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:
“Writers and politicians are natural rivals. Both groups try to make the world in their own images; they fight for the same territory.”
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