Mining Industries

Canada remains among the world’s most open countries in terms of trade and investment in mining. Our thriving mining industry contributes $52.6 billion to the gross domestic product (GDP) and accounts for 20.4 % of Canadian goods exports. Canada has the world’s third largest mining supply with over 3,200 suppliers.Footnote 1

“ We are convinced that Legacy [Project based in Saskatchewan] is a decisive strategic step forward for the whole K+S Group and, in combination with our German potash mines, will significantly strengthen the international competitiveness of K+S ”

Norbert Steiner, Chairman of the Board of Executive Directors, K+S Aktiengesellschaft

  • Canada has an abundance of mineral and metal resources, producing some 60 minerals and metals. It is the world’s largest producer of potash and a major producer of aluminum, cobalt, diamonds, nickel, platinum group metals, titanium, tungsten, uranium and zinc.
  • Overall business costs are the lowest in the G7 and 7.2% lower than the U.S.Footnote 2
  • Canada is a top standing source of equity, supported by disclosure standards that ensure fairness and efficiency. The Toronto Stock Exchange (TSX) and the TSX Venture Exchange handled 70 percent of the world public mining financings in 2012.

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Footnotes

Footnote 1

The Mining Association of Canada — Facts and Figures of the Canadian Mining Industry (2013)

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Footnote 2

KPMG Competitive Alternatives Report 2014

Return to Footnote 2 referrer