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Economic Importance Of Physical Diversity In Canada

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The Importance of Physical Diversity Economic Importance Natural Resources Due to the vast physical diversity in our country, there are many different natural resources available ranging from oil to fish to minerals. Canada is number 4 on the list of countries with the most natural resources; it has 33.2 trillion dollars worth of natural resources. The interior plains have a rich source of salt, oil and natural gas. The revenue from oil was about 2.5 billion dollars in 2016 in Alberta. The Great Lakes-St.Lawrence Lowlands has an industry of hydroelectricity and agriculture. The soil is very rich and good for farming. The great lakes and the St. Lawrence River also provides a source of fish and fresh water which is exported. Hudson Bay and Arctic Lowlands has a lot of different kinds of natural resources (e.g., forestry, hydroelectricity and natural gas) due to the physical diversity. Most of the economy in this region comes from mining ( over 100 million dollars in revenues). It’s very important for us to try to preserve the physical diversity of our country because as we can see our economy is greatly affected by it. We have most of our natural resources because of how different our land is in …show more content…

Physical Diversity is very important when it comes to Tourism and Recreation. It not only allows the regions to have large cities which attract a lot of different people but to also have natural features that attract many tourists. There are so many activities available for tourists that it can very be hard to choose where to go. Regions like the Interior Plains have many different national parks and gardens while the Hudson Bay and Arctic Lowlands offer activities rock climbing, canoeing and polar bear and whale watching. While tourism and recreation do not affect the economy as greatly as natural resources do, they still have an impact on it. Each province earns several million dollars every year from

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