04 Mar Canada launches ‘generational’ mining master plan at PDAC 2019
Canada’s Natural Resources Minister Amarjeet Sohi has launched a new master plan for the mining industry at the Prospectors and Developers Association of Canada’s (PDAC) 2019 convention in Toronto.
The Canadian Minerals and Metals Plan (CMMP) covers six key issues identified during a two-year period of stakeholder engagement, including: Competitiveness, the participation of Indigenous Peoples, community benefits, respect for the environment, scientific and technological innovation and global leadership.
“In a world increasingly looking for sustainably and responsibly sourced mineral products, Canada is unmatched,” said Sohi during a staged event at PDAC.
“As global demand for sustainably developed resources grows, Canada must continue to capitalise on its natural and human advantage to ensure our competitiveness in global markets.”
The minister went on to call the policy document a ‘generational initiative’, with the potential to raise awareness of the importance of the minerals and metals industry, while simultaneously responding to ongoing challenges in the sector.
However, two Canadian mining ministers, Greg Rickford of Ontario and Bronwyn Eyre of Saskatchewan, refused to endorse the plan.
“Ontario, Saskatchewan and the mining industry are concerned about how misguided federal policy will stand in the way of progress, said Rickford. “Energy-intensive sectors, such as mining, are at great risk of suffering from skyrocketing energy costs.”