How mining became Canada’s surprising new engine of economic growth: Philip Cross in The Hub – MLI
February 18, 2025
Canada has a strong geological potential, however, the policy environment must be improved to maximize the economic benefits of the mining sector.
Mining is an increasingly rare success story in Canada’s economy. While most public commentary focuses on the economic threat from Donald Trump, Canada’s chronic slow economic growth, and stagnant exports, mining’s buoyancy is a reminder that Canada still can be a beacon for investment and successfully compete in global markets as well as a strategic industry in an era of economic and geopolitical competition.
This DeepDive essay provides an overview of recent developments in Canada’s mining industry. It documents mining’s expanding output, incomes, and jobs, fuelled by the recent surge of investments and export demand for most metals and minerals.
