Punk in Finland

VICE wrote: 75% of the World's Mining Companies Are Based in Canada
https://www.vice.com/en_ca/article/75-o ... -in-canada
And guess what? A lot of them are really, really irresponsible. In fact, the Canadian mining industry is beginning to get a reputation for being the most environmentally destructive and least compliant with human rights.


This is what the inside of a mine looks like. via Flickr.

While working on a piece I wrote last month about a Canadian gold mine being shut down by protesters in Kyrgyzstan, I came across a statistic that I thought must have been a mistake. With all of the noise and criticism both domestically and internationally of Alberta’s Tar Sands, it seemed to me shockingly underreported that 75% of the world’s mining companies are headquartered in Canada.

All over the world, companies listed on the Toronto Stock Exchange and run out of lawyer’s offices on Bay Street or skyscrapers in downtown Vancouver (whose real financiers may live in Australia or Nevada) are handling the mining game at home, throughout parts of Asia, South America and surprisingly, even with all the talk of China’s investment in Africa, it turns out that it’s Canada, not China, who is quietly dominating and exploiting African mining. All told, almost 1,300 mining companies based out of Canada are investing hundreds of billions of dollars in over 100 countries around the world.

So the question is, why? What makes Canada such an attractive option for the ‘extractive sector’? Canadians don’t own all of these mining companies—but these organizations do plop their headquarters down here—what is it about this country that makes it such an industry haven?...

koko juttu:
https://www.vice.com/en_ca/article/75-o ... -in-canada