Mining Association of Canada responds to the Critical Minerals Strategy

OTTAWA — The Mining Association of Canada (MAC) congratulates the Government of Canada on the release of its Critical Minerals Strategy (CMS), an industrial strategy that is built on Canada’s strength as a globally-leading supplier of sustainably produced minerals and metals needed to enable the energy transition.

“The Government’s CMS is clear, focused and action-oriented,” said Pierre Gratton, President and CEO, Mining Association of Canada (MAC). “It articulates an end-to-end industrial strategy that starts with early exploration to mining through to critical manufacturing sectors essential to fighting climate change. It is arguably the most significant industrial strategy the country has seen in decades.”

The CMS integrates and builds upon federal government investments in critical minerals announced in the 2022 budget and the Fall Economic Statement (FES). The FES signaled that more is to come in future budgets to support the CMS’s implementation.

A recent survey by Abacus Data found support for Canadian mining at an all time high, specifically in the critical minerals space where almost 90 per cent of those surveyed like the idea of Canada being a preferred source for critical minerals and would like to see the government take a number of steps to support this approach.

“MAC looks forward to working with the Government of Canada to help deliver on the strategy’s promise. Speed matters, as Canada is not alone in vying to capitalize on the critical minerals opportunity,” said Gratton. “Greater still, fighting climate change can’t wait, and without the minerals and metals necessary to fight it, we will fail. The challenge before us is big, but this strategy squarely puts us on the path to success.”