Canada ranks seventh in the world in gross domestic product and is one of the world's largest producers of a wide variety of minerals. The mineral industry, forest products, and agriculture have been major factors in Canada's economic development. The spectacular growth of Canadian manufacturing, particularly since the 1950s, has transformed the nation from a rural, agricultural society into one primarily industrial and urban. Industry is now the leading segment of the nation's economy, employing one-third of the work force. A US passport, birth certificate, or naturalization certificate will suffice.
Climate varies by region.
The unit of currency is the Canadian dollar. Canadian and US dollars are fully convertible at banks and at most border crossing points. Newfoundland's annual regatta is one of the oldest sporting events in North America. Prince Edward Island features Country Days and Old Home Week, with music, agricultural and handicraft displays, harness racing, and parades. Events in Nova Scotia include the Annapolis Apple Blossom Festival, the Halifax Tattoo, and the Highland Games.