By Mary Louise McAllister
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Extra info for A Stake in the Future: Redefining the Canadian Mineral Industry
11 Although they are world leaders in mining, members of the Canadian mineral sector must nevertheless contend with a diminishing share of the global market and decreasing known reserves of minerals. Mineral economists have pointed out that the known, easily accessible economic deposits are becoming depleted in Canada. Many large mines could be closed in the next decade without new mines to replace them. One executive of a prominent mining company echoes many others when he states that there are still excellent opportunities in Canada if the regulatory environment were hospitable.
Furthermore, the federal, pluralist nature of the Canadian political system has led to a fragmented policy-making environment. Such an environment may help ensure that resource-use decisions are carefully considered from a variety of perspectives, leading to a more integrated resource-management approach. , fear of expropriation of mining claims or changing regulatory requirements) will be a factor in determining whether or not Canada can attract capital for mineral exploration and development.
Land-Use Policy and Mining: The Case in British Columbia Land-access issues, referred to in the previous section, highlight the difficulties inherent in the Canadian federal system, as governments attempt to formulate acceptable policy approaches to resource development. Although all provinces are confronted with similar issues, some of the most contentious areas lie in British Columbia. 64 billion per year solid mineral industry (excluding Assessing the Situation 33 petroleum and natural gas) produces commodities that constitute over one-fifth of British Columbia's total exports and generates considerable spin-off economic activity.
A Stake in the Future: Redefining the Canadian Mineral Industry by Mary Louise McAllister