In Canada, the mining sector is a major exporter and involves high flows of inward and outward investment. For the industry to continue making positive economic contributions at home and abroad, it must have access to key markets and continue with a two-way free flow of goods and capital.
Mineral and metal products are strategically important to countries with large or growing infrastructure and manufacturing sectors. Today, China, India and various countries in Latin America and Africa are of growing importance to Canada’s trade strategy.
MAC advocates for effective trade and investment policies, which play an integral role in opening up the industry to new markets. Mechanisms such as free trade agreements and foreign investment promotion and protection agreements are critical to enable the Canadian mining industry to invest abroad and to export its products more freely to an increasing number of destinations.