SoVote

Decentralized Democracy

Ontario Assembly

43rd Parl. 1st Sess.
May 8, 2023 10:15AM
  • May/8/23 2:40:00 p.m.
  • Re: Bill 71 

Again, I’ll repeat: There isn’t a single thing in the proposed legislation that’s different than the current legislation.

I will tell you that the largest number of individuals who are employed by the mining industry are Indigenous people—11%. They fully participate in the mining industry.

Where we in fact have situations like Cote Lake that took 15 years, they were fully supported by the Indigenous communities. They were waiting for those permits. What did we see after that? We see a company and a mine that is spending $2 billion, they’re employing 1,600 people, and the Indigenous people who are supporting that are extremely, extremely happy with the development that they participate within fully.

We also know that the Indigenous communities that support development are thriving.

Take a look at TTN. Take a look at Chief Bruce Archibald and his older sister RoseAnne. Before they were fully committed to development, the unemployment rate in TTN was 85%, and now, Chief Archibald tells us that, in fact, it’s less than the national number. They fully support development.

This is how it works. The prospector on the ground looks for minerals. They might find something. Then they have to get involved with a junior exploration company. Junior exploration companies are the entrepreneurs. They’re the true risk-takers. For them to take risks, they must have certainty about their investment—and that’s what this does. Can you imagine a situation where you’re asking someone to put money into the ground and they have no reasonable opportunity to get a return on that money for 15 years—not possible, not going to happen. The junior exploration companies will see that there is an opportunity to attract—and that’s what happens. The larger companies that, in fact, have the financial ability to raise the capital invest with the junior companies. So that’s how this works. But they need certainty in relation to the regulations and what it takes to permit the mines.

Once again, I’ll say we’re fully committed to the duty to consult. That hasn’t changed. There isn’t a word in the proposed legislation that changes that fact. This government is committed to the duty to consult, and we will carry out that duty.

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  • May/8/23 2:40:00 p.m.
  • Re: Bill 71 

My question for the minister.

I know we’ve spoken a lot in this House of the importance of building more mines faster, and I think that is absolutely true. We sometimes talk about some of the larger companies and some of the large mines, which is really, really important, but I’m wondering if you’d talk a little bit about a population that I’ve had actually brought up in my riding a couple of times that I know is important to you as well: the juniors. Could you speak a little bit about why this legislation is going to help more entrepreneurs, more small business owners, and not just the large mining giants, but the junior mining exploration sector, and what this is going to do for those people who take risks, who want to invest in the mining sector and make a go of it—not just the big guys, but the little guys too.

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