Alberta slips in rankings for mining investment
Posted Mar 1, 2016 7:48 am.
This article is more than 5 years old.
Alberta has slipped in global rankings when it comes to the attractiveness of investing in mining.
The Fraser Institute has ranked our province 34th globally and 9th in the country.
For the second year in the row, Saskatchewan took the top spot in Canada, ranking second worldwide behind Western Australia.
Policy Analyst Taylor Jackson says there is something we can learn from our neighbours to the east.
“Well the unfortunate thing for Alberta is it’s mineral potential is quite low, but in general the thing for Alberta moving forward is to ensure that policies are stable, that they are transparent and that they are competitive,” he said.
The study cited Alberta for its slow regulatory processes.