ST. JOHN’S — Mines Ministers from across Canada concluded two days of discussions today in St. John’s at their annual conference hosted by the Honourable Kathy Dunderdale, Minister of Natural Resources for Newfoundland and Labrador. The ministers discussed global economic developments, their impacts on the mining sector and how to best position the country and industry to capitalize on a sustainable economic recovery.
“Our country is fortunate to have vast mineral and abundant energy resources that can be developed to create jobs and prosperity across Canada,” said the Honourable Lisa Raitt, Canada’s Minister of Natural Resources. “But to maintain this advantage and position ourselves to fully benefit from the economic recovery, we must continue to be at the forefront in developing and deploying new technologies, in advancing research and development and innovation, and in developing solutions to a variety of regulatory, social and environmental challenges.”
The ministers moved forward on key issues related to the long-term success of the sector, in particular: the current investment climate, social responsibility, regulatory performance, and research and innovation.
“As provincial and territorial governments, we are working to ensure we continue to have a competitive business climate that promotes and fosters investment and exploration in our areas as these markets rebound,” said Minister Dunderdale. “We must focus on streamlining governmental regulatory processes, addressing current and evolving issues and pursuing innovation so that we can maintain a strong and competitive mining industry in Canada that is responsive to global commodity demands.”
Ministers agreed to endorse the collaborative efforts aimed at leveraging Canada’s comparative advantage in an internationally competitive mining industry.
The ministers identified regulatory restructuring as the top priority to position Canada for the recovery. This will significantly enhance the certainty, accountability and effectiveness of Canada’s regulatory system.
The ministers agreed t
The mines ministers also accepted the invitation from Minister Simard to convene in September, 2010, in Quebec City for the 2010 Energy and Mines Ministers’ Conference.
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Media may contact:
Jocelyne Turner
Press Secretary
Office of the Minister
Natural Resources Canada
Ottawa
613-996-2007
Tracy Barron
Director of Communications
Department of Natural Resources
Government of Newfoundland and Labrador
709-729-5282, 709-690-8241
tracybarron@gov.nl.ca
The following media backgrounder is available at www.nrcan.gc.ca/media:
2009 Mines Ministers Conference