Conservative Leader Andrew Scheer Makes Mining Pitch in Vancouver

- February 1st, 2019

Conservative leader Andrew Scheer touched on regulatory concerns, environmental consultation and the development of the north.

Speaking at the 2019 Association of Mineral Exploration (AME) Roundup in Vancouver, Conservative Party leader Andrew Scheer said it was his goal to create a resources permitting process that made Canada more attractive to investors.

Besides reiterating plans to scrap the carbon tax and to repeal Bill C-69 — the Impact Assessment Act he said that he and the Conservative Party were working on policies that would help with development costs at the starting point of exploration projects.

In a 15-minute address preaching to the choir of the mining industry, drawing bouts of applause from the full room of attendees on the last day of the conference, Scheer touched on regulatory concerns, environmental consultation and the development of the north.

Free insights from the experts.


Get valuable investing insights for the resource market in our new report

On financing projects, Scheer said that he “will have something very exciting to say in the very short term about what a conservative government will do to incentivize and facilitate” early capital investment.

“It will be centered around the idea that by providing some assistance on the tax side, you can really create a lot of economic growth and prosperity down the line.”

Conservative leader Andrew Scheer at the 2019 AME Roundup in Vancouver. IMAGE: Scott Tibballs
Conservative leader Andrew Scheer at the 2019 AME Roundup in Vancouver. Image: Scott Tibballs

In a sign that the politicians of Canada are gearing up for the October election (or maybe they never switch off), Scheer called various bills passed by the Liberal government “alphabet soup of regulatory, ideological burden” that slowed permitting and made Canada less competitive.

“We compete with other countries where you can do exploration 12 months a year. We have to provide incentives as a candidate to keep our industry ahead so that those jobs stay here in Canada, and investment opportunities don’t leave our country for others around the world.”

He said that the party was working on policies that would deliver more certainty to investors to ensure they were confident that millions spent on early exploration and development would not be wasted, adding that it was his desire to “beat the Australians” at the permitting game.

“There’s a mine in Australia that just did a lithium mine from start to finish that took three years. So there are frameworks around the world that we can look to.”

The ‘alphabet soup’ legislation Scheer referred to were bills C-68, C-69 and C-55. Bills covering fisheries, resources and oceans.

C-69 in particular, Scheer said, held nothing that would shorten any review process for mine permitting.

Environmental activists took a beating, with the conservative leader saying that while he believed there could be balance between industry and the environment, “environmental groups that are only interested in getting to a no aren’t true partners in trying to achieve that balance.”

Another major component of Scheer’s speech was to do with opening up the north.

“We will recognize that the future of mining in Canada relies on opening the north. Conservatives believe we need to give northerners the autonomy to make decisions based on their priorities …we reject the Liberal approach which is to treat the north as one big giant park.”

Don’t forget to follow us @INN_Resource for real-time updates!

Securities Disclosure: I, Scott Tibballs hold no direct investment interest in any company mentioned in this article.

Invest in the Battery Metals Boom Today

 
Click to download your free report

Get the latest Resource Investing stock information

Get the latest information about companies associated with Resource Investing Delivered directly to your inbox.

Resource Investing

Select All
Select None

2 responses to “Conservative Leader Andrew Scheer Makes Mining Pitch in Vancouver

Leave a Reply

Your email address will not be published. Required fields are marked *