What Is a List of 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.
Canada is one of the primary global exporters of forest products. The country is home to eight major forest regions and features 30 percent of the boreal forests in the world. Overall, the forests in Canada make up 10 percent of the overall global forest cover. Eastern Canada cuts down a section of the forests for pulp and paper products manufacturing, while Western Canada is in charge of manufacturing wood products.
As a mixture of sand, clay, water, bitumen and other minerals, oil sands account for approximately 97 percent of the country’s oil reserves. Northeastern Alberta is home to three major oil sand deposits, with the Athabasca oil sands being the largest known reservoir of crude bitumen in the world. Canada is also one of the largest producers and exporters of natural gas, exporting to nearby countries, such as the United States and Mexico, through the import pipeline.
Most of the known natural resources in Canada are from Southern Canada, but the country is slowly expanding its exploration to Canada’s Arctic region. Some of the discovered natural resources in Northern Canada are metallic ores and oil and gas resources.