As per Aerospace Industries Association of Canada (AIAC), gross sales were $21.7 billion in 2004, with exports reaching a record high of $18.3 billion – 84% of total sales. Diamonds are a recent discovery that has added sparkle to the Canadian economy. First major discoveries were made in the Northwest territories in 1991, and Ekati – the first diamond mine – became operational in 1998. Statistics Canada states that Canada is now the world’s 3rd largest diamond producing nation showing immense potential.
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Source:- IIPM Editorial, 2006
