Recently, Canada’s mining ministers announced the new Canadian Minerals and Metals Plan (CMMP) to draw attention to the importance of the sector and create a road map for the future.
Some of the key themes of the CMMP are raising awareness, responding to ongoing and emerging challenges and helping to position the country as a major supplier of the minerals and metals that will power the cleaner global economy of tomorrow.
“While Canada has long benefited from a prosperous minerals and metals industry, we are not immune to global competitive forces, and cannot take the benefits and opportunities that mining offers Canadians for granted,” Pierre Gratton, president and CEO of the Mining Association of Canada, said in a press release.
The CMMP proposes initiatives like strategic infrastructure investment and exploration support, pushing for more effective regulatory systems and increased investment in Indigenous training initiatives and mining innovation.
Some critics, however, suggest the plan is too vague. “The CMMP lays out some broad-brush activities the government can pursue,” Lindsay Kislock, vice-president of corporate affairs at the Mining Association of BC, told Business in Vancouver. “We would like to see it drilled down to more specifics.”
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