Write a team paper about the economic history of a Canadian town or Term - 1

Write a team about the economic history of a Canadian town or city of your own choosing - Term Paper Example Furthermore, Ontario is the main manufacturing centre with many industries ranging from communication technologies, automobiles, pharmaceuticals, biotechnology and medical services. In the entire Northern America, Ontario has the largest jurisdiction in North America in terms of assembly of automobiles according to the available statistics, in 2011; Canada exported 88% of its produced vehicles most of them destined for the United States. In the same year again, Ontario made exports from its manufacturing industries worthy $258 billion (Ontario, 2014). In terms of employees, Ontario has a higher number of employees in its manufacturing industries compared to Texas and California. In the agricultural sector, Ontario has got the first class farming lands in the entire country and there are about 51,950 farms according to the 2011 census. When translated in the entire country, they make about a quarter of the entire productive land in Canada. The main production from Ontario’s agr icultural sector include, flowers, cash crops, fruits, dairy and beef cattle farms, ornamentals, and vegetables (Ontario, 2014). The forestry sector also contributes to Canada’s economy; it supports the standard of living to about 53,000 people. In mineral production, the city produced a revenue of $10 billion dollars in 2011 (Ontario, 2014). The economic history of Ontario dates back to 12,000 years before the arrival of the European settlers. The Iroquoian and Algonquian had settled on Ontario in the past 12000 years (Ontario, 2014). In early 1600s, both British and French colonist started arriving to work in Ontario (Ontario, 2014). After the 7 year old war from 1756-1763, most of the land had been grabbed by the British settlers. This area was later named the province of Quebec that covered Ontario, Part of the United States, and Quebec. Immediately after the revolution, most of the Americans loyal to the British settlers moved to Ontario (Ontario, 2014). Later, Ontario was