Canada's Economy Flashcards
7 cards from real CANADIAN practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.
Read the first 7 Canada's Economy flashcards as text
Which sector employs the majority of Canadian workers today?
Answer: The service sector
The service sector employs about three-quarters of working Canadians.
What is a key reason trade is so important to Canada's economy?
Answer: Canada relies heavily on exporting natural resources and goods
Canada is a trading nation that depends on exporting its abundant natural resources and manufactured goods.
Which industry is associated with the Canadian Shield region?
Answer: Mining
The Canadian Shield is rich in minerals and is a major mining region.
What is manufacturing's role in the Canadian economy?
Answer: It produces goods such as cars, paper, and food products
Manufacturing turns raw materials into finished products like automobiles, paper, and processed foods.
Which Canadian city is considered the country's main financial centre?
Answer: Toronto
Toronto is home to the Toronto Stock Exchange and is Canada's leading financial centre.
What natural resource makes Canada one of the world's largest exporters of forest products?
Answer: Timber and wood
Canada's vast forests make it a leading exporter of lumber, pulp, and paper.
Why is Canada's automotive industry significant?
Answer: It is a major manufacturing and export sector centred in Ontario
The automotive industry, concentrated in Ontario, is a major source of manufacturing jobs and exports.