and gas exploration and development are also...
Economy : Nunavut  07 Jun 2006
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Many of the Inuit still live off the land following their traditional economy; hunting, trapping, gathering and fishing. Increasingly carving and artistic pursuits are becoming staple economic activities throughout much of the north. The annual economic value of subsistence harvesting in Nunavut is estimated between $30 million and $50 million a year. Official estimates put the arts and crafts industry...
Economy : Ontario  08 Jun 2006
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Mining, the Yukon's largest industry, accounts for more than 30 percent of the economy. Tourism provides a further base for jobs and services. Efforts have recently been made to promote other sectors, such as the forest industry. The fur trade is important for about 3 percent of the population, mainly Aboriginals. A small fishing industry operates in Dawson City to export salmon, and other commercial...
Economy : Prince Edward Island  08 Jun 2006
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Agriculture, tourism and fishing are the economic mainstays of Prince Edward Island. Prince Edward Island's rich, red, soil is ideal for growing potatoes, which are the most important source of income for the province's farms. Most industrial activity has to do with food processing, although high-technology is becoming important, especially in the medical, electronics and agricultural fields. Although...
Economy : Québec  08 Jun 2006
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The development of agriculture in Québec goes back to the early 18th century, with the arrival and settlement of 4,000 French colonists. Today Québec's economy is highly industrialized and diversified. The province has abundant natural resources and energy, along with well-developed agriculture, manufacturing and service sectors. Québec's business sector produces a wide variety of products for export,...
Economy : Saskatchewan  08 Jun 2006
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Saskatchewan's economy is traditionally associated with agriculture; however, increasing diversification has meant that now agriculture, forestry, fishing, and hunting together make up only 6.8% of the province's GDP. Wheat is the most familiar crop, and perhaps the one stereotypically associated with the province, but other grains like canola, flax, rye, oats, peas, lentils, canary seed, and barley...
Economy : The Yukon  08 Jun 2006
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The territory's historical major industry is mining, including lead, zinc, silver, gold, asbestos and copper. Indeed, the territory owes its existence to the famous Klondike Gold Rush of the 1890s. Having acquired the land from the Hudson's Bay Company in 1870, the Canadian government divided the territory off of the Northwest Territories in 1898 to fill the need for local government created by the...

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