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Canada Mining

Quebec's Pursuit of the Green Dream Will Lead to Ruin

Kenneth P. Green | Posted 05.20.2013 | Canada Politics
Read More: Government, Energy, Politics, Fracking, Mining Act, Kenneth P. Green, Economy, Mining, Fraser Institute, Quebec, Royalties, Canada, Hydraulic Fracturing, Natural Gas, Canada Politics News
Kenneth P. Green

Quebec's political leaders seem to have fallen for the Great Green Dream of economic prosperity without energy or natural resource production. It's a magical vision of a world powered by unicorns and rainbows, where consumer goods are somehow conjured out of thin air rather than being manufactured with resources extracted from the ground. But experience in Europe shows that chasing the green dream is a path to financial ruin, not utopia. Quebec's one-two punch to energy and natural resource production is most likely to hurt the province itself more than the industries who might invest there.

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Export Growth Predictions: See How Canada's Provinces Stack Up

Peter Hall | Posted 05.16.2013 | Canada Business
Read More: Oil and Gas, U.S. Economy, Quebec, Aerospace, Canadian Trade, U.S. Housing Market, Ontario, Alberta, Exports, New Brunswick, British Columbia, Nova Scotia, Prince Edward Island, Emerging Markets, Saskatchewan, Manitoba, International Trade, Forestry, Mining, Energy Sector, Newfoundland and Labrador, Canada Business News
Peter Hall

International trade will be a key growth driver for the Canadian economy this year and next. However, the distribution of export growth in Canada's provinces is anything but even. Some are leading the charge, while others are steady at the national pace. Others are lagging behind, some quite seriously. What are the key factors influencing the different growth patterns?

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Barrick Gold's $17-million Executive Pay Packages Make Sense

Richard Leblanc | Posted 04.26.2013 | Canada Business
Read More: Barrick Gold, Say on Pay, Corporate Boards, Governance, Executive Compensation, Mining, Executive Pay, Barrick Gold Executive, Barrick Gold Vote, Canada Business News
Richard Leblanc

There is merit to Peter Munk's position. If shareholders truly believe in pay for performance, then it is equally important to attract and motivate executive talent in a downturn as it is in an upturn. This means, paradoxically, that a compensation committee will pay out more, in spite of low stock price, and rein in executive pay during an upturn.

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Should We Be Worried About Bitcoin?

Samuel Mosonyi | Posted 04.24.2013 | Canada Business
Read More: Computing, Finance, Mining, Block Chain, Fincen, Currency, Canada, Double Spending, Bitcoin, Block, Online Currency, Asic, Video, Canada Business News
Samuel Mosonyi

Is there an anonymous, free, and untrackable virtual currency currently making its sweep across the World Wide Web? It is not quite that simple, but Bitcoin is poised to become the next big thing in computing and finance.

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Quebec Proves Canada's Equalization Payments Are not Always Equal

Kenneth P. Green | Posted 04.09.2013 | Canada Politics
Read More: Energy, Equalization Payments, Natural Resources, Hydro-Québec, Mining, Fraser Institute, Canada, Quebec Politics, Canada Politics News
Kenneth P. Green

Quebec gets to have a high quality of life without having to dirty its hands with things like energy and natural resource production, because Canada will make up the foregone revenues through equalization payments. But alas; with the free ride comes dependency, and eventually decay.

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Environmental Threats Beyond Pipelines and Mega Quarrys

David Suzuki | Posted 05.20.2013 | Canada
Read More: Cumulative Impacts, West Coast Environmental Law, Forestry, Fracking, First Nations, Mining, Climate Change, Resource Development, Caribou, Industrial Development, Peace River, Canada News
David Suzuki

Although industrial projects like the proposed Enbridge Northern Gateway pipeline or the recently defeated mega-quarry in Ontario typically grab the headlines and bring out public opposition, it's often the combined impacts of a range of human activities on the same land base that threaten to drive nature beyond critical tipping points.

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Rachel Mendleson

The True Extent Of Canada's Growing Reliance On Raw Materials

HuffingtonPost.com | Rachel Mendleson | Posted 10.16.2012 | Canada Business
Read More: Canada Oil and Gas, Canada Manufacturing, Video, Canada Economic Diversity, Oil Gas and Mining Canada, Manufacturing Canada, Mining Canada, Oil and Gas Canada, Canada Mining, Canada Economy, Manufacturing Decline Canada, Mining Industry, Canada Business News

A new report from Bank of Montreal predicts that oil-rich Alberta will lead the country in economic growth this year, yet another confirmation of Cana...

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A Business Tip From a Country Boy: Invest in People

Mary Donohue | Posted 11.12.2012 | Canada Business
Read More: Bill Clinton, Employees, Mentoring, Economy, Training, Middle Management, Canada, Risk Management, Employee Retention, Profit, Knowledge Transfer, Mining, Hiring, Sustainability, Young People, Corporate Culture, Productivity, Canada Business News
Mary Donohue

Bill Clinton at the DNC said what white- and blue-collar workers have known for 30 years: you need to invest in people to have an innovative and productive economy. My coach, used to say "you get corn, if you plant corn." Neither in government nor in business have we been planting corn. We quit planting it almost 30 years ago when we got rid of middle management in government and the private sector, and as the economy reveals, we are losing.

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The Government Thinks that Environmental Assessment Takes Way Too Long

Dianne Saxe | Posted 10.10.2012 | Canada Politics
Read More: Environmental Policy, Mining, Environment, Oil, Natural Gas Drilling, Environmental Assessment, Nuclear, Public Participation, Environmental Law, Canada Politics News
Dianne Saxe

The new Canadian Environmental Assessment Act, 2012 (CEAA 2012), which came into effect last month, allows the federal government to create mandatory timelines for assessments of even the largest and most important projects, regardless of public opposition. Last Friday the CEAA announced timelines for nine projects under review, giving us our first look at how much time the government will allow for federal environmental assessments. It doesn't look very good.

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Miners in the Heart of Darkness

Mariah Griffin-Angus | Posted 09.08.2012 | Canada
Read More: Democratic Republic of Congo, Yci, Mining, DRC Violence, Youth Challenge International, Uganda Youth Network, Canada, Uganda, Africa Aid, Africa, Congo, Canada News
Mariah Griffin-Angus

In the Congo, a small town called Bunagana is falling to rebel troops. This led to 600 government soldiers and thousands of refugees fleeing into Uganda. What does this have to do with Canada? Everything. The DRC is the stage of a violent and bloody conflict that is being fueled by a rush for resource exploitation. The conflict may seem far away but Canada is right in the heart of it all.

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Canada Should Trade Some White Collars for Blue

Martin Lavoie | Posted 07.25.2012 | Canada
Read More: University, Education, Ring of Fire, Mining, Middle Class, Ontario, Protests, Factories, Occupy, Textiles, Manufacturing Sector, School, China, Canada, Canada News
Martin Lavoie

We've all heard the message time and time again: We need to send more people to colleges and universities, and ensure our country is well-educated. This is great in theory; after all, no one is against apple pie. But the reality is that we can't flip a switch and guarantee everyone has a university degree in 10 years. This isn't necessarily a bad thing.

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Ontario's Ring of Fire Will Fuel Our Economy

Tim Hudak | Posted 07.22.2012 | Canada
Read More: Resources, Energy, North Ontario, Northern Ontario, Ring of Fire, Mining, Ontario, Minerals, Tim Hudak, Energy Policy, Harvesting, Canada News
Tim Hudak

The Ring of Fire should be a cause for optimism with the ongoing jobs crisis in Ontario. The economic impact of this discovery on the Ontario economy will probably run into the hundreds of billions of dollars over time. Let's take advantage of it.

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It's Immigration, Stupid

Diane Francis | Posted 05.05.2012 | Canada
Read More: Energy, Parti Quebecois, Commodity, Immigration Unemployment, Mining, Ontario, Quebec, Immigration, Jean Charest, Dalton Mcguinty, Canada News
Diane Francis

Ontario and Quebec should stop badmouthing the west and demand reform to the immigration mess Ottawa has perpetuated since 1986. The burden of providing healthcare, education, and other social services for new immigrants has added more costs to their budgets than interest on their debts, the Detroit bailout, and all-day junior kindergarten in Ontario or $7-a-day daycare in Quebec combined.

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Exposure To Diesel Exhaust Increases Risk Of Death From Lung Cancer

CP | Posted 05.05.2012 | Canada Living
Read More: Video, Lung Cancer Risks, Diesel Exhaust Exposure, Miners, Cp, Lunch Cancer, Mining Risks of Cancer, Mining, Miner Diesel, Diesel, Diesel Exhaust, Canada Living News

WASHINGTON - There is new evidence that exposure to exhaust from diesel engines increases the risk of lung cancer.Diesel exhaust has long been classif...

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Canadian Mining More Corrupt Than Parts Of Developing World: Survey

The Huffington Post Canada | Daniel Tencer | Posted 02.24.2012 | Canada Business
Read More: Bribery Canada, Canadian Mining, Fraser Institute Mining, Canada Mining Bribery, Fraser Institute, Canada Mining, Canada Mining Corruption Survey, Fraser Institute Mining Survey, Mining Corruption Canada, Mining Corruption Survey, Canada Mining Corruption, Canada Business News

Corruption in Canada’s mining industry is worse than in some African and Latin American countries, says a new survey from the Fraser Institute. A...

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Hearings Underway For Yet Another Controversial B.C. Project

CP | Dene Moore, The Canadian Press | Posted 03.30.2012 | Canada Business
Read More: Northern Gateway Pipeline, Prosperity Mine, Video, Cp, Prosperity Mine Tailing Pond, Mining, B.C. Mining, Environmentalism, Prosperity Mine B.C., Keystone Pipeline, B.C. Environment, Prosperity Mine Fish Lake, Taseko-New-Prosperity-Mine, Canada Business News

WILLIAMS LAKE, B.C. - With all eyes on hearings for the controversial Northern Gateway pipeline that would link Alberta's oil sands to tankers on the ...

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Canada's Mining Watchdog Called 'Bogus PR Job'

CBC | Posted 12.31.2011 | Canada Business
Read More: Office of the Extractive Sector Corporate Social Responsibility Counsellor, Canada Mining, Canada Mining Watchdog, Canada Mining Industry, Mining Industry Watchdog Bogus, Video, Cbc, Canada Business News

A mining watchdog agency that was supposed to hold Canadian companies accountable for their actions overseas has done little to protect c...

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Separating Oil and State

Cameron Fenton | Posted 12.20.2011 | Canada Politics
Read More: Green, Tar Sands, Mining, Climate Change, Pipeline, Occupy Edmonton, Occupy Bay Street, Power Corp, Occupy Toronto, Keystone XL, Jean Charest, Occupy Calgary, La Presse, Occupy Wall Street, Suncor, Tsx, Occupy Canada, Canada Politics News
Cameron Fenton

In Canada, corporate greed in our nation can be directly connected to the destruction of the natural world, perhaps most visually apparent in the tar sands. If the Occupy movement is going to break corporate control, we need to start where it is most apparent in our government. We need to "separate oil and state."

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A Touch Of Good News: Canada's Economy Grows In July

CP | Julian Beltrame, The Canadian Press | Posted 11.30.2011 | Canada Business
Read More: Canada Gdp, Oil and Gas, Canada Manufacturing, Statscan Gdp Report, Canada Transportation, Mining, Statscan, Canada Economy, Statistics Canada, Cp, Canada Business News

OTTAWA - Canada's economy picked up steam in July after a spring stumble, reducing the risks that the economy has sunk into a recession — although a...

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Bearing Witness to Guatemala's Destructive Mining Industry

Maude Barlow | Posted 11.14.2011 | Canada
Read More: Guatemala, Mining, Water, Heidi McKinnon, Human Rights, Hudbay, Guatemala Mining, Gold, Marlin Mine, Nickel, Indigenous People, El Estor, Canada News
Maude Barlow

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Canada's GDP Shrinks 0.3 Per Cent In May; No Growth Since March

CP | Posted 09.28.2011 | Canada Business
Read More: Canada Gdp, Canada Oil and Gas, Statscan Economy, Canada Gdp Growth, Canada Manufacturing, Canada Dollar, Statistics Canada Economy, Canadian Dollar, Canada Economic Growth, Canada Mining, Canadian Economic Growth, Canada Construction, Canada Economic Indicators, Canada Business News

TORONTO - The Canadian dollar was lower Friday as reports showed slowing economic conditions in Canada and the United States. The loonie was down 0...

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So Much For That Debate: Canada's Last Asbestos Mine About To Run Dry

The Canadian Press | Posted 09.21.2011 | Canada Business
Read More: Quebec, Rotterdam Convention, Canada Asbestos, Asbestos, Stephen Harper, Natural Resources Canada, Thetford Mines, Mining, Canada Business News

MONTREAL - A confidential federal memo suggests Canada's last fully functional asbestos mine is about to die, raising the prospect the controversial i...

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Northgate Minerals To Acquire Primero Mining

THE CANADIAN PRESS | Posted 09.12.2011 | Canada Business
Read More: Primero Mining, Gold Mining, Australia Mine, Gold Mines, Mining, Mines, Northgate Minerals, San Dimas Mine, Mine, Mexico Mine, Canada Business News

THE CANADIAN PRESS -- Northgate Minerals Corp. (TSX:NGX) has agreed to acquire Primero Mining Corp. (TSX:P) in a deal valued at US$409 million in stoc...

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Peru Dispute Hits Bear Creek Mining Stock

The Canadian Press | Posted 08.27.2011 | Canada
Read More: Protests, Bear Creek Mining, Silver Mining, Peru, President Ollanta Humala, Mining, Canada News

THE CANADIAN PRESS -- The chief executive of Canadian miner Bear Creek (TSXV:BCM) says the government shutdown of its Santa Ana operation in Peru is "...

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Villagers At Canadian-Owned Mine In Tanzanian Were Killed. Why?

The Globe and Mail | Posted 08.08.2011 | Canada Business
Read More: Barrick Gold Tanzana, Africa Gold Mine, North Mara Tanzania, Gold Mining Africa, Africa Mining, Mining, Canada Business News

The morning of May 16 began like many others. Carrying hammers and rucksacks, hundreds of Tanzanian villagers trudged to the mountain of waste rock at...

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