What are some resources the United States and Canada share?

The United States and Canada have a rich supply of mineral, energy, and forest resources. The U.S. has abundant supplies of coal, copper, lead, iron, natural gas, timber, bauxite, and uranium.

What are 3 common resources in the US and Canada?

Three common resources found in the U.S. are petroleum, natural gas, and coal. Three common resources found in Canada are timber, hydroelectric power, and copper. The U.S. produces more minerals.

What do Canada and US have in common?

Canada and United States are two of the largest countries in the world. They are friendly neighbor states and share a large border. The worlds largest waterfall, Niagara Falls, is also on the border of the two countries.

Comparison chart.

Canada United States
Languages English, French (mainly in Quebec) English

What types of natural things do the US and Canada share?

Landforms That the US & Canada Share

  • Appalachian Mountains. One of the largest mountain ranges in North America, the Appalachians stretch for almost 2,000 miles on the eastern half of the United States and Canada. …
  • Rocky Mountains. …
  • Great Plains. …
  • Interior Plains. …
  • The Canadian Shield.
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What two major resources are found in both the United States and Canada?

Both countries also have substantial deposits of coal, natural gas, and oil, and well-developed networks for distributing these energy-producing fossil fuels.

What are some resources found in Canada?

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. Timber reserves include timber stocks that are physically accessible and available for harvesting.

What resources does the United States have?

The United States and Canada have a rich supply of mineral, energy, and forest resources. The U.S. has abundant supplies of coal, copper, lead, iron, natural gas, timber, bauxite, and uranium. 18% of the land in the U.S. is arable land.

What does Canada and the US trade?

Canada and the United States trade $1.7 billion in goods and services daily. Two-way trade in goods and services totaled more than $614.9 billion in 2020, and 2020 bilateral investment stock totaled $991.9 billion. U.S. exports to Canada were nearly $310 billion in 2020.

How are Canadian and US economies alike?

The economies of Canada and the United States are similar because they are both developed countries and are each other’s largest trading partners. … Canada’s 2017 debt-to-GDP ratio was 89.7%, compared to the United States at 107.8%.

What does the US rely on Canada for?

Canada is the largest foreign supplier of crude oil (25% of oil imports) and natural gas to the United States. In short, this energy relationship has enhanced U.S. energy security and provided Canada with a steady demand for its energy exports.

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What binds the US and Canada together?

The two nations trade freely with each other through the North American Free Trade Agreement (NAFTA). The two nations share the English language and a common history of being British colonies. The two nations have also fought together overseas.

What resources are most abundant in Canada?

What Are Canada’s Natural Resources?

Rank Resource Annual Production (Estimated Tonnes Unless Specified)
1 Petroleum 68,800,000
2 Coal 30,000,000
3 Iron Ore 25,000,000
4 Potash 17,900,000

What are the main natural resources of North America?

North America produces most of the world’s corn, meat, cotton, soybeans, tobacco, and wheat, along with a variety of other food and industrial raw material crops. Mineral resources are also abundant; the large variety includes coal, iron ore, bauxite, copper, natural gas, petroleum, mercury, nickel, potash, and silver.