JOHANNESBURG (miningweekly.com) – Canada on Tuesday unveiled a plan to streamline the review process for significant economic projects, such as pipelines and mines, in a bid to compete with other resource-rich countries.
Natural Resources Minister Joe Oliver said demand from emerging economies in Asia and around the world provided the potential to create even more jobs and growth in Canada.
He cited Canadian natural resource sectors having employed more than 760 000 workers in communities throughout the country in 2010, with the mining and energy sectors alone representing 10% of the Canadian economy and 40% of its exports.
The plan called for a move toward a “one project, one review” system for reviews of significant projects by recognising provincial processes as substitutes or equivalents to federal ones, as long as they meet the requirements under the Canadian Environmental Assessment Act. Read more here...
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