A national alliance of mineral exploration and mining associations are urging Mines Ministers, having convened for their 76th annual conference in Cranbrook, to take action to ensure Canada remains a globally competitive jurisdiction and can continue to attract mineral investment.
A brief submitted by the Canadian Mineral Industry Federation (CMIF) proposes a series of recommendations organized under the six strategic directions identified in the Canadian Minerals and Metals Plan (CMMP) published earlier this year. The plan, developed by Natural Resources Canada with the support of most provincial and territorial governments, identifies specific areas where collaboration and action by federal, provincial and territorial governments can boost Canada’s ability to attract new mineral investment. While Canada has long benefited from a prosperous minerals and metals industry, the country is not immune to global competitive forces and cannot take the benefits and opportunities that exploration and mining presents to Canadians for granted. This year, CMIF proposes the following recommendations in support of the CMMP’s ambitious strategic directions:
In order to attract greater investment and enhance the competitiveness of the mineral sector, Canada’s Mines Ministers must be bold. CMIF’s proposed recommendations, aligned with the CMMP, provide needed support to Canada’s mineral industry to ensure its ongoing competitiveness. With the strong building blocks Canada already has in place, and with mineral exploration and mining playing a critical role in the low-carbon future, the need to support one of the country’s most significant sectors is more important now than ever before.
QUOTES:
“Without the vital support of governments to achieve the recommendations by CMIF, Canada’s exploration and mining industry—once envied the world over for its mineral wealth and abundance of exploration and extraction expertise—will continue slipping from its position of dominance. As foreign competition soars, we are left chasing countries that once viewed us as the global benchmark. The recommendations, in partnership with the CMMP, will ensure Canada’s continued success as a leader in exploration and development, providing major social and economic benefits for generations to come,” says PDAC President Felix Lee.
“We are encouraged by the commitments in the new Canadian Minerals and Metals Plan (CMMP). Our recommendations, through CMIF, seek to harness the momentum of the CMMP to address Canada’s declining mining competitiveness and restore Canada’s position as the dominant mining nation. The time has come for bold action and we call on federal, provincial and territorial leaders to act on these recommendations,” said Ben Chalmers, Senior Vice President of The Mining Association of Canada.
About the Prospectors & Developers Association of Canada (PDAC)
PDAC is the leading voice of the mineral exploration and development community. With over 7,500 members around the world, PDAC’s work centres on supporting a competitive, responsible mineral sector. PDAC is known worldwide for its annual PDAC Convention—the premier international event for the industry—that has attracted over 25,000 people from 135 countries in recent years and will next be held March 1-4, 2020 in Toronto.
About the Mining Association of Canada (MAC)
The Mining Association of Canada (MAC) is the national organization for the Canadian mining industry. Its members account for most of Canada’s production of base and precious metals, uranium, diamonds, metallurgical coal, and mined oil sands, and are actively engaged in mineral exploration, mining, smelting, refining and semi-fabrication.
About the Canadian Mineral Industry Federation
The Canadian Mineral Industry Federation (CMIF) comprises more than 20 national, provincial and territorial associations that represent various components of the Canadian mineral and mining industry.
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