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:
“Surely knowledge of the natural world, knowledge of the human condition, knowledge of the nature and dynamics of society, knowledge of the past so that one may use it in experiencing the present and aspiring to the future—all of these, it would seem reasonable to suppose, are essential to an educated man. To these must be added another—knowledge of the products of our artistic heritage that mark the history of our esthetic wonder and delight.”
—Jerome S. Bruner (20th century)
“I am willing to pledge myself that if the time should ever come that the voluntary agencies of the country together with the local and state governments are unable to find resources with which to prevent hunger and suffering ... I will ask the aid of every resource of the Federal Government.... I have the faith in the American people that such a day will not come.”
—Herbert Hoover (1874–1964)