Canada must increase mining investment to regain top production spot — MAC report
Canada’s mining sector has recovered from the challenges of the pandemic, but more investment is urgently needed for Canada to fulfill its promise as a key player in the global green economy, says a new report from the Mining Association of Canada (MAC).
Economic Impacts and Drivers for the Global Energy Transition Report Highlights State of Canada’s Mining Industry
OTTAWA – Today, the Mining Association of Canada (MAC) released Economic Impacts and Drivers for the Global Energy Transition, a report that provides an overview of current trends in Canada’s mining sector based on updated statistics and analysis. The latest data is showing a strong return to form with recent increased policy supports expected to ensure […]
Canada’s budget measures brighten funding prospects for critical miners
Canada’s move to expand the investment tax credit for mining companies to align it with policies in the United States is accelerating funding talks for critical miners, company executives told Reuters.
Budget 2023 includes clean tech investment and support for Indigenous consultation
The latest federal budget shows the government seeking to push Canada closer to a net-zero economy, introducing new targeted tax credits and new investment to help drive the transition to renewable energy and promote the development of clean technologies, with the mining industry poised to reap the benefits.
MAC: Feds recognize industry’s critical role in economy, net-zero transition
On March 28, the Canadian government tabled the 2023 federal budget, of which a major focus was the mining supply chain and the country’s move to net-zero future, while strengthing on the country’s economy.
What ‘clean economy’ items stakeholders asked for in the federal budget
Several stakeholders made asks related to the clean economy when they submitted their wish lists during federal budget consultations, which began late last fall. Here is a look at what some companies, unions and industry groups asked for.
Federal budget could have big implications for Manitoba mining industry
With an insatiable demand for lithium around the world, new tax incentives unveiled in the 2023 federal budget could have big implications for Manitoba’s mining industry.
‘Our country can’t borrow its way to prosperity’: Business reacts to budget 2023
Business lobbyists, labour leaders and economists offered mixed reviews of Finance Minister Chrystia Freeland‘s 2023 budget.
Reactions: Canada 2023/24 budget deficit to jump, Ottawa to boost spending
Canada on Tuesday sought to close competitive gaps with United States with a budget aimed at attracting investment in the low-carbon economy, including tax incentives for electric-vehicle (EV) manufacturers and expanding the electricity grid.
Budget prioritises Canadian miners’ role in global critical minerals supply chain – MAC
The 2023 Budget, delivered by Finance Minister Chrystia Freeland on Tuesday, bolsters the ability of the Canadian mining sector to deliver for the country, recognising the industry’s central role in enabling the transition to a net-zero economy, says Mining Association of Canada (MAC) president and CEO Pierre Gratton.
