THE VOICE OF THE CANADIAN

MINING INDUSTRY SINCE 1935

Government’s bold infrastructure plan sets Canada on right direction

The Mining Association of Canada (MAC) applauds the federal government’s nation-building infrastructure plan, including the creation of a new Canada Infrastructure Bank, announced today in the Fall Economic Statement.

“The Government of Canada’s visionary infrastructure plan is going to set Canada on a path of long-term, sustainable growth. The government’s bold actions on infrastructure will help get Canadian goods to market, address the unique challenges in remote and northern communities, and support the transition to a lower carbon economy,” stated Pierre Gratton, President and CEO, MAC. “Such strategic leadership by Prime Minister Trudeau and his government should be commended.”

With this plan, government has communicated an unprecedented vision for how infrastructure will transform remote and northern Canada—regions that are critically important to, and reliant on, Canada’s mining sector.

“We believe the government’s commitment to northern infrastructure investment, including establishing the new arm’s length Canada Infrastructure Bank, is both bold and essential for Canada’s long-term economic growth, and certain to help attract new private sector investment,” stated Gratton.

The mining industry is ideally situated to generate significant and meaningful employment, spin-off business and other social and economic opportunities for Indigenous and remote and northern Canadians. In the territories, for example, the mining industry is the single largest private sector employer of Indigenous peoples, and the leading contributor to GDP.

The acute lack of infrastructure in Canada’s remote and northern regions is inhibiting further sustainable mineral development due to the high costs of exploring, building and operating in these regions. MAC co-authored a recent study that found that it costs about 2 to 2.5 times more to build a gold or base metal mine in northern Canada off grid than in the south as a result of the lack of infrastructure.  Northern communities are also themselves dependent on carbon-intensive diesel power and often lack basic infrastructure Canadians in southern Canada take for granted.

The establishment of an infrastructure bank was a core recommendation in this study. It was also recommended by several Aboriginal and business organizations, and most recently the Advisory Council on Economic Growth. MAC has pointed to the Alaska Industrial Development and Export Authority as a successful model that Canada could examine.

-30-

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 and mined oil sands, and are actively engaged in mineral exploration, mining, smelting, refining and semi-fabrication. Please visit www.mining.ca.

Related Resources

Press Release  | 
OTTAWA, July 18, 2018 – The Mining Association of Canada (MAC) welcomes the appointment of the Honourable Amarjeet Sohi as Canada’s new Minister of Natural Resources, succeeding the Honourable Jim[...]

Popular Resources

Report  | 
MAC’s annual flagship publication detailing the latest trends in the Canadian mining industry.

Canadian Mining Stories

The sector is a major economic driver in our Canadian economy and a great contributor to jobs and leading technologies and here are our stories. 

TSM / Going Global

Towards Sustainable Mining®. Made-in-Canada, Going Global. Canada was the first to develop an externally-verified performance system for mining operations. Since then, countries around the world have adopted TSM® to draw from Canada’s...

Suncor / East Tank Farm Development

Innovative and collaborative spirit is securing benefits for generations to come In 2017, Fort McKay First Nation (FMFN) and Mikisew Cree First Nation (MCFN) completed the purchase of a 49%...

Subscribe to MAC News

Name

*Indicates a required field

You can unsubscribe from these communications at any time. For more information on how to unsubscribe, our privacy practices, and how we are committed to protecting and respecting your privacy, please review our Privacy Policy.

By clicking submit, you consent to allow The Mining Association of Canada to store and process the personal information submitted above to provide you the content requested.