Canada to create overseas mining watchdog early in 2018 – by Nicole Mordant (Reuters U.S. – December 12, 2017)

https://www.reuters.com/

(Reuters) – Ottawa plans early next year to create an independent office to oversee Canadian mining, oil and gas companies’ activities abroad, a government spokesman said on Tuesday, a move that environmental and human rights groups have long demanded.

The office would have both an “advisory and robust investigative mandate,” a spokesman for Canadian Trade Minister Francois-Philippe Champagne said in an email.

The move would fulfill a 2015 campaign promise by Canadian Prime Minister Justin Trudeau’s Liberal Party to appoint an extractive industries’ watchdog.

Nearly two-thirds of the world’s public mining companies are listed in Canada, while Canadian mining and exploration companies were present in 102 foreign countries in 2015, according to Canadian government data.

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