The province appeals to mining investors because it’s able to match its relatively strong endowment with competitive policies
By Jairo Yunis and Alex Whalen The Fraser Institute As Newfoundland and Labrador deals with the effects of COVID-19 and recession, good news economic stories appear to be in short supply. However, a recent survey of investors sheds light on the province’s mining potential. Mining plays an important role in the province’s economy and the…
Local access is crucial if we are to ensure the long-term viability of our technology sector
The Canadian mining sector has been a vital cog in the country’s economy during the pandemic, with the importance of the industry growing steadily over time. Operations and exploration continued during the COVID-19 outbreak, collaborations with Indigenous communities expanded, technological sophistication accelerated, and, at a time when environmental assessment processes deter investment in Canada, international…
To attract the investment required to develop resources, mitigating the risks of policy uncertainly needs to be a top priority
By Jairo Yunis and Elmira Aliakbari The Fraser Institute The COVID recession has hurt Canada’s natural resources sector, with supply disruptions, commodity price declines and greater uncertainty regarding future demand. Not surprisingly, capital investment in the Canadian mining industry has dropped to its lowest level since 2009. Of course, business investment should be a key…
We need a national mining strategy so Canada can supply the global market with the lithium needed for electric vehicle batteries
Political pundits, politicians and talking heads in the media for the most part spend very little time watching for disruption and innovation in the marketplace. A global consensus has formed that oil as a form of transportation energy should become a stranded asset. Alberta’s vast lithium reserves mean the province can forget about yesterday and…
A three-point plan to ensure Canadians benefit from the market disruption and innovation
The home of hockey, curling, maple syrup and Celine Dion is a nation overflowing with precious metals from coast to coast to coast. Canadian provinces like Alberta and Saskatchewan, known for oil sands operations, also have an abundance of lithium. Why is this important? The impending global electric vehicle tsunami is about to cause major…
Windy Craggy is a perfect example of how misguided environmental activism is fuelling northern alienation
A World Heritage Site designation continues to prevent development of one of the largest cobalt and copper deposits in North America. That lack of development is denying opportunities for Indigenous and non-Indigenous communities. And it serves as an example of how environmental activism is fuelling northern alienation. Windy Craggy is in northwestern British Columbia, about…
Researchers and employers are teaming up to train the next generation of diamond explorers
The interesting facet in searching for diamonds, according to University of Alberta expert Graham Pearson, is you don’t actually look for diamonds, you look for indicator materials that suggest they might be present. The same could be said for how mineral exploration and mining companies use the U of A to top up their workforce.…
Canadian miners don’t venture haphazardly into the wild; they’re known for their careful planning and stable dividend yields
By Paz Gomez Research associate Frontier Centre for Public Policy Canadian mining companies have proved sustainable economic growth is compatible with the safe handling of a pandemic. Their financial acumen and business resilience show the rest of the country the way forward. A PwC report released in June demonstrates Canadian miners are weathering the COVID-19…
Plan requiring projects to describe how they will achieve net-zero emissions may not even be feasible
By Alex Whalen and Elmira Aliakbari The Fraser Institute Newfoundland and Labrador’s energy sector, already struggling from the downturn in world oil markets and the COVID-19 recession, has taken another blow – this time directly from the federal government. The Liberal government of Prime Minister Justin Trudeau recently imposed new rules – known as the…
Zinc is a critical ingredient in a variety of products, including soap. In the midst of a pandemic, we need to ensure supply
Zinc is an important ingredient in disinfectants such as soap, so it plays an important role in preventing the spread of COVID-19. As we know, the twin pillars of COVID-19 prevention are social distancing and washing your hands properly. So mining this bluish-white metal is important to Canada’s strategy for addressing the pandemic at home.…