Gold, silver, and furs attracted European exploration, colonization, and competition in the New World.
What were the main resources in Canada that the early European explorers wanted?
Fish and Fur
Canada’s huge trees provided lots of timber for European ships and buildings. Explorers also found gold, silver, and other precious minerals here. Fur traders sent thousands of furs back to Europe from Canada.
What are three natural resources that attracted the first Europeans to Canada?
What Factors Influence Human Settlement?
- There are three key factors that have influenced human settlement in Canada.
- Natural resources, including arable land, forests and minerals, play a key role in attracting settlers to an area.
- Areas in Canada that were settled before 1800 are typically situated on water.
What resources does Canada rely on?
Canada has energy sources, including oil, natural gas, fossil and alternative fuels, uranium, and renewables.
What resources were key to colonial Canada’s early prosperity?
The first financial institutions opened in the late 18th and early 19th centuries. The Montreal Stock Exchange opened in 1832. For centuries Canada’s economy was based mainly on farming and on exporting natural resources such as fur, fish and timber, transported by roads, lakes, rivers and canals.
What natural resources were attracted by European explorers?
Gold, silver, and furs attracted European exploration, colonization, and competition in the New World.
Why were Europeans interested in Canada?
Traders & Missionaries
Many of the first Europeans to come to Canada wanted to set up trading networks. In particular, they were after commodities like beaver pelts. The Hudson’s Bay Company was one of the largest trading companies in Canada.
What are the top 3 imports for Canada?
Canada Imports – Top Categories
- Cars—$28 billion (USD)
- Car parts and accessories—$20 billion (USD)
- Trucks—$15 billion (USD)
- Crude oil—$14 billion (USD)
- Processed petroleum oil—$14 billion (USD)
- Phones—$11 billion (USD)
- Computers—$9 billion (USD)
- Medications—$8 billion (USD)
What are the 3 most common resources in Europe?
Minerals and other power resources of Europe
| Name of the Mineral Resource | Important countries/regions |
|---|---|
| 1. Coal | North-Eastern France, Poland, Spain, Ukraine and Russia |
| 2. Petroleum and Natural Gas | The North Sea, Romania and Russia |
| 3. Iron Ore | France, Ukraine, Sweden, the United Kingdom, Germany, Russia, Spain and Azerbaijan |
What does Europe export to Canada?
machinery (25.6% of EU exports to Canada and 24.3% of its imports) chemical and pharmaceutical products (16.2% of EU exports and 9.1% of its imports) transport equipment (15.6% of EU exports and 9.1% of its imports)
Who are Canada’s biggest trading partners?
Canada top 5 Export and Import partners
| Market | Trade (US$ Mil) | Partner share(%) |
|---|---|---|
| United States | 284,478 | 73.25 |
| China | 18,861 | 4.86 |
| United Kingdom | 14,855 | 3.83 |
| Japan | 9,244 | 2.38 |
What resources are most important to Canada?
Canada has long ranked among the world leaders in the production of uranium, zinc, nickel, potash, asbestos, sulfur, cadmium, and titanium. It is also a major producer of iron ore, coal, petroleum, gold, copper, silver, lead, and a number of ferroalloys.
Where does Canada get most of its resources?
Taking action in support of our vital natural resource sector
- Oil in Canada.
- Natural Gas in Canada.
- Potash in Canada.
- Uranium in Canada.
- Iron Ore in Canada.
- Coal in Canada.
- Softwood Lumber in Canada.
- Water in Canada.
What natural resource most attracted European traders to the lands that later became Canada?
The fur trade began in the 1600s in what is now Canada. It continued for more than 250 years. Europeans traded with Indigenous people for beaver pelts.
What resources did the British want from Canada?
An age of British rule
Now England controlled all of Canada. In the years that followed, Canadian colonies—now under British rule—expanded their trade networks and built an economy largely supported by agriculture and the export of natural resources like fur and timber.
What are the 3 main natural resources of 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 attracted the European traders?
The fine qualities of cotton and silk produced in India had a big market in Europe. Indian spices like pepper, cloves, cardamom and cinnamon too were in great demand. Hence European trading companies were attracted to India.
What were the things that attracted the European traders in North America?
Indian spices like pepper, cloves, cardamom and cinnamon were also in great demand . European trading companies were looking for new lands From which they could buy goods at cheaper rates and sell them at higher prices in Europe.
What did European explorers trade?
One of the major motivating factors in the European Age of Exploration was the search for direct access to the highly lucrative Eastern spice trade. In the 15th century, spices came to Europe via the Middle East land and sea routes, and spices were in huge demand both for food dishes and for use in medicines.
What do Europeans like about Canada?
The Dutch and most central Europeans see Canada as a great nature reserve. Wild, untouched natural spaces unlike anything one can find in Europe today. Canadians also still have a reputation for being polite. In the past there was very little notice of Canada in a political sense.
Why did Eastern Europeans come to Canada?
Eastern Europeans made up the first large wave of immigration into Canada that was not of English or French origin. Tens of thousands of peasants arrived in the late 1800s and early 1900s, lured by promises of cheap land in the western prairies.