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House Hansard - 70

44th Parl. 1st Sess.
May 12, 2022 10:00AM
Context: House Hansard - 70 - May/12/22
Ms. Yvonne Jones (Labrador, Lib.)
  • May/12/22 2:20:23 p.m.
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Mr. Speaker, I am pleased to recognize National Mining Week. Mining activity stretches right across our country and employs nearly 700,000 direct and indirect workers, nearly 17,000 of whom are indigenous. In 2020, the industry contributed $107 billion to Canada's GDP. Canada is a global mining power thanks to world-class people, deposits and environmental practices. The TMX lists more mining companies than any other stock exchange in the world, and in a net-zero economy, people in this industry know they can reach even higher and are ready. That is why we made a historic commitment of $3.8 billion to implement the critical minerals strategy. It is for infrastructure to establish value chains and for unlocking projects. We also doubled the mineral exploration tax credit and are investing in R and D so that we can move closer to sustainable mining in the way we know it can be done by Canada. I ask hon. members today to join me in recognizing National Mining Week and the importance of mining to Canadian prosperity.
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