how do government subsidies influence the development and use of Canadian resources?

Question

i am having problems with ths question I really need an answer! so How does canadian money influence the development of it's resources?

Answer 1

Canadian government subsidies makes the creation and/or expansion of industries to exploit resources easier. By adding government capital into the exploration and development of natural resources the risk of private capital is lessened, and may also encourage private investors and companies to risk their capital in creating new industries by helping the development oor expansion of new instries.

(suggestion: Do research on the budget of the Canadian government. See what money they allocated in recent years to develop and/or expand natural reources and indusries. Use words and terms like: government subsidies...new industries supported by the government. Check the Canadian stockmarket..what stocks have recently grown in value (their share price). Did the government play any role? If so, how?