quebec mining

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Canada is a king among mining nations, and until recently Quebec was the brightest jewel in its crown. In 2011 alone, the global mining sector invested $17 billion in Canadian operations and was directly responsible for $63 billion (3.9 per cent) of Canada’s GDP. The mining sector is also an important contributor to the economy of Quebec, with mining and mineral manufacturing adding $10.2 billion (3.4 per cent) to provincial GDP in 2011. Quebec was ranked as the most attractive Canadian province for mining in recent years, but its edge is fading fast.

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Until recently Quebec was seen by mining executives around the world as having the best policy environment in the world for investment, mainly thanks to a predictable regulatory environment, the absence of territorial claims in Northern Quebec, high quality geo-scientific data easily accessible to miners, good infrastructure, a skilled workforce, and an attractive mining tax system.