What are the top 5 natural resources in Canada?

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 are 10 natural resources in Canada?

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 is Canada’s most exported natural resource?

Natural gas and oil are Canada’s biggest export commodities by value. According to Statistics Canada, exports of crude oil, bitumen, natural gas and natural gas liquids generated more than $102 billion in 2019.

What are Canada’s top 3 natural resources?

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 are the two most important resources in Canada?

In Canada, natural resources such as oil, potash, uranium and wood are extracted to some of the highest environmental and labour standards in the world.

What are the 20 natural resources?


  • Air.
  • Coal.
  • Oil.
  • Natural gas.
  • Phosphorus.
  • Bauxite.
  • Copper.
  • Which Canadian province has the most natural resources?

    Newfoundland and Labrador Newfoundland and Labrador’s economy was the most dependent on natural resources out of all regions in Canada in 2016 (27.0% of nominal GDP ). Production of oil and iron ore were the two main contributors to the sector.

    What is Canada’s number 1 export?

    Crude Petroleum
    List of exports of Canada

    # Trade item Value
    1 Crude Petroleum 75,259
    2 Cars 47,632
    3 Refined Petroleum 18,715
    4 Aircraft, Helicopters, and Spacecraft 7,322

    What is Canada most known for?

    15 Things Canada is Famous For

    • Ice hockey. There is not a single past time that is more associated with being Canadian than the sport of hockey.
    • Maple syrup.
    • Marijuana.
    • Politeness.
    • Stunning landscapes.
    • Northern lights.
    • Poutine.
    • The National Flag.

    What are the three most abundant natural resources in Canada?

    Canada has an abundance of natural resources, including minerals, rare earth elements, wildlife, coal and hydropower. Minerals and elements mined in the country are iron ore, silver, copper, nickel and gold. Other natural resources include fish, molybdenum, diamonds and potash.

    What are the three most common resources found in Canada?

    Petroleum. One of Canada’s most vital economic resource is petroleum as the Canadian petroleum reserves are estimated to be the third largest in the whole world.

  • Coal. Coal is another of Canada’s most essential natural resource as the nation’s coal reserves are considered to be the world’s fifth largest.
  • Iron Ore.
  • Potash.
  • How does Canada use their natural resources?

    Canada’s natural resources include energy, water, forest and mineral resources. South Canada has a copious supply of natural gas, shale and coalbed methane. The country’s freshwater reserves serve as a vast renewable water supply.

    What are the main sources of energy in Canada?

    Canada has access to all main sources of energy including oil and gas, coal, hydropower, biomass, solar, geothermal, wind, marine and nuclear.