Ontario just cracked the top 10 list in the Fraser Institute’s 2023 annual survey of the best mining jurisdictions in the world.
While this province and the rest of Canada are known for their natural resources wealth, governments still have much work to do to make this country more investor-friendly, concluded the report released by the public policy think tank on May 14.
Respondents to the survey said the uncertainty surrounding protected areas, land claims disputes, and environmental regulations continue to hinder mining investment in various Canadian jurisdictions.
A total of 293 respondents participated in the survey this year providing sufficient data to evaluate 86 jurisdictions.
The various jurisdictions were assessed and ranked based on attractiveness in mineral endowment and government policy in mining, which impact global attitudes to invest in mineral exploration.
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