Benefits or role of St. Lawrence Seaway to the economies of U.S.A. and Canada
Benefits/Role of St. Lawrence Seaway to the Economies of U.S.A. and Canada.(a) Source of foreign exchange for the two countries because many tourists are attracted hereby the scenery e.g. Niagara Falls.(b) Dams along the seaway are used to produce H.E.P. which stimulated growth of industries.(c) Fishing is undertaken in dams and lakes along the water way.(d) Development of agricultural activities along the seaway e.g. villages which practice horticultural farming.(e) It’s a source of employment e.g. tour guides, security, transport, etc.(f) Source of revenue to U.S.A. and Canada from toll charges paid by ships which go there.(g) Lakes and the seaway are sources of fresh water for domestic and industrial purposes.(h) Increased trade between the two countries and other countries of the world.(i) Reduction of transport costs to and from the interior of the continent.