Mining as a national asset seems to have fallen of the table. Not one substantial government document or study that has been produced places any real value on the mining industry or its strategic importance to the Canadian economy.
There are few restrictions on foreign takeovers and the entire sector is rarely placed under the microscope and examined as a “natural asset” that needs to be given serious protection as international brokers and banks play ownership games with resource companies around the world.
The Competition Policy Review Panel – Sharpening Canada’s Edge – is beginning a consultation on investment policies and how Canada can become a destination for talent, capital and innovation.