I wonder if you take out fossil fuel and logging out of Canada’s GDP if it still would be higher than Tokyo’s. Not much logging and oil drilling going on in Tokyo I reckon.
Yes, it’s a resource-based economy. Agriculture and mining are also huge. They’re all kind of hard to get at resources, though, so it’s not like the Persian Gulf, where there’s no expenses and it’s a money printer. Basically, outside of certain parts of Ontario, people work in that instead of in factories. (And forestry in particular is being imploded by the US, right now)
Tokyo should, in theory, have all kinds of highly skilled professionals, who earn more than whatever logging grunt. But, the gap is still like 150%.
I wonder if you take out fossil fuel and logging out of Canada’s GDP if it still would be higher than Tokyo’s. Not much logging and oil drilling going on in Tokyo I reckon.
Yes, it’s a resource-based economy. Agriculture and mining are also huge. They’re all kind of hard to get at resources, though, so it’s not like the Persian Gulf, where there’s no expenses and it’s a money printer. Basically, outside of certain parts of Ontario, people work in that instead of in factories. (And forestry in particular is being imploded by the US, right now)
Tokyo should, in theory, have all kinds of highly skilled professionals, who earn more than whatever logging grunt. But, the gap is still like 150%.
Add mining too. We export a lot of raw minerals