Canada’s economy, more than most in the developed world, depends on its abundant natural resources. Water for hydropower, timber for paper and wood products, minerals for the mining and manufacturing industries, oil and gas for the energy sector, and fertile ground for its agriculture are the country’s principal economic building blocks.
The newly elected Liberal Party administration is widely seen as offering the promise of a shift in direction from its Conservative predecessor, to sustainable development that includes environmental, social, and governance factors in its strategies and practices.
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