What makes up a large share of Canada’s exports even today?
- Fast food
- Imported electronics
- Natural resources commodities
- Video games
Answer: Natural resources commodities
A large percentage of Canada’s exports are still natural resources commodities from industries such as forestry, fishing, agriculture, mining and energy. The economy of many areas of the country still depends on developing natural resources, as Canada has done since the days of fur, fish and timber.
Learn more: Natural resources, past and present
- For centuries Canada’s economy was based mainly on farming and exporting natural resources such as fur, fish and timber.
- These goods moved by roads, lakes, rivers and canals.
- The first companies in Canada competed for the fur trade; the Hudson’s Bay Company came to dominate it in the northwest.
- Natural resources industries played an important part in Canada’s history and development.
- The economy of many areas still depends on developing natural resources.
- A large percentage of Canada’s exports are natural resources commodities.
- The discovery of oil in Alberta in 1947 began Canada’s modern energy industry.