A variance has several meanings in business. In an accounting sense, a variance is the difference between an actual amount and a pre-determined standard amount or the amount budgeted. In a statistical sense, a variance is a measure of the amount of spread in a distribution.
CANADIAN GEOGRAPHY & CLIMATE. Canada is the second largest country on earth, covering an area of 10 million square kilometres (3.9 million square miles). Three oceans border Canada: the Pacific Ocean in the west, the Atlantic Ocean in the east, and the Arctic Ocean to the north.
Canada is the worldâs second largest province or territory, after Russia. Much of Canada is made up of the mineral rich Canadian Shield. Even with its size, Canada is one of the lowest population density of any of the provinces or territories in the world. History.