The Honourable Mary Ng, Minister of Small Business, Export Promotion and International Trade, will be in Toronto from March 1 to 3, 2020, to promote Canada's global leadership in sustainable mineral resource development at the annual convention of the Prospectors and Developers Association of Canada (PDAC).
As a resource-rich country, producing more than 60 minerals and home to 75% of the world's mining companies, Canada is a natural leader to help steer the mining industry towards a more sustainable future.
At the convention, Minister Ng will meet with innovative business leaders from Canada's world-class mining sector, which provides jobs to over 380,000 Canadians across the country.
On Monday, Minister Ng will host a roundtable discussion with women in mining to discuss empowering women in the industry, and how the Government of Canada can further support their success. Minister Ng will also participate in a roundtable discussion with Canadian mining industry CEOs to discuss opportunities for Canada in the critical minerals sector.
To close out the day, Minister Ng will attend a Canada Day Reception, hosted by Invest in Canada, to promote the country as an excellent place to invest and do business, so that the Canadian mining sector remains a source of good middle-class jobs, prosperity, and opportunity for Canadians.
On Tuesday, at the 21st Annual African Mining Breakfast, Minister Ng will highlight Canada's position as an important trading and investment partner with the diverse and dynamic countries of Africa.
Over the course of the convention, Minister Ng will also hold bilateral meetings with ministerial counterparts to advocate for sustainable solutions to tackle climate change, grow businesses, and strengthen our economies.
Quotes
"Countries around the world know that doing business with Canada means they can count on our expertise, our innovative talent, and our high standards of environmental protections and responsible business practices. We have made it a priority to help the Canadian mining industry grow in a responsible way - creating more good jobs for Canadians while finding innovative solutions to tackle climate change. We will continue to work with business owners and industry leaders to ensure that our thriving mining sector continues to drive innovation, and foster prosperity for Canadians at home and abroad."
- Mary Ng, Minister of Small Business, Export Promotion and International Trade
Quick facts
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Established in 1932, the PDAC convention is widely acknowledged as the world's largest and most important international mining industry gathering. This year, the convention is expected to attract over 25,000 attendees from 135 countries.
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Canada is a global leader in the mining sector, a primary investment destination, and one of the world's largest exporters of minerals and metals.
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Canada has a well-earned reputation as a global mining leader focused on innovation and good governance, as well as environmental and social responsibility.
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Canadian mining and exploration companies are present in more than 100 countries.
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Canadian companies are sustainable developers of natural resources and world leaders in clean and green mining technology, processes, equipment and services.
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Exports of the mining and mineral processing sector reached a value of nearly $147.4 billion in 2019 and accounted for 26% of Canada's exports.
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Canada is a destination of choice for investment because of its diverse and rich abundance of mineral resources, strong economy, stable and low-risk business environment, and diverse, highly-skilled, and educated workforce.
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In 2019, Canada saw $66.8 billion in foreign direct investment - which is up 18.6% from 2018, and 42.5% higher than the 10-year average.
