Canadian Mining: Down, but never out
President and CEO
Mining Association of Canada
Lunch and Program: 12:00 - 2:00 p.m.
As the old adage goes "What goes up must come down", and it did. The Canadian mining industry is in the midst of a significant downturn after what was a spectacular super cycle that characterized the better part of the last decade. But the mining industry will not stay down too long – it always bounces back.
Canadian mining companies are doing what they can to control costs and prepare for the next upturn. However, the industry cannot act alone. Opportunities for mineral investment and development are abundant in the province of British Columbia and across the country. To seize growth opportunities when markets rebound, Canadian governments also need to do their parts to maintain the country's leadership in mining and to ensure Canada can compete for highly-mobile global mining investment. And what better time to discuss these issues but when a federal election is underway.
Join Pierre Gratton, President and CEO of the Mining Association of Canada, who will explain the upside to a downturn in being a useful period to position the sector for future success. Mr. Gratton will also speak to the mining industry's important contributions to Canada's interconnected economy, and will explain why policymakers need to remain focused on mining during this down period, or risk playing a costly game of catch-up when resources boom again.
About the Speaker
Pierre Gratton was appointed President and CEO of the Mining Association of Canada (MAC) on June 1, 2011. Based in Ottawa, MAC is the national organization for the Canadian mining
industry. Its members are engaged in mineral exploration, mining, smelting, refining and semi-fabrication.
Prior to his appointment to MAC, Pierre was President and CEO of the Mining Association of British Columbia (MABC). From 1999-2008, Mr. Gratton served as Vice President, Sustainable Development and Public Affairs for the Mining Association of Canada (MAC). In 2005-06, Mr. Gratton was honoured as a Distinguished Lecturer for the Canadian Institute of Mining, Metallurgy and Petroleum (CIM).
Mr. Gratton is First Vice-President of the Interamerican Mining Society (SIM – Sociedad Interamericana de Mineria). He is also Vice-President of the Raw Materials Committee of the Business and Industry Advisory Committee to the OECD.