Canadian diamonds with a trademark polar bear image are conquering the world. Why? Over the last decade or so Canadian diamonds have become a symbol for quality and they also don't have to fear from being tagged as blood diamonds like this is the case with some diamonds coming from Africa.
Canada, together with Russia and Botswana, belongs to top three diamond producers in the world. Canada's huge production of diamonds is set to continue for at least next two decades because Canada's major diamond mines such as Ekati, Diavik, Jericho and Snap Lake still have plenty diamonds left in them.
Even if these famous mines run out of diamonds in years to come this should not have significant impact on future diamond production in Canada because Canadian North should soon become a home for several new diamond mines.
Canadian diamond industry has given huge boost to Canadian economy by creating many new, permanent well paid jobs. According to current estimates there are close to 4,000 workers currently employed by the Canadian diamond industry. Some jobs, like for instance diamond cutters often achieve salaries over $100,000.
Canada also plans to use its wealth of diamonds for the purpose of tourism and has already announced plans to build a "diamond promotion centre" where visitors can see how the diamonds are made.
One thing is sure, diamonds are likely to play major role in Canada's economy for years to come.
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