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Agriculture in Canada

Agriculture is the practice of growing crops and rearing animals mainly for food. Farmers also produce other items such as wool from sheep and CBD oil from hemp plants.

In Canada, agriculture is an important industry. Only about 7 per cent of Canada’s land can be farmed. Other marginal (poorer) land can be used to ranch cattle. Aquaculture operations are found on the East and West Coasts and in the Great Lakes. Some crops such as tomatoes, cannabis and flowers are grown in greenhouses in urban centres. Canadian agriculture faces many challenges. Some of these challenges concern crop protection, soil conservation, labour, climate change and health.

Click here for definitions of key terms used in this article.

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Cod Moratorium of 1992

On 2 July 1992, the federal government banned cod fishing along Canada’s east coast. This moratorium ended nearly five centuries of cod fishing in Newfoundland and Labrador. Cod had played a central role in the province’s economy and culture.

The aim of the policy was to help restore cod stocks that had been depleted due to overfishing. Today, the cod population remains too low to support a full-scale fishery. For this reason, the ban is still largely in place.

Click here for definitions of key terms used in this article.

Article

Media Convergence

Media convergence refers to the merging of previously distinct media technologies and platforms through digitization and computer networking. This is also known as technological convergence. Media convergence is also a business strategy whereby communications companies integrate their ownership of different media properties. This is also called media consolidation, media concentration or economic convergence. (See also Media Ownership.)

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Assets in Canada

An asset is a useful and desirable thing or quality. The word is most often used in business, financial or accounting contexts. Canada has some of the world’s most impressive physical and natural resources. These resources may be viewed as “national assets.” The concept is also useful in personal finance, as housing is most Canadian families’ largest asset.

Article

Debt in Canada

A debt is something that one owes to another. While debt can take many forms, the term usually refers to money owed. In a Canadian context, debts have become an increasing concern during the past three decades. According to Statistics Canada, at the end of the second quarter of 2020, Canadian non-financial businesses, governments and households owed almost $7.1 trillion in debts. That works out to roughly $186,000 per person. (See also Public Debt.)

Article

Financial Bubbles in Canada

In economics, a bubble refers to a rapid rise in asset prices, to the point that they become disconnected from the fundamental value of the underlying asset. A change in investor behaviour is the most common cause of a bubble. When many investors rush to invest in a new technology or take advantage of low interest rates, for example, the increased demand for the asset can raise the price far above its real worth.

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Trans Mountain Pipeline Expansion Project

The Trans Mountain Expansion is a project to build about 980 km of new pipe, most of which will run parallel to the existing Trans Mountain oil pipeline. The new line will carry diluted bitumen, or “dilbit,” from Edmonton, Alberta to Burnaby, British Columbia. The expansion will increase the pipeline route’s overall capacity from 300,000 barrels per day to 890,000 barrels per day.

The project’s first owner, Kinder Morgan Canada, sold it to the Government of Canada in 2018. The Trans Mountain Expansion has been a focus of environmental and economic debates, as well as political conflicts. The $12.6 billion project is now under construction.

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Commodities in Canada

In commerce, commodities are interchangeable goods or services. Many natural resources in Canada are viewed as commodities. They are a major source of the country’s wealth. Examples of commodities include a barrel of crude oil, an ounce of gold, or a contract to clear snow during the winter. Commodity products often supply the production of other goods or services. Many are widely traded in futures exchanges (see Commodity Trading).

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Sleeping Car Porters in Canada

Sleeping car porters were railway employees who attended to passengers aboard sleeping cars. Porters were responsible for passengers’ needs throughout a train trip, including carrying luggage, setting up beds, pressing clothes and shining shoes, and serving food and beverages, among other services. The vast majority of sleeping car porters were Black men and the position was one of only a few job opportunities available to Black men in Canada. While the position carried respect and prestige for Black men in their communities, the work demanded long hours for little pay. Porters could be fired suddenly and were often subjected to racist treatment. Black Canadian porters formed the first Black railway union in North America (1917) and became members of the larger Brotherhood of Sleeping Car Porters in 1939. Both unions combatted racism and the many challenges that porters experienced on the job.

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Automotive Industry

The automotive industry includes the production of cars and car parts (see automobile). Since the early 20th century, it has been one of Canada’s most significant manufacturing industries, as well as a key driver of Canada’s manufactured imports and exports, employment and overall industrial production. (See also Manufacturing in Canada; Industry in Canada.) Though dominated by foreign firms (largely American), Canada boasts a strong domestic parts manufacturing sector that emerged in the last part of the 20th century. Concentrated in Southern Ontario, Canada’s auto sector evolved as a consequence of industrial policies such as protectionism and free trade.

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Print Industry

Prior to the printing process of putting impressions on paper, foil, plastic or cloth, there are pre-press procedures such as design, artwork, layout, creation of type or graphics, film and platemaking, and press makeready. In the past all these processes were done by hand or camera.

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TC Energy (formerly TransCanada)

TC Energy Corporation (formerly TransCanada Corporation) is a natural gas, oil and power-generation company headquartered in Calgary, Alberta. TC Energy owns more than 92,600 km of natural gas pipeline in North America and transports more than 25 per cent of the gas consumed on the continent. It also operates power plants and gas storage facilities. A public company, it trades on the Toronto Stock Exchange and the New York Stock Exchange under the symbol TRP. In 2018, TC Energy registered $13.7 billion in revenue and $3.5 billion in profit and held $98.9 billion in assets. The company employs about 7,300 people, more than half of them in Canada.

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Keystone XL Pipeline

Keystone XL was a proposed 1,947 km long pipeline project that would have carried crude oil from Alberta to Nebraska. It was owned by Calgary-based TC Energy Corporation. The pipeline was named XL for “export limited.” First proposed in July 2008, it was the prospective fourth phase of TC Energy’s existing Keystone Pipeline system. In Canada, Keystone XL had the support of both the federal and Alberta governments. However, the project faced significant opposition and legal challenges on environmental grounds. In January 2021, United States president Joe Biden cancelled its permit on his first day in office. On 9 June 2021, TC Energy and the Alberta government announced the termination of the Keystone XL pipeline.