What are the main resources of Canada?

The resources fall into three categories: energy, mineral and timber resources. Energy resources include natural gas, crude oil, crude bitumen (oil sands) and coal. Mineral resources include gold-silver, nickel-copper, copper-zinc, lead-zinc, iron, molybdenum, uranium, potash and diamonds.

What are the top 5 natural resources in Canada?

Canada’s top five mineral products by value for 2019 were gold, coal, iron ore, potash and copper. Their combined value was $31.6 billion, accounting for two-thirds of the total value of mineral production.

What is Canada’s biggest resource?

Oil is one of the most abundant natural resources found in Canada. With recoverable reserves estimated at more than 173 billion barrels, the nation has the third largest oil reserves in the world.

What are the 5 main resources?

List the Top 5 Natural Resources

  • Water. ••• Without a doubt, water is the most abundant resource on the planet. …
  • Oil. ••• Oil is one of the most valuable natural resources in the world, and one of the most essential to our modern way of life. …
  • Coal. ••• …
  • Forests. ••• …
  • Iron. •••
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Is Canada rich in natural resources?

Canada is rich in natural resources such as oil and gas, timber, and minerals. Like buildings and bridges, these resources are an important component of Canada’s wealth, generating income, employment and exports.

What are the top 10 Canadian resources?

Canada has long ranked among the world leaders in the production of uranium, zinc, nickel, potash, asbestos, sulfur, cadmium, and titanium. It is also a major producer of iron ore, coal, petroleum, gold, copper, silver, lead, and a number of ferroalloys.

What are Canada’s top 3 resources?

The resources fall into three categories: energy, mineral and timber resources. Energy resources include natural gas, crude oil, crude bitumen (oil sands) and coal. Mineral resources include gold-silver, nickel-copper, copper-zinc, lead-zinc, iron, molybdenum, uranium, potash and diamonds.

What is Canada’s best resource?

What Are Canada’s Natural Resources?

Rank Resource Annual Production (Estimated Tonnes Unless Specified)
1 Petroleum 68,800,000
2 Coal 30,000,000
3 Iron Ore 25,000,000
4 Potash 17,900,000

What are the top 3 Imports of Canada?

Canada’s Top Imports

  • Cars—$28 billion (USD)
  • Car parts and accessories—$20 billion (USD)
  • Trucks—$15 billion (USD)
  • Crude oil—$14 billion (USD)
  • Processed petroleum oil—$14 billion (USD)
  • Phones—$11 billion (USD)
  • Computers—$9 billion (USD)
  • Medications—$8 billion (USD)

What is Canada’s main source of energy?

Total electricity generation in Canada in 2018 was 641 terawatt hours. Hydro has the highest share of generation at 60%, followed by nuclear at 15%, coal at 7%, gas/oil/others at 11% and non-hydro renewables at 7%. Hydro makes up 59.6% of Canada’s electricity generation.

What are the 7 types of resources?

Every technological system makes use of seven types of resources: people, information, materials, tools and machines, energy, capital and time. Since there is limited amount of certain resources on the earth, we must use these resources wisely.

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What are the 6 types of natural resources?

Oil, coal, natural gas, metals, stone and sand are natural resources. Other natural resources are air, sunlight, soil and water. Animals, birds, fish and plants are natural resources as well.

What is the most scarce resource in the world?

The six natural resources most drained by our 7 billion people

  1. Water. Freshwater only makes 2.5% of the total volume of the world’s water, which is about 35 million km3. …
  2. Oil. The fear of reaching peak oil continues to haunt the oil industry. …
  3. Natural gas. …
  4. Phosphorus. …
  5. Coal. …
  6. Rare earth elements.