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Mining Association of Canada Comments on Federal Election Results

OTTAWA (ON), September 21, 2021 /CNW/ – The Mining Association of Canada (MAC) congratulates the Prime Minister designate Justin Trudeau of his election victory and looks forward to working with the government to improve the responsible development of mining and critical minerals in Canada. The mining industry looks forward to working with all parties to ensure one of the from Canada the most important resource sectors are supported.

“Mining is one of the most economically important sectors Canada and contribute $107 billion to the country’s total nominal GDP and represents 19% of the value of Canadian goods exported. The Canadian mining industry is also a major employer, accounting for one in every 26 jobs in the country,” said Pierre Graton, President and CEO of CMA. “from Canada The mining industry is well placed to provide the materials, especially critical minerals, essential for healthcare, communications and low-carbon technologies, and our sector would benefit from strategic government support to ensure that we are able to seize the opportunity presented to us. »

With one of the cleanest power grids on the planet, with 82% of generation coming from non-GHG emitting sources, Canada produces some of the world’s most low-carbon mineral and metal products and can and should play a much bigger role in providing the materials the world needs to get to net zero. One of the biggest climate actions Canada can take in support of the goals of the Paris Agreement is to maximize domestic production of the low-carbon metals and materials needed to meet the projected demand for clean technologies.

“The question is not whether we need minerals and metals to meet our climate goals, but rather whether Canada will become the supplier the world needs,” continued Gratton. “from Canada mining sector operates some of the least carbon-intensive mines in the world thanks to from Canada the abundance of clean energy, the adoption of world-class sustainability standards like Towards sustainable mining and companies’ adoption of low-emission technologies at their sites. Our industry should be the supplier of choice for the minerals and metals needed for low-carbon technologies like solar panels, nuclear power, wind turbines and battery electric vehicles. »

The Liberal platform included measures to position from Canada mining industry to maximize emerging opportunities in critical minerals and battery electric vehicles and markets. The proposed doubling of the Mineral Exploration Tax Credit for materials on Canada’s Critical Minerals List and commitments to strengthen the Mines to Mobility strategy to create “an end-to-end sustainable battery supply chain, creating opportunities for Canadian workers in the mining industry from extraction to processing and manufacturing,” are positive for the mining sector. The CMA has also been encouraged by Liberal commitments to infrastructure investment, particularly in from Canada North.

“By providing specific support for mining electrification, clearer and more efficient permitting processes and incentives for the discovery of new deposits of minerals and battery metals, Canada would send a clear signal to the world that it is committed to being a global leader in mining,” Gratton said. “We look forward to working with all elected officials to support the mining sector to ensure it is well positioned to succeed in the future.

The mining industry is a major sector of from Canada the economy, contributing $107 billion to the national GDP and is responsible for 19 percent of from Canada total national exports. from Canada mining sector employs 692,000 people directly and indirectly across the country. Industry is proportionally the largest private employer of Aboriginal people in Canada and a major client of Aboriginal-owned businesses.

About the CMA
The Mining Association of Canada is the national organization of the Canadian mining industry. Its members represent most of the from Canada 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- manufacturing. Please visit www.mines.ca.

SOURCE Mining Association of Canada (MAC)

For further information: Cynthia Waldmeier, Director of Communications, Mining Association of Canada, Telephone: 613-233-9392 ext. 225 or 613-894-2128 (cell), Email: [email protected]

Related links

http://www.mines.ca