The Mining Association of Canada (MAC) welcomes the new Canadian Minerals and Metals Plan (CMMP), a milestone initiative in support of Canada’s minerals and metals industry. The CMMP, which includes measures that aim to enhance the sector’s competitiveness, advance the participation of Indigenous communities and promote Canada’s role as a global leader in the mining sector, is an ambitious plan and provides vision that will position the industry for success in the years to come.
“We appreciated the opportunity to collaborate with federal, provincial and territorial governments to provide the perspective of Canada’s mining industry throughout the drafting process of the CMMP,” said Pierre Gratton, President and CEO of MAC.
Given the important role Canada’s mining industry plays in the economy and as an employer in communities across the country, addressing the sector’s waning competitiveness has been an issue of critical importance over the past several years.
Gratton continued, “In order to attract greater investment and enhance the competitiveness of the mining sector, the CMMP proposes a number of initiatives, including strategic investments in infrastructure, supporting financing and taxation systems that support exploration, promoting more agile and efficient regulatory systems and investing in Indigenous training initiatives and mining innovation. If all of Canada’s governments take steps to put this plan into action, the competitive landscape for new mineral exploration and mining investment will be much improved.”
As demand for minerals and metals continues to grow, and with Canada a leader in sustainable mining practices, there is tremendous potential for the country to position itself as a responsible supplier of the mineral and metal products the world needs.