Global S&T Development Trend Analysis Platform of Resources and Environment
Federal Budget 2018 falls short on enhancing business competitiveness | |
admin | |
2018-02-27 | |
发布年 | 2018 |
语种 | 英语 |
国家 | 加拿大 |
领域 | 地球科学 |
正文(英文) | The Mining Association of Canada (MAC) expresses disappointment that Budget 2018 contains few measures to enhance the competitiveness of Canadian business. “Global competition for new mining investment has never been more intense,” stated Pierre Gratton, President and CEO, MAC. “With optimism returning to the global mining sector, Canada stands to gain by attracting new investments in mineral exploration and investment, creating high-paying, middle class jobs for Indigenous and non-Indigenous Canadians. Unfortunately, Budget 2018 does little to enhance Canada’s competitiveness at a time when the country’s relative share of exploration spending and new mine investment has been declining, and as our major trading partner, the United States, has significantly reduced corporate and personal income taxes.” Notwithstanding these general concerns, the association welcomes several policy measures in Budget 2018, particularly those focused on efforts to enhance workforce diversity, notably:
The long-term prospects for global mining growth remain strong, driven by emerging market demand for minerals and metals. Additionally, the global transition to a low carbon future will serve to increase demand for mining products as they are the building blocks of low carbon technologies. Canada’s ability to seize growth opportunities and harness the potential of a low carbon future rests on its policy and fiscal environment. The mining industry is a major sector of Canada’s economy, contributing $57.6 billion to national GDP and responsible for 19 percent of the value of Canadian goods exports in 2016. Canada’s mining sector employs 596,000 people directly and indirectly across the country. The industry is proportionally the largest private sector employer of Indigenous peoples in Canada and a major customer of Indigenous-owned businesses. -30- About MAC The Mining Association of Canada is the national organization for the Canadian mining industry. Its members account for most of Canada’s production of base and precious metals, uranium, diamonds, metallurgical coal, mined oil sands and industrial minerals and are actively engaged in mineral exploration, mining, smelting, refining and semi-fabrication. Please visit www.mining.ca.
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URL | 查看原文 |
来源平台 | Mining Association of Canada |
文献类型 | 新闻 |
条目标识符 | http://119.78.100.173/C666/handle/2XK7JSWQ/102354 |
专题 | 地球科学 |
推荐引用方式 GB/T 7714 | admin. Federal Budget 2018 falls short on enhancing business competitiveness. 2018. |
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