Canada, located in Northern North America, is one of the wealthiest nations in the world. Canada is similar to the US in its market-oriented economic system, way of producing and prosperous living values. The country's diversified economy largely relies on its rich deposits of natural resources and on trade. It is a net exporter of energy. Canada has vast deposits of natural gas and oil. After Saudi Arabia, the country has the second largest oil reserves in the world. It is also a significant supplier of agricultural products like wheat, canola and other grains. Its the largest producer of zinc and uranium. Automobiles and aeronautics are predominantly important industries of Canada.