Natural Resources
All currency is in Canadian dollars.
Exploitation of natural resources is a major part of the economic geography of Newfoundland and Labrador. In 2005 the gross domestic product (GDP) of Newfoundland and Labrador was approximately fourteen billion dollars. Service industries accounted for over $8 billion and resource-based activities such as mining, oil production, fishery and forest-based industries (sawmills and paper mills) accounted for the remainder.
Read more about this topic: Geography Of Newfoundland And Labrador
Famous quotes containing the words natural and/or resources:
“Every natural fact is a symbol of some spiritual fact. Every appearance in nature corresponds to some state of the mind, and that state of the mind can only be described by presenting that natural appearance as its picture.”
—Ralph Waldo Emerson (1803–1882)
“...wasting the energies of the race by neglecting to develop the intelligence of the members to whom its most precious resources must be entrusted, already seems a childish absurdity.”
—Anna Eugenia Morgan (1845–1909)