What Are The Top 5 Natural Resources In Canada?

Canada's top five mineral products by value for 2019 were

gold, coal, iron ore, potash and copper

.

What are the 5 most important natural resources?

• Water. ••• Without a doubt, water is the most abundant resource on the planet. …
• Oil. ••• Oil is one of the most valuable natural resources in the world, and one of the most essential to our modern way of life. …
• Coal. ••• …
• Forests. ••• …
• Iron. •••

What are 5 natural resources in Canada?

The resources fall into three categories: energy, mineral and timber resources. Energy resources include natural gas, crude oil, crude bitumen (oil sands) and

coal

. Mineral resources include gold-silver, nickel-copper, copper-zinc, lead-zinc, iron, molybdenum, uranium, potash and diamonds.

What is Canada's most natural resources?

Canadians overwhelmingly choose

water

as our most important natural resource.

What are the top 5 resources?

1. Water. While the earth may be mostly water, only about 2-1/2 percent of it is freshwater. …
2. Air. Clean air is necessary for the existence of life on this planet. …
3. Coal. Coal is estimated to be able to last less than 200 more years. …
4. Oil. …
5. Natural gas. …
6. Phosphorus. …
7. Bauxite. …
8. Copper.

What is the fastest growing industry in Canada?

• Scheduled Air Transportation in Canada. …
• Campgrounds & Recreational Vehicle Parks in Canada. …
• Travel Agencies in Canada. …
• Tour Operators in Canada. …
• Foreign Currency Exchange Services in Canada. …
• SUV & Light Truck Manufacturing in Canada. …
• Taxi & Limousine Services in Canada.

What does Canada have the most of?

Canada has $33.2 trillion in natural resources

The nation is home to the world's third largest confirmed

petroleum reserves

, as well as industry minerals, and is rich in minerals like gypsum, limestone, rock salt and potash, coal, and uranium. It's also the third largest exporter of timber in the world.

Which country has the most natural gold?

Australia

is estimated to have the largest gold mine reserves worldwide.

Which country is richest in mineral resources?

• Canada.
• India. …
• Russia. …
• Brazil. …
• United States. …
• Venezuela. …
• Democratic Republic of the Congo. …
• Australia. Mining is the primary industry in Australia and the main contributor to its economy which earns them over $19.9 trillion per annum. …

What natural resources will run out first?

1. Water. Freshwater only makes 2.5% of the total volume of the world's water, which is about 35 million km3. …
2. Oil. The fear of reaching peak oil continues to haunt the oil industry. …
3. Natural gas. …
4. Phosphorus. …
5. Coal. …
6. Rare earth elements.

What is Canada known for?

• Scenery. Let's face it, Canada is beautiful; and famously so. …
• Ice Hockey. Canada's national winter sport and most Canadians feel the same way about hockey as the British do about football; it's almost a matter of life or death. …
• Maple Syrup. …
• Extreme politeness. …
• Moose.

What are the two most important resources in Canada?

In Canada, natural resources such as

oil, potash, uranium and wood

are extracted to some of the highest environmental and labour standards in the world.

What are the most valuable resources in Canada?

What are the top 10 natural resources?

1. Water. Like soil, water is one of the most important natural resources for the existence of life.
2. Soil. …
3. Timber. …
4. Salt. …
5. Oil. …
6. Natural Gas. …
7. Coal. …
8. Iron. …

What is the most valuable resource on earth?

Data

is now the most valuable resource in the world, beating out oil, according to The Economist.

Which is the most important natural resource?

Along with air, without which man cannot survive for more than a few minutes,

water

is one of our most essential natural resources. Without replenishing his internal supply of water, man cannot survive for more than about a week.