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Natural Resources | ||
Canada is one of the strongest economies in the world, mainly because its industry is backed by huge reserves of natural resources. Many industrial countries - Japan is one of the best examples - rely heavily on imports and have very few local resources. Forests cover 45% of Canada. It has 10% of all the world's forests and is the largest producer of newsprint and is second in the production of wood pulp, used to make newsprint. There are large deposits of minerals, particularly in the Shield. Canada is the world leader in zinc and uranium and second in cobalt, gypsum, potash, nickel, asbestos and titanium. There are 2,000 years reserves of potash, a mineral used to make fertilisers and also large reserves of coal - most production is exported to Japan - and oil and natural gas. Because of the geography of the country, there are large rivers in most areas with an ample supply of water all year round. These are used to generate 65% of the country's electricity with Canada producing over 15% of the world's hydro-electricity. |
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