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How have canada’s physical resources contributed to its economic prosperity?

User AAsk
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Canada’s natural resource has boosted its economy through;

• Fishing that has contributed to more shipping activities enabling businesspeople to conduct more exports.

• The major coastline in Canada has contributed to expansion of trade

• The export of fur and lumber has open doors to other industries in the region to venture in trading activities.

• Agricultural settlement led to urbanization which contributed to construction of more manufacturing industries.

• Natural resources companies generate more non-residential capital investment in the country accounting for a major drive towards capital formation.

• Natural resource products in Canada contribute a larger percentage of rail and marine shipments.


User Zoey Cluff
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