Abstract
Compared to the rest of the international economic community. Canada has an economic advantage in its substantial natural resource economy. This sector in itself does not create social and personal problems; however, when poor economic policy causes the natural resource sector of the economy to function poorly, social and personal problems can be prevalent in that sector. Some degree of economic malfunctioning can arise from mismanagement of the natural resource industries but often the remedy to economic malfunctioning is complicated by historical patterns and political necessities. Illustrations are provided from: the Economic Council of Canada Study of the Newfoundland fishery subsidies and migration; and their study of the economic problems associated with the forestry industry in British Columbia.
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