The Canadian Shield area of Canada is the most important to Canada’s
Economy because of its:
Rich farm land
Natural Resources
Tourism industry
Fresh water supply
The Canadian Shield area of Canada is indeed vital to the country's economy due to several factors:
1. Natural resources: The Canadian Shield is abundant in valuable natural resources. This region is characterized by vast mineral deposits, including gold, copper, nickel, zinc, uranium, and diamonds. These resources contribute significantly to Canada's mining and extractive industries, which play a crucial role in the country's economy.
2. Freshwater supply: The Canadian Shield encompasses a vast area with numerous lakes and rivers. These bodies of water, combined with the Shield's rocky terrain, contribute to a steady supply of fresh water. Canada is home to about 20% of the world's freshwater resources, and the Shield's contribution to this abundance is of immense importance for various industries, including agriculture, manufacturing, and hydroelectric power generation.
3. Tourism industry: The Canadian Shield's unique landscape and natural beauty attract a significant number of tourists each year. Its stunning scenery, including rugged mountains, pristine lakes, and dense forests, offers opportunities for outdoor activities such as hiking, canoeing, fishing, and wildlife observation. The tourism industry in this area generates employment, fosters local businesses, and contributes to the overall economic growth of the region.
4. Rich farmland: Although the Canadian Shield is known for its rocky terrain, it also comprises some fertile areas suitable for agriculture. These pockets of arable land are essential for the production of crops and livestock, contributing to Canada's agricultural sector. While the majority of arable land in Canada is located in other regions, the Shield's agricultural potential still plays a role in ensuring food security and supporting local communities.
In conclusion, the Canadian Shield area's natural resources, freshwater supply, tourism industry, and limited but significant agricultural production are crucial factors that contribute to Canada's economy. These aspects make the Canadian Shield a vital and valued region for the country's economic growth and development.