Coat of arms of the Canary Islands Coat of arms of the Canary Islands The coat of arms of the Canary Islands is the central device of the flag of the Canary Islands. It reads "Oceano". The designs were made official by the Statute of Autonomy of the Canarian Autonomous Community (Organic Law 10/82) on 10 August 1982. The coat of arms displays on top the Spanish royal crown. The seven gray islands represent the Canary Islands of volcanic origin in the Atlantic Ocean. The supporters are dogs from which the islands may derive their name, possibly from the Latin term "Insula Canaria", meaning Island of the
Europe within Norway, although it is not autonomous. Not included are the three countries of the United Kingdom with devolved powers and the two Autonomous Regions of Portugal, which despite having a unique degree of autonomy, are not largely self-governing in matters other than international affairs. Areas with little more than a unique tax status, such as Heligoland and the Canary Islands, are also not included for this reason. As a continent, the economy of Europe is currently the largest on Earth and it is the richest region as measured by assets under management with over $32.7 trillion compared to North