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Day: September 19, 2011

NEWS RELEASE: The business case for investing in Canada’s remote communities

The Canadian Chamber of Commerce is Canada’s largest and most influential business association.

For the full report, click here: The Business Case for Investing in Canada’s Remote Communities

ST. JOHN’S, Sept. 19, 2011 /CNW/ – Perrin Beatty, President and Chief Executive Officer, The Canadian Chamber of Commerce, and Elyse Allan, President and Chief Executive Officer, GE Canada, and Chair of the Canadian Chamber of Commerce, released this morning a report entitled :The Business Case for Investing in Canada’s Remote Communities at the Canadian Chamber of Commerce’s Annual General Meeting in St-john’s, Newfoundland and Labrador.

As Canada seeks to strengthen its position as a competitive nation in an increasingly global economy, GE Canada, in partnership with the Canadian Chamber of Commerce, undertook the initiative to place a business lens on the economic opportunities, challenges, best practices and business investment intentions in remote communities. During the first half of 2011, GE Canada sought the perspectives of businesspeople through roundtables in communities across Canada and an on online survey. At the same time, the Canadian Chamber of Commerce consulted with several of its members and other stakeholders.

“Canadians have to start looking at our remote communities differently”, stated Perrin Beatty, President and Chief Executive Officer of the Canadian Chamber of Commerce. “Our collective economic wellbeing and our international competitiveness could well depend upon the public policies adopted today that leverage the economic possibilities of many of these communities and their potential to contribute to our nation’s wealth”.

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Investing in Remote [Canadian] Regions: Building the Business Case – by Livio Di Matteo (September 19, 2011)

Livio Di Matteo is Professor of Economics at Lakehead University in Thunder Bay, Ontario. Visit his new Economics Blog “Northern Economist” at http://ldimatte.shawwebspace.ca/

Out of the Canadian Chamber of Commerce comes a new report titled” The Business Case for Investing in Canada’s Remote Communities,” which argues that Canadians need to start looking at remote communities somewhat differently. 

Despite the perception (and often the reality) that remote communities are dependent on government assistance for their survival, the new reality is that as the demand for resources rises and the international community flocks to Canadian resources in remote areas, these remote communities are wealth generators that will enhance the living standards of all Canadians.  Moreover, the aboriginal population is concentrated in these areas and resource development is an important tool to improve their economic welfare.

There are of course challenges.  As the report notes:

“There is no doubt that many remote communities-which are often difficult to reach, have challenging geographies, harsh climates, limited infrastructure and sparse populations – face significant challenges to their long-term social and economic sustainability.”

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Glen Nolan – PDAC 1st Vice-President Nation Talk Interview: First Nations and Mining (Sept 12, 2011)

NationTalk is a Aboriginal newswire, employment, event and tender service located in Canada. The Prospectors and Developers Association of Canada (PDAC) represents the interests of the Canadian mineral exploration and development industry. Glenn Nolan speaks with Nation Talk about his past experience as the Chief of the Missanabie Cree First Nation, his background in the …

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Respect for indigenous cultures: How Barrick is forging strong relationships with indigenous peoples in North America – (August 19, 2011)

This article came from Barrick Gold internal magazine Beyond Borders: Responsible Mining at Barrick Gold Corporation

Indigenous peoples often have historical and cultural ties to land endowed with important natural resources. To unlock the value of these resources for the benefit of everyone involved, responsible mining companies must understand and address a range of unique challenges and opportunities.

Barrick works constructively with indigenous peoples around the world. In North America, although Native peoples may have different cultural traditions, the challenges they face and their partnerships with Barrick often have striking similarities.

Alaska

The Donlin Gold project in Alaska is a large, undeveloped gold deposit, approximately 450 kilometers northwest of Anchorage. Barrick has a 50 per cent interest in the project; NovaGold owns the remaining 50 per cent stake.

There are nearly 70 distinct communities near the Donlin project site and along the route of a proposed natural gas pipeline that would supply power to the mine. These communities need to be addressed as individual cultural and indigenous entities.

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Vale interferes: Union prez – by Carol Mulligan (Sudbury Star – September 19, 2011)

The Sudbury Star is the City of Greater Sudbury’s daily newspaper. cmulligan@thesudburystar.com

The president of United Steelworkers Local 6500 says Vale Ltd. is interfering in the union’s investigation into the June 8 deaths of two members at Stobie Mine.

Jason Chenier, 35, and Jordan Fram, 26, were working at the mine’s 3,000-foot level about 10:30 p.m. when they were struck and killed by a run of broken rock and water.

In the past, the union and the former company owner, Inco, conducted joint investigations into mining deaths. But Local 6500 and Vale were unable to agree from the outset about this investigation, so each is conducting its own.

Local 6500 president Rick Bertrand accused Vale of interference because it recalled to work two of five members of the union investigation team.

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