Canada is the second largest country in the world, and its economy is driven by several industries depending on the landscape of the respective properties and territories that comprise it.
Newfoundland, Labrador, Prince Edward Island, Nova Scotia, and New Brunswick are provinces with coastlines situated along the Atlantic Ocean. They are known for their fishing industry in addition to the agricultural, mining, and offshore oil operations that occur in these provinces.
Quebec and Ontario are two of the country’s largest provinces. They are homes of manufacturing hubs, with Quebec reportedly also being the largest producer of hydroelectricity in Canada. These provinces are also engaged in agriculture, forestry, and mining.
Manitoba, Saskatchewan, and Alberta are provinces that are highly engaged in agriculture, with Manitoba and Saskatchewan producing various crops and Alberta producing and supplying a large number of beef cattle. These provinces are also rich in uranium and oil.
British Columbia contributes to both the fishing and forestry industry of Canada. The lands in the Yukon Territory, Northwest Territories, and Nunavut are abundant in gold and diamonds.
Canada’s strengths are not highly dependent only on its landscape and natural resources. It has likewise found success in the field of research and development, the aerospace manufacturing industry, and real estate.
Given this information, it shows that Canada is not solely dependent on a single industry but on several industries that contribute to the Canadian economy.