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ca_165
Canada's Economy › Economy
What is the significance of the Laurentian Shield or Canadian Shield to Canada's economy?
- It provides fertile farmland for Canada's agricultural industry
- It is rich in minerals and metals, forming the basis of Canada's mining industry, and contains vast forests
- It provides the water supply for most of Canada's major cities
- It is the region where most of Canada's oil and gas reserves are located
Why this is the correct answer
Covering nearly half of Canada's landmass, the Canadian Shield is an ancient geological formation rich in minerals such as nickel, gold, and uranium. Its vast forests also support a major forestry industry, making it central to Canada's resource-based economy.