Ontario Mining: Rocky Industry Challenges And Opportunities

Canadian mining is the leading global producer of potash. It is also ranked internationally among the top five producers of aluminum, cobalt, diamonds, gold, and platinum.¹ While the global community relies on these raw materials in their daily lives and for advanced technologies; Canadian mining is struggling and is at a critical juncture, facing a mix of challenges hindering growth and international competitiveness. Lengthy permitting processes, stagnant public markets, diminished institutional investment, regulatory barriers to obtaining foreign investment and a talent shortage, especially in the "next generation" hinder progress. In this bulletin, we examine these pressing challenges, explore implications for Canadian mining, with a focus on Ontario, and steps to be taken to address them.