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PDAC, MAC respond to Canadian federal election

by Greg Klein | October 22, 2019

Except for the overwhelming Conservative presence from eastern British Columbia to western Ontario, Canada’s federal election showed little political solidarity in resource-dependent regions. Liberals, Bloc Québécois and New Democrats also found hinterland support on October 21. The following day the country’s largest mining associations congratulated Justin Trudeau and his minority party.

PDAC, MAC respond to Canadian federal election

“PDAC looks forward to working with the prime minister, his forthcoming cabinet and all MPs to further enhance the competitiveness of Canada’s mineral industry,” commented Felix Lee, president of the Prospectors & Developers Association of Canada.

The Mining Association of Canada stated: “With a minority government the mining industry looks forward to working together with all parties to ensure one of Canada’s most important resource sectors is supported.”

PDAC pledged to collaborate with government on priorities including land access, fiscal policy and regulatory certainty. “Canada is a mineral exploration and mining nation, and our sector generates significant economic and social benefits in remote communities, indigenous communities and large cities across the country,” Lee pointed out. “In order to maintain the opportunities provided by our industry, government support is critical.”

MAC reminded Liberals of campaign commitments to resource sector electrification, indigenous reconciliation and infrastructure investments, especially in the North. “Similarly, the other party platforms also included commitments related to infrastructure, innovation, investing in the North and sustainability, presenting opportunities for collaboration.” the association added.

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 vital sectors is more important now than ever before.—Pierre Gratton,
Mining Association of Canada

“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 present to Canadians for granted,” remarked president/CEO Pierre Gratton.

“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 vital sectors is more important now than ever before.”

MAC credits the industry for providing more than 620,000 jobs, proportionately the private sector’s most native-held jobs, $97 billion (over 5%) of GDP, 19% of Canadian exports and global leadership in sustainable mining practices.

“It will be important to ensure our sector is a key aspect of federal government policy, as providing a competitive investment climate is critical to the success of our industry and the contribution we make to the overall strength of the Canadian economy,” Gratton emphasized.

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