Le Lézard
Classified in: Mining industry
Subjects: CPN, AVO

The Mining Association of Canada Comments on Outcome of Federal Election


OTTAWA, Oct. 22, 2019 /CNW/ - The Mining Association of Canada (MAC) congratulates Prime Minister-designate Justin Trudeau on his election victory and looks forward to working with the government to maintain and grow responsible mining development in Canada. 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.

"Our industry is responsible for over 620,000 jobs across Canada, contributes $97 billion to the country's GDP and is a global leader in sustainable mining practices," said Pierre Gratton, President and CEO of MAC. "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."

The Liberal platform specifically included commitments on resource sector electrification and zero-emission vehicles, Indigenous reconciliation, and infrastructure investments, particularly in Canada's North where tremendous opportunities for the mining sector exist. Similarly, the other party platforms also included commitments related to infrastructure, innovation, investing in the North and sustainability, presenting opportunities for collaboration.

"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," continued 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 and its members would like to thank all outgoing MPs for their support for the Canadian mining industry over the years and looks forward to meeting with newly elected members from all parties to discuss the importance of the sector and ensure it is well positioned for future success.

The mining industry is a major sector of Canada's economy, contributing $97 billion to national GDP and responsible for 19 percent of Canada's total domestic exports. Canada's mining sector employs 626,000 people directly and indirectly across the country. The industry is proportionally the largest private sector employer of Indigenous peoples in Canada and a major customer of Indigenous-owned businesses.

About MAC
The Mining Association of Canada 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, mined oil sands and industrial minerals and are actively engaged in mineral exploration, mining, smelting, refining and semi-fabrication. Please visit www.mining.ca

SOURCE Mining Association of Canada (MAC)


These press releases may also interest you

18 avr 2024
Alaska Energy Metals Corporation ("AEMC" or the "Company") today announced that it has filed an amended Technical Report titled "Nikolai Mineral Resource Estimate Technical Report Amended and Updated" (the "Amended Report"), with an effective date...

18 avr 2024
Bonterra Resources Inc. ("Bonterra" or the "Company") is pleased to announce that it has entered into an agreement with Eight Capital as lead agent (the "Agent") in connection with a "best efforts" private placement of up...

18 avr 2024
Western Alaska Minerals (the "Company" or "WAM") is pleased to announce that it has entered in to an agreement with Roth Canada Inc. as co-lead agent and sole bookrunner, Canaccord Genuity Corp., as co-lead agent with Roth and...

18 avr 2024
Providing a comprehensive overview of NOVAGOLD's Environmental, Social and Governance (ESG) performance, emphasizing remarkable health and safety records, steadfast dedication to environmental protection, continuous community investment, extensive...

18 avr 2024
VIOR INC. ("Vior" or the "Corporation") ; and is pleased to announce that it has closed a non-brokered private placement (the "Offering") for gross proceeds of $2,520,000, by issuing 20,160,000 units of the Corporation...

18 avr 2024
Reyna Silver Corp. ("Reyna" or the "Company") is pleased to announce a non-brokered listed issuer financing exemption (LIFE) private placement of up to 6,250,000 units of the Company ("Units") at a price of $0.16 per...



News published on and distributed by: