Table of Contents
What natural resource most attracted europeans to canada?
The FISHERIES were the first resource to be systematically exploited by Europeans. As early as the 16th century, BASQUES from France and Spain pursued WHALES in the Gulf of St Lawrence.
What natural resource most attracted European traders to the lands that later became Canada a timber?
Wood was the staple of Canadian trade for much of the 19th century. Fueled by European demand, the timber trade brought investment and immigration to eastern Canada, fostered economic development, and transformed the regional environment far more radically than the earlier exploitation of fish and fur.
What natural resource contributes to the Canadian economy and is found in the Grand Banks?
Other fisheries, including lobster and northern shrimp (species that arguably may not be as sensitive to overexploitation), have continued to flourish. However, the extraction of petroleum and natural gas has become the most important economic activity (in terms of value) on the Grand Banks.
What European countries most influenced Canada’s development?
Throughout Canada’s history, its culture has been influenced by European culture and traditions, mostly by the British and French, and by its own indigenous cultures. Over time, elements of the cultures of Canada’s immigrant populations have become incorporated to form a Canadian cultural mosaic.
What resources did the British want from Canada?
An age of British rule In the years that followed, Canadian colonies—now under British rule—expanded their trade networks and built an economy largely supported by agriculture and the export of natural resources like fur and timber.
Which of the following is an abundant natural resources found in Canada?
Oil
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.
How did the fur trade shape Canada?
The fur trade drove European exploration and colonization. It helped to build Canada and make it wealthy. Nations fought each other for this wealth. But in many instances, the fur trade helped foster relatively peaceful relations between Indigenous people and European colonists.
What resources come from Canada’s forests?
Canada’s traditional forest sector includes forestry and logging, pulp and paper manufacturing, and wood product manufacturing. Lumber, solid wood products, pulp, and paper account for most of the production and exports from Canada’s forest sector.
What natural resources are found in the Northwest Territories?
The natural resources of Yukon, the Northwest Territories and Nunavut include wildlife, freshwater, minerals, oil and gas. Yukon and the Northwest territories also have vast forests. The natural resources of Yukon, the Northwest Territories and Nunavut include wildlife, freshwater, minerals, oil and gas.
What natural resources are important to Canada’s economy?
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 were the three main resources that contributed to the settlement of Canada?
Natural resources, including arable land, forests and minerals, play a key role in attracting settlers to an area. For example, an agricultural area like Winnipeg will develop a different population pattern than a forest-based economy like Prince George, British Columbia.