Barriers to mining remains in Canada's north: Mining Association of Canada
Canada exported record levels of metals and minerals in 2021 – roughly one-fifth of Canada’s total merchandise exports -- according to a new report by the Mining Association of Canada .
“In 2021, the sector made up a larger portion of Canada’s economy than finance, construction, transportation or retail trade,” says the MAC report, The Canadian Mining Story.The future prospects for mining in Canada look even stronger, thanks to the recognition of the importance of critical minerals for the energy transition – something that is being acknowledged by governments around the world, many of which are scrambling to secure their own supplies of critical minerals.
“Recent commitments, specifically those included in Budget 2023, will improve our industry’s ability to provide the minerals and metals integral to low-carbon technologies and the energy transition – this is good news as time is of the essence if we are to establish Canada as the global mining supplier of choice,” said MAC president Pierre Gratton.
“Investments in power, communications and transportation by all levels of government will help to connect the North to the rest of Canada, and allow for the responsible development of mineral resources there,” the report recommends.
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