Geography 2010A/B Lecture Notes - Lecture 11: Territorial Formula Financing, Northwest Passage, Baffin Island
12 Jan 2017
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Document Summary
It is a region rich in natural resources but slow to develop. Yukon, northwest territories, and nunavut represent canada"s last frontier. Of the 6 regions in canada, it is the largest in area but the smallest in population. Aboriginal peoples make up the majority of the population, It is one of the most sparsely populated areas on earth. The economic performance of the region is limited to non-renewable resources. This makes the region vulnerable to sharp fluctuations in global demand for its exports. Historically, the economy has been subject to boom-and-bust cycles. The aboriginal residents currently have a high birth rate but a low death rate, accounting for high population growth by natural increase. When the economy in the region stalls, the non-aboriginal residents are more likely to move to the provinces for job opportunities. Provinces: receive their powers as outlined in the constitution act of 1867. Territories: delegated powers under the watch of the federal government.
