Canadian Industries Module 9 PDF

MODULE 9 CANADIAN INDUSTRIES 1 OUR AGENDA 01 03 Canadian Housekeeping Industries 02 Canadian 04 Breakout Economy Room 2 LEARNING GOALS By the end of this mod...

MODULE 9 CANADIAN INDUSTRIES 1 OUR AGENDA 01 03 Canadian Housekeeping Industries 02 Canadian 04 Breakout Economy Room 2 LEARNING GOALS By the end of this module, I will be able to: Assess the value of various industrial sectors in Canada. Describe Canada’s major exports and imports, and assess some of 3 the environmental, economic, social, and political implications of Canada’s current export and import patterns. Assess the economic, environmental, social, and political significance of a specific industry for their local area or another area of their choice.  TOPICS Industries Economy 4 GDP  MINDS ON: How important are different industrial sectors to Canada? Who do you think we import from and export to the most? 5 CANADIAN ECONOMY 6 A POWERFUL WORLD ECONOMY Canada has a unique place in the world economy. Blessed with a variety of abundant resources Canada has become one of the wealthiest countries in the world. To understand Canada’s unique place we will look at how resources 8 have led to the settlement of towns, industries and now a powerful world economy. Industry : the production of goods and services in an economy. Economy : is a collection of the production, distribution, trade, and consumption of goods and services. GROSS DOMESTIC PRODUCT Gross domestic product: is the total value of everything produced in the country. It doesn't matter if it's produced by citizens or foreigners. If they are located within the country's boundaries, 10 their production is included in GDP. GDP is the primary measure of a country’s productivity. GROSS DOMESTIC PRODUCT The Gross Domestic Product measures the value of economic activity within a country. Strictly defined , GDP is the sum of the market values, or prices, of all final goods and services produced in an economy during a period of time. GNP (gross national product) = GDP + GDI (gross national income) 11 Gross national income is a measurement of a country's income. It includes all the income earned by a country's residents and businesses, including any income earned abroad.... GNI also includes any product taxes not already counted, minus subsidies. Both GDP and GNP are measures of how much wealth is in an economy! CANADA Third on the list of countries with the most natural resources is Canada. Overall, the country has an estimated $33.2 trillion worth of commodities and the third largest oil deposits after Venezuela and Saudi Arabia. The commodities that the country owns include industry minerals, such as 13 gypsum , limestone , rock salt and potash , and energy minerals , such as coal and uranium. Metals in Canada include copper , lead , nickel and zinc , and precious metals are gold , platinum, and silver. Canada is the leading supplier of natural gas and phosphate and is the third largest exporter of timber. Read more: 10 Countries With The Most Natural Resources | Investopedia https://www.investopedia.com/articles/markets-economy/090516/10-countries-most-natural-resources.asp#ixzz5W9kv4t5Y The Canadian Economy at a Glance (Updated April 2013) Data Source: Statistics Canada http://www.statca n.gc.ca/tables-tabl eaux/sum-som/l01 /cst01/gdps04a-en g.htm http://www.investorsf riend.com/Canadian% 20GDP%20Canadian% 20imports%20and%2 0exports.htm IMPORTING vs. EXPORTING Both import and export are two main activities of a country's international trade. Import appears, when domestic companies buy goods abroad and 15 bring them to a domestic country for sale. Export appears when the domestic companies sell their products or services abroad. IMPORTING vs. EXPORTING 16 CANADIAN INDUSTRIES 17 PRIMARY SECONDARY TERTIARY QUATERNARY 20  PRIMARY SECONDARY TERTIARY QUATERNARY Primary Secondary Tertiary Quaternary industry industry industries industry involves getting involves provide a involves raw materials manufacturing service research and e.g. mining, e.g. making e.g. teaching development 21 forestry, cars and steel. and nursing, industries and farming and retail. information fishing. dissemination e.g. IT. Top Five Industries Thriving In Canada (2013) 1. Agriculture 2. Energy 3. Technology 4. Services 5. Manufacturing And they’re STILL thriving! https://canada.businesschief.com/leadership/336/Top-Five-Industries-Thriving-In-Canada Canadian Industrial Sectors https://www.ic.gc.ca/app/scr/app/cis/search-recherche?lang=eng Which industrial sector employs the most people? http://www.cme-mec.ca/?action=show&lid=RFUK7-PBAAQ-VVMBM INDUSTRY LEVEL 25 BREAKOUT ACTIVITY  PRIMARY SECONDARY TERTIARY QUATERNARY Primary Secondary Tertiary Quaternary industry industry industries industry involves getting involves provide a involves raw materials manufacturing service research and e.g. mining, e.g. making e.g. teaching development 26 forestry, cars and steel. and nursing, industries and farming and retail. information fishing. dissemination e.g. IT. BREAKOUT ACTIVITY You will be broken up into 4 groups. Each group needs to make one copy of the 27 Google Doc. Your Task: As a group, complete the industry chart by placing the job titles within the correct industry level square. BREAKOUT ACTIVITY 1. Canadian Tire Cashier 2. Nickel Miner 3. Cancer Research Scientist 4. Dairy Farmer 5. Car Factory Worker 6. Salmon Fisherperson 7. Truck Driver 8. Teacher 28 9. Doctor 10. Carpenter 11. Environmental Consultant 12. GIS Technician 13. Oil Refinery Worker 14. Subway Employee 15. Dishwasher 16. Facebook Data Analyst Document here! 17. Kimberly-Clark factory worker 18. Taxi Driver 19. Professional Hockey Player CONSOLIDATION: Let’s discuss the answers! 29 30