Canada is one of the world’s most open countries in terms of trade and investment in mining. Canada remained the world’s top destination for non-ferrous mineral exploration investment in 2015, attracting 13.5 percent of global exploration budgets, while Canadian-based companies accounted for 31.8 percent of global exploration budgets. Access to a reliable supplies and service industry contributes to the success of investments at all stages, and Canada’s mining expertise covers the full range: exploration, geophysics, geology, geochemistry, remote sensing, drilling, exploration, financing, investment analysis, due diligence, legal services, analytical laboratories, engineering services, logistical support, environmental management and more.
- In 2015, Canada’s mining, mining-related support activities and mineral processing industries employed nearly 373,000 workers and contributed $60.3 billion to Canada’s gross domestic product (GDP), accounting for 3.3 percent of the total GDP.
- Stock of foreign direct investment in Canada’s mining industry totalled $10.4 billion in 2015.
- Canada’s leading equity markets, the Toronto Stock Exchange (TSX) and the TSX Venture Exchange (TSXV), are home to more than half of the world’s public mining companies.
- Canada’s top five mineral products by value for 2016 were gold, copper, potash, iron ore and coal. Their combined value was $24.0 billion, accounting for almost 60 percent of the total value of domestic mineral production.
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