Main Industries In Canada
Canada has one of the most developed economies in the world with a very high per capita income. The main industries in Canada are the agriculture, manufacturing industry, resources industry and technology. Read on for some more details on these individual industries in Canada.
Agriculture: Canada is one of the largest producers and exporters of agricultural products. The main agriculture products produced in Canada are oil seeds and grains with the main produce being oats, wheat, soybean, barley, flax seeds, rice and corn. Along with grains, the country also has a high production of livestock (red meats) and poultry. While a large part of the livestock is exported, most of the poultry produce is domestically consumed. The horticulture production in Canada is also substantial with main produce being apples, prunes, pears, cherries, apricots and berries. The main agricultural industries are brewery, canary seed, dairy, chewing gum, fruit, honey, organic, potato and red meat industry.
Manufacturing industry- Aerospace, defense and space are one of the leading industries in the manufacturing space. The country is also one of the largest producers of oil and gas with approximately $80.7 billion in revenue. Canada is in fact, one of the few countries in the world which exports energy. The pharmaceutical industry is also one of the largest sectors in manufacturing with the major produce being medical drugs, biopharmaceuticals and non prescription drugs. There are many research centers in the country which are supported by the state as well as private universities and hospitals. There are also numerous consumer products produced in Canada like household appliances, plastics, furniture and textiles.
Resource Industry - This refers to minerals and metals, forest products, fisheries, nuclear and wind energy. The forest products are one of the biggest manufacturing and export sectors in Canada. In this sector two major categories are the wood products like lumber and door/ window/ cabinet/ flooring panels and paper products like pulp, printing paper, newsprint, paper board, and packaging paper. The main minerals and mining products are gold, aluminum, nickel, and lead; centered in the southern part of Canada around the states of Ontario and Quebec.
The nuclear energy industry of Canada is as old as 60 years and supplies around 14.6% of the power requirements of Canada and an export worth $1.2 billion per year. This sector is also one of the largest employment providers in the country. Canada is also concentrating its efforts in developing the wind energy sector and this area has seen an almost a 60% growth in the last decade alone.
Technologies: Communication and Information Technology is one of the fastest growing industries in Canada in terms of both manufacturing and service. In fact the service sector is one of the largest employment generators of Canada with almost 1/3rd population of the country involved in it. The government also encourages this industry and there are stimulus packages given to this industry to make Canada a world leader in the Information Technology and Communication sector.
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