{"id":92165,"date":"2024-10-25T17:59:14","date_gmt":"2024-10-25T17:59:14","guid":{"rendered":"https:\/\/chamber.ca\/?p=92165"},"modified":"2024-11-28T15:24:26","modified_gmt":"2024-11-28T15:24:26","slug":"what-we-heard-key-takeaways-from-the-natural-resources-tour-charting-the-path","status":"publish","type":"post","link":"https:\/\/chamber.ca\/what-we-heard-key-takeaways-from-the-natural-resources-tour-charting-the-path\/","title":{"rendered":"What We Heard: Key Takeaways from the Natural Resources Tour \u201cCharting the Path\u201d"},"content":{"rendered":"\n<h3 class=\"wp-block-heading\">Canada&#8217;s natural resources sector is more than just a collection of industries; it is a key driver of our economy and a critical component of our national identity.<\/h3>\n\n\n\n<p>This sentiment was echoed throughout our Natural Resources Tour, titled \u201cCharting the Path: Canada\u2019s Potential as a Natural Resource Powerhouse and the Impact on Canadians\u201d. From September 24 to October 10, the 兔子先生 traveled across five cities\u2014Ottawa, Toronto, Winnipeg, Vancouver, and Calgary\u2014 sparking a vibrant exchange of ideas, insights and aspirations for the natural resources sector. Industry leaders, policymakers, and Indigenous representatives came together not only to confront the challenges facing the sector but also to highlight its tremendous potential for driving sustainable growth and fostering community resilience.<\/p>\n\n\n\n<p>We were honoured to hear from experts such as <strong>Karen Proud<\/strong> from Fertilizer Canada, <strong>John Desjarlais<\/strong> from the Indigenous Resource Network, <strong>Pierre Gratton<\/strong> from the Mining Association of Canada, <strong>Jon McKenzie and Jeff Lawson<\/strong> from Cenovus Energy, <strong>Kyle Larkin<\/strong> from the Grain Growers of Canada, <strong>Linda Coady<\/strong> from the BC Council of Forest Industries, <strong>Jonathan Price<\/strong> from Teck Resources, <strong>Chris Doornbos<\/strong> from E3 Lithium, <strong>Jeff Gaulin <\/strong>from Vale Base Metals, <strong>Dr. Monica Gattinger <\/strong>from the University of Ottawa\u2019s Positive Energy, <strong>David Hansen <\/strong>formerly from CANTERRA SEEDS, <strong>Hugues Jacquemin<\/strong> from Northern Graphite, <strong>Shannon Joseph<\/strong> from Energy for a Secure Future, and <strong>Stewart Muir<\/strong> from Resource Works.<\/p>\n\n\n<div ><style id=\"wp_carousel_dynamic_css92172\">#sp-wp-carousel-free-id-92172.sp-wpcp-92172 .wpcp-single-item {border: 1px none #dddddd;}#sp-wp-carousel-free-id-92172.sp-wpcp-92172 .swiper-button-prev,#sp-wp-carousel-free-id-92172.sp-wpcp-92172 .swiper-button-next,#sp-wp-carousel-free-id-92172.sp-wpcp-92172 .swiper-button-prev:hover,#sp-wp-carousel-free-id-92172.sp-wpcp-92172 .swiper-button-next:hover {background: none;border: none;font-size: 30px;}#sp-wp-carousel-free-id-92172.sp-wpcp-92172 .swiper-button-prev i,#sp-wp-carousel-free-id-92172.sp-wpcp-92172 .swiper-button-next i {color: #aaa;}#sp-wp-carousel-free-id-92172.sp-wpcp-92172 .swiper-button-prev i:hover,#sp-wp-carousel-free-id-92172.sp-wpcp-92172 .swiper-button-next i:hover {color: 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href=\"https:\/\/chamber.ca\/wp-content\/uploads\/2024\/10\/Natural-Resources-Event_Toronto_Edited-42.jpg\" data-fancybox=\"wpcp_view\">\n\t\t<figure>\n\t\t\t<img loading=\"lazy\" decoding=\"async\" class=\"skip-lazy\" src=\"https:\/\/chamber.ca\/wp-content\/uploads\/2024\/10\/Natural-Resources-Event_Toronto_Edited-42.jpg\" alt=\"Natural Resources Event_Toronto_Edited-42\" width=\"640\" height=\"427\">\t\t<\/figure>\n\t<\/a>\n\t\t<\/div>\n<\/div>\n\t<div class=\"swiper-slide\">\n\t<div class=\"wpcp-single-item\">\n\t\t\t<a class=\"wcp-light-box\" data-buttons='[\"close\"]' data-wpc_url='https:\/\/chamber.ca\/wp-content\/uploads\/2024\/10\/Natural-Resources-Event_Toronto_Edited-46.jpg' href=\"https:\/\/chamber.ca\/wp-content\/uploads\/2024\/10\/Natural-Resources-Event_Toronto_Edited-46.jpg\" data-fancybox=\"wpcp_view\">\n\t\t<figure>\n\t\t\t<img loading=\"lazy\" decoding=\"async\" class=\"skip-lazy\" src=\"https:\/\/chamber.ca\/wp-content\/uploads\/2024\/10\/Natural-Resources-Event_Toronto_Edited-46.jpg\" alt=\"Natural Resources Event_Toronto_Edited-46\" width=\"640\" height=\"427\">\t\t<\/figure>\n\t<\/a>\n\t\t<\/div>\n<\/div>\n\t<div class=\"swiper-slide\">\n\t<div class=\"wpcp-single-item\">\n\t\t\t<a class=\"wcp-light-box\" data-buttons='[\"close\"]' data-wpc_url='https:\/\/chamber.ca\/wp-content\/uploads\/2024\/10\/Natural-Resources-Event_Toronto_Edited-49.jpg' href=\"https:\/\/chamber.ca\/wp-content\/uploads\/2024\/10\/Natural-Resources-Event_Toronto_Edited-49.jpg\" data-fancybox=\"wpcp_view\">\n\t\t<figure>\n\t\t\t<img loading=\"lazy\" decoding=\"async\" class=\"skip-lazy\" src=\"https:\/\/chamber.ca\/wp-content\/uploads\/2024\/10\/Natural-Resources-Event_Toronto_Edited-49.jpg\" alt=\"Natural Resources Event_Toronto_Edited-49\" width=\"640\" height=\"427\">\t\t<\/figure>\n\t<\/a>\n\t\t<\/div>\n<\/div>\n\t<div class=\"swiper-slide\">\n\t<div class=\"wpcp-single-item\">\n\t\t\t<a class=\"wcp-light-box\" data-buttons='[\"close\"]' data-wpc_url='https:\/\/chamber.ca\/wp-content\/uploads\/2024\/10\/Natural-Resources-Event_Toronto_Edited-51.jpg' href=\"https:\/\/chamber.ca\/wp-content\/uploads\/2024\/10\/Natural-Resources-Event_Toronto_Edited-51.jpg\" data-fancybox=\"wpcp_view\">\n\t\t<figure>\n\t\t\t<img loading=\"lazy\" decoding=\"async\" class=\"skip-lazy\" src=\"https:\/\/chamber.ca\/wp-content\/uploads\/2024\/10\/Natural-Resources-Event_Toronto_Edited-51.jpg\" alt=\"Natural Resources Event_Toronto_Edited-51\" width=\"640\" height=\"427\">\t\t<\/figure>\n\t<\/a>\n\t\t<\/div>\n<\/div>\n\t<div class=\"swiper-slide\">\n\t<div class=\"wpcp-single-item\">\n\t\t\t<a class=\"wcp-light-box\" data-buttons='[\"close\"]' data-wpc_url='https:\/\/chamber.ca\/wp-content\/uploads\/2024\/10\/Natural-Resources-Event_Toronto_Edited-56.jpg' href=\"https:\/\/chamber.ca\/wp-content\/uploads\/2024\/10\/Natural-Resources-Event_Toronto_Edited-56.jpg\" data-fancybox=\"wpcp_view\">\n\t\t<figure>\n\t\t\t<img loading=\"lazy\" decoding=\"async\" class=\"skip-lazy\" src=\"https:\/\/chamber.ca\/wp-content\/uploads\/2024\/10\/Natural-Resources-Event_Toronto_Edited-56.jpg\" alt=\"Natural Resources Event_Toronto_Edited-56\" width=\"640\" height=\"427\">\t\t<\/figure>\n\t<\/a>\n\t\t<\/div>\n<\/div>\n\t<div class=\"swiper-slide\">\n\t<div class=\"wpcp-single-item\">\n\t\t\t<a class=\"wcp-light-box\" data-buttons='[\"close\"]' data-wpc_url='https:\/\/chamber.ca\/wp-content\/uploads\/2024\/10\/Natural-Resources-Event_Toronto_Edited-58.jpg' href=\"https:\/\/chamber.ca\/wp-content\/uploads\/2024\/10\/Natural-Resources-Event_Toronto_Edited-58.jpg\" data-fancybox=\"wpcp_view\">\n\t\t<figure>\n\t\t\t<img loading=\"lazy\" decoding=\"async\" class=\"skip-lazy\" src=\"https:\/\/chamber.ca\/wp-content\/uploads\/2024\/10\/Natural-Resources-Event_Toronto_Edited-58.jpg\" alt=\"Natural Resources Event_Toronto_Edited-58\" width=\"640\" height=\"427\">\t\t<\/figure>\n\t<\/a>\n\t\t<\/div>\n<\/div>\n\t<div class=\"swiper-slide\">\n\t<div class=\"wpcp-single-item\">\n\t\t\t<a class=\"wcp-light-box\" data-buttons='[\"close\"]' data-wpc_url='https:\/\/chamber.ca\/wp-content\/uploads\/2024\/10\/Natural-Resources-Event_Toronto_Edited-59.jpg' href=\"https:\/\/chamber.ca\/wp-content\/uploads\/2024\/10\/Natural-Resources-Event_Toronto_Edited-59.jpg\" data-fancybox=\"wpcp_view\">\n\t\t<figure>\n\t\t\t<img loading=\"lazy\" decoding=\"async\" class=\"skip-lazy\" src=\"https:\/\/chamber.ca\/wp-content\/uploads\/2024\/10\/Natural-Resources-Event_Toronto_Edited-59.jpg\" alt=\"Natural Resources Event_Toronto_Edited-59\" width=\"640\" height=\"427\">\t\t<\/figure>\n\t<\/a>\n\t\t<\/div>\n<\/div>\n\t<div class=\"swiper-slide\">\n\t<div class=\"wpcp-single-item\">\n\t\t\t<a class=\"wcp-light-box\" data-buttons='[\"close\"]' data-wpc_url='https:\/\/chamber.ca\/wp-content\/uploads\/2024\/10\/Natural-Resources-Event_Toronto_Edited-60.jpg' href=\"https:\/\/chamber.ca\/wp-content\/uploads\/2024\/10\/Natural-Resources-Event_Toronto_Edited-60.jpg\" data-fancybox=\"wpcp_view\">\n\t\t<figure>\n\t\t\t<img loading=\"lazy\" decoding=\"async\" class=\"skip-lazy\" src=\"https:\/\/chamber.ca\/wp-content\/uploads\/2024\/10\/Natural-Resources-Event_Toronto_Edited-60.jpg\" alt=\"Natural Resources Event_Toronto_Edited-60\" width=\"640\" height=\"427\">\t\t<\/figure>\n\t<\/a>\n\t\t<\/div>\n<\/div>\n\t<div class=\"swiper-slide\">\n\t<div class=\"wpcp-single-item\">\n\t\t\t<a class=\"wcp-light-box\" data-buttons='[\"close\"]' data-wpc_url='https:\/\/chamber.ca\/wp-content\/uploads\/2024\/10\/Natural-Resources-Event_Toronto_Edited-61.jpg' href=\"https:\/\/chamber.ca\/wp-content\/uploads\/2024\/10\/Natural-Resources-Event_Toronto_Edited-61.jpg\" data-fancybox=\"wpcp_view\">\n\t\t<figure>\n\t\t\t<img loading=\"lazy\" decoding=\"async\" class=\"skip-lazy\" src=\"https:\/\/chamber.ca\/wp-content\/uploads\/2024\/10\/Natural-Resources-Event_Toronto_Edited-61.jpg\" alt=\"Natural Resources Event_Toronto_Edited-61\" width=\"640\" height=\"427\">\t\t<\/figure>\n\t<\/a>\n\t\t<\/div>\n<\/div>\n\t<div class=\"swiper-slide\">\n\t<div class=\"wpcp-single-item\">\n\t\t\t<a class=\"wcp-light-box\" data-buttons='[\"close\"]' data-wpc_url='https:\/\/chamber.ca\/wp-content\/uploads\/2024\/10\/Natural-Resources-Event_Toronto_Edited-64.jpg' href=\"https:\/\/chamber.ca\/wp-content\/uploads\/2024\/10\/Natural-Resources-Event_Toronto_Edited-64.jpg\" data-fancybox=\"wpcp_view\">\n\t\t<figure>\n\t\t\t<img loading=\"lazy\" decoding=\"async\" class=\"skip-lazy\" src=\"https:\/\/chamber.ca\/wp-content\/uploads\/2024\/10\/Natural-Resources-Event_Toronto_Edited-64.jpg\" alt=\"Natural Resources Event_Toronto_Edited-64\" width=\"640\" height=\"427\">\t\t<\/figure>\n\t<\/a>\n\t\t<\/div>\n<\/div>\n\t<div class=\"swiper-slide\">\n\t<div class=\"wpcp-single-item\">\n\t\t\t<a class=\"wcp-light-box\" data-buttons='[\"close\"]' data-wpc_url='https:\/\/chamber.ca\/wp-content\/uploads\/2024\/10\/NRST_Ottawa-3-1024x682.jpg' href=\"https:\/\/chamber.ca\/wp-content\/uploads\/2024\/10\/NRST_Ottawa-3-1024x682.jpg\" data-fancybox=\"wpcp_view\">\n\t\t<figure>\n\t\t\t<img loading=\"lazy\" decoding=\"async\" class=\"skip-lazy\" src=\"https:\/\/chamber.ca\/wp-content\/uploads\/2024\/10\/NRST_Ottawa-3-1024x682.jpg\" alt=\"NRST_Ottawa 3\" width=\"640\" height=\"426\">\t\t<\/figure>\n\t<\/a>\n\t\t<\/div>\n<\/div>\n\t<div class=\"swiper-slide\">\n\t<div class=\"wpcp-single-item\">\n\t\t\t<a class=\"wcp-light-box\" data-buttons='[\"close\"]' data-wpc_url='https:\/\/chamber.ca\/wp-content\/uploads\/2024\/10\/NRST_Ottawa_Group-1024x682.jpg' href=\"https:\/\/chamber.ca\/wp-content\/uploads\/2024\/10\/NRST_Ottawa_Group-1024x682.jpg\" data-fancybox=\"wpcp_view\">\n\t\t<figure>\n\t\t\t<img loading=\"lazy\" decoding=\"async\" class=\"skip-lazy\" src=\"https:\/\/chamber.ca\/wp-content\/uploads\/2024\/10\/NRST_Ottawa_Group-1024x682.jpg\" alt=\"NRST_Ottawa_Group\" width=\"640\" height=\"426\">\t\t<\/figure>\n\t<\/a>\n\t\t<\/div>\n<\/div>\n\t<div class=\"swiper-slide\">\n\t<div class=\"wpcp-single-item\">\n\t\t\t<a class=\"wcp-light-box\" data-buttons='[\"close\"]' data-wpc_url='https:\/\/chamber.ca\/wp-content\/uploads\/2024\/10\/Picture1-1024x682.jpg' href=\"https:\/\/chamber.ca\/wp-content\/uploads\/2024\/10\/Picture1-1024x682.jpg\" data-fancybox=\"wpcp_view\">\n\t\t<figure>\n\t\t\t<img loading=\"lazy\" decoding=\"async\" class=\"skip-lazy\" src=\"https:\/\/chamber.ca\/wp-content\/uploads\/2024\/10\/Picture1-1024x682.jpg\" alt=\"Picture1\" width=\"640\" height=\"426\">\t\t<\/figure>\n\t<\/a>\n\t\t<\/div>\n<\/div>\n\t<div class=\"swiper-slide\">\n\t<div class=\"wpcp-single-item\">\n\t\t\t<a class=\"wcp-light-box\" data-buttons='[\"close\"]' data-wpc_url='https:\/\/chamber.ca\/wp-content\/uploads\/2024\/10\/Picture3-1024x682.jpg' href=\"https:\/\/chamber.ca\/wp-content\/uploads\/2024\/10\/Picture3-1024x682.jpg\" data-fancybox=\"wpcp_view\">\n\t\t<figure>\n\t\t\t<img loading=\"lazy\" decoding=\"async\" class=\"skip-lazy\" src=\"https:\/\/chamber.ca\/wp-content\/uploads\/2024\/10\/Picture3-1024x682.jpg\" alt=\"Picture3\" width=\"640\" height=\"426\">\t\t<\/figure>\n\t<\/a>\n\t\t<\/div>\n<\/div>\n\t<div class=\"swiper-slide\">\n\t<div class=\"wpcp-single-item\">\n\t\t\t<a class=\"wcp-light-box\" data-buttons='[\"close\"]' data-wpc_url='https:\/\/chamber.ca\/wp-content\/uploads\/2024\/10\/Picture6-1024x682.jpg' href=\"https:\/\/chamber.ca\/wp-content\/uploads\/2024\/10\/Picture6-1024x682.jpg\" data-fancybox=\"wpcp_view\">\n\t\t<figure>\n\t\t\t<img loading=\"lazy\" decoding=\"async\" class=\"skip-lazy\" src=\"https:\/\/chamber.ca\/wp-content\/uploads\/2024\/10\/Picture6-1024x682.jpg\" alt=\"Picture6\" width=\"640\" height=\"426\">\t\t<\/figure>\n\t<\/a>\n\t\t<\/div>\n<\/div>\n\t<div class=\"swiper-slide\">\n\t<div class=\"wpcp-single-item\">\n\t\t\t<a class=\"wcp-light-box\" data-buttons='[\"close\"]' data-wpc_url='https:\/\/chamber.ca\/wp-content\/uploads\/2024\/10\/Picture7-1024x682.jpg' href=\"https:\/\/chamber.ca\/wp-content\/uploads\/2024\/10\/Picture7-1024x682.jpg\" data-fancybox=\"wpcp_view\">\n\t\t<figure>\n\t\t\t<img loading=\"lazy\" decoding=\"async\" class=\"skip-lazy\" src=\"https:\/\/chamber.ca\/wp-content\/uploads\/2024\/10\/Picture7-1024x682.jpg\" alt=\"Picture7\" width=\"640\" height=\"426\">\t\t<\/figure>\n\t<\/a>\n\t\t<\/div>\n<\/div>\n\t<div class=\"swiper-slide\">\n\t<div class=\"wpcp-single-item\">\n\t\t\t<a class=\"wcp-light-box\" data-buttons='[\"close\"]' data-wpc_url='https:\/\/chamber.ca\/wp-content\/uploads\/2024\/10\/Picture8-1024x682.jpg' href=\"https:\/\/chamber.ca\/wp-content\/uploads\/2024\/10\/Picture8-1024x682.jpg\" data-fancybox=\"wpcp_view\">\n\t\t<figure>\n\t\t\t<img loading=\"lazy\" decoding=\"async\" class=\"skip-lazy\" src=\"https:\/\/chamber.ca\/wp-content\/uploads\/2024\/10\/Picture8-1024x682.jpg\" alt=\"Picture8\" width=\"640\" height=\"426\">\t\t<\/figure>\n\t<\/a>\n\t\t<\/div>\n<\/div>\n\t<div class=\"swiper-slide\">\n\t<div class=\"wpcp-single-item\">\n\t\t\t<a class=\"wcp-light-box\" data-buttons='[\"close\"]' data-wpc_url='https:\/\/chamber.ca\/wp-content\/uploads\/2024\/10\/Picture9-1024x682.jpg' href=\"https:\/\/chamber.ca\/wp-content\/uploads\/2024\/10\/Picture9-1024x682.jpg\" data-fancybox=\"wpcp_view\">\n\t\t<figure>\n\t\t\t<img loading=\"lazy\" decoding=\"async\" class=\"skip-lazy\" src=\"https:\/\/chamber.ca\/wp-content\/uploads\/2024\/10\/Picture9-1024x682.jpg\" alt=\"Picture9\" width=\"640\" height=\"426\">\t\t<\/figure>\n\t<\/a>\n\t\t<\/div>\n<\/div>\n\t\t\t<\/div>\n\t\t\t\t\t<div class=\"wpcp-swiper-dots swiper-pagination\"><\/div>\n\t\t\t\t<!-- If we need navigation buttons -->\n\t\t\t\t\t<div class=\"wpcp-prev-button swiper-button-prev\"><i class=\"fa fa-angle-left\"><\/i><\/div>\n\t\t\t<div class=\"wpcp-next-button swiper-button-next\"><i class=\"fa fa-angle-right\"><\/i><\/div>\n\t\t\t<\/div>\n\t<\/div>\n<\/div>\n<\/div>\n\n\n<p>View all photos per city:<\/p>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/adobe.ly\/3TPRVQf\" target=\"_blank\" rel=\"noreferrer noopener\">Ottawa<\/a><\/div>\n\n\n\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/adobe.ly\/4ffd7qZ\" target=\"_blank\" rel=\"noreferrer noopener\">Toronto<\/a><\/div>\n\n\n\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/adobe.ly\/4ficbm0\" target=\"_blank\" rel=\"noreferrer noopener\">Winnipeg<\/a><\/div>\n\n\n\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/lightroom.adobe.com\/shares\/97ca41928bec49a0a563b9befc3b6e5c\" target=\"_blank\" rel=\"noreferrer noopener\">Vancouver<\/a><\/div>\n\n\n\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/adobe.ly\/48jdz5u\" target=\"_blank\" rel=\"noreferrer noopener\">Calgary<\/a><\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\">Here are the key themes and takeaways that emerged from these conversations:<\/h2>\n\n\n\n<div style=\"height:11px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"alignleft size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"625\" height=\"625\" src=\"https:\/\/chamber.ca\/wp-content\/uploads\/2024\/10\/Icon_International_Network_Aqua.png\" alt=\"\" class=\"wp-image-92170\" style=\"width:100px\" srcset=\"https:\/\/chamber.ca\/wp-content\/uploads\/2024\/10\/Icon_International_Network_Aqua.png 625w, https:\/\/chamber.ca\/wp-content\/uploads\/2024\/10\/Icon_International_Network_Aqua-300x300.png 300w, https:\/\/chamber.ca\/wp-content\/uploads\/2024\/10\/Icon_International_Network_Aqua-150x150.png 150w\" sizes=\"(max-width: 625px) 100vw, 625px\" \/><\/figure><\/div>\n\n\n<h2 class=\"wp-block-heading\">1. Economic Significance and Global Competitiveness<\/h2>\n\n\n\n<hr class=\"wp-block-separator has-text-color has-very-light-gray-color has-alpha-channel-opacity has-very-light-gray-background-color has-background\"\/>\n\n\n\n<div style=\"height:1px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p>The natural resources sector is a cornerstone of the Canadian economy, contributing approximately $213 billion to GDP and supporting over 900,000 direct jobs. This sector not only ensures economic stability but is essential for Canada\u2019s competitiveness on the global stage. Natural resources account for 50% of Canada\u2019s exports, helping to stabilize the Canadian dollar and ensuring the affordability of imported goods. However, our natural resources compete for investment on a global stage, and in a world where capital is highly mobile, it is becoming increasingly difficult for investors to make Canada their opportunity of choice.<\/p>\n\n\n\n<p><strong>Next Steps: <\/strong>To enhance global competitiveness, balanced regulatory reforms are essential. Streamlining project approvals and providing certainty to investors will create a supportive policy framework that attracts both domestic and foreign investment in natural resources.<\/p>\n\n\n\n<div style=\"height:30px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"alignleft size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"625\" height=\"625\" src=\"https:\/\/chamber.ca\/wp-content\/uploads\/2024\/08\/Icon_Network.png\" alt=\"\" class=\"wp-image-90479\" style=\"width:100px\" srcset=\"https:\/\/chamber.ca\/wp-content\/uploads\/2024\/08\/Icon_Network.png 625w, https:\/\/chamber.ca\/wp-content\/uploads\/2024\/08\/Icon_Network-300x300.png 300w, https:\/\/chamber.ca\/wp-content\/uploads\/2024\/08\/Icon_Network-150x150.png 150w\" sizes=\"(max-width: 625px) 100vw, 625px\" \/><\/figure><\/div>\n\n\n<h2 class=\"wp-block-heading\">2. Impact on Canadians and Cost of Living<\/h2>\n\n\n\n<hr class=\"wp-block-separator has-text-color has-very-light-gray-color has-alpha-channel-opacity has-very-light-gray-background-color has-background\"\/>\n\n\n\n<div style=\"height:2px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p>The tour highlighted the significant impact of the natural resources sector on Canadians&#8217; daily lives, especially as Canada continues to experience rising costs of living. Beyond being a critical driver of Canada\u2019s economy, the sector provides high-paying jobs across a range of skill levels and ensures access to reliable energy sources like oil and gas that power everyday needs. Additionally, the substantial tax revenues generated by the industry fund essential public social programs, helping to alleviate financial pressures on households across the country.<\/p>\n\n\n\n<p><strong>Next Steps:<\/strong> To address increasing costs and enhance the public\u2019s understanding of the natural resources sector, stakeholders should prioritize public education initiatives. Clear communication about the sector&#8217;s role in job creation and energy security, and the Canadian economy is essential. Policymakers must also focus on developing frameworks that attract investment and ensure the sector&#8217;s benefits are distributed equitably for the benefit of all Canadians.<\/p>\n\n\n\n<div style=\"height:30px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"alignleft size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"525\" height=\"625\" src=\"https:\/\/chamber.ca\/wp-content\/uploads\/2024\/03\/Icon_Teamwork.jpg\" alt=\"\" class=\"wp-image-78271\" style=\"width:100px\" srcset=\"https:\/\/chamber.ca\/wp-content\/uploads\/2024\/03\/Icon_Teamwork.jpg 525w, https:\/\/chamber.ca\/wp-content\/uploads\/2024\/03\/Icon_Teamwork-252x300.jpg 252w\" sizes=\"(max-width: 525px) 100vw, 525px\" \/><\/figure><\/div>\n\n\n<h2 class=\"wp-block-heading\">3. Indigenous Engagement and Economic Reconciliation<\/h2>\n\n\n\n<hr class=\"wp-block-separator has-text-color has-very-light-gray-color has-alpha-channel-opacity has-very-light-gray-background-color has-background\"\/>\n\n\n\n<div style=\"height:2px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p>A consistent theme throughout the tour was the crucial role of Indigenous communities in the natural resources sector. Indigenous peoples are increasingly at the forefront of successful resource projects, demonstrating the power of collaboration in achieving economic self-determination. Projects like the Cedar LNG terminal, for instance, highlight the impact of Indigenous leadership in building community trust and meeting project timelines.<\/p>\n\n\n\n<p><strong>Next Steps:<\/strong> Industry leaders and government representatives must continue to prioritize partnerships with Indigenous communities, ensuring that their voices are central to decision-making processes. This collaborative approach not only advances economic reconciliation but also promotes sustainable development for the benefit of all Canadians.<\/p>\n\n\n\n<div style=\"height:30px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"alignleft size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"625\" height=\"625\" src=\"https:\/\/chamber.ca\/wp-content\/uploads\/2024\/02\/Icon_Innovation.jpg\" alt=\"\" class=\"wp-image-76420\" style=\"width:100px\" srcset=\"https:\/\/chamber.ca\/wp-content\/uploads\/2024\/02\/Icon_Innovation.jpg 625w, https:\/\/chamber.ca\/wp-content\/uploads\/2024\/02\/Icon_Innovation-300x300.jpg 300w, https:\/\/chamber.ca\/wp-content\/uploads\/2024\/02\/Icon_Innovation-150x150.jpg 150w\" sizes=\"(max-width: 625px) 100vw, 625px\" \/><\/figure><\/div>\n\n\n<h2 class=\"wp-block-heading\">4. Innovation and Technological Advancement<\/h2>\n\n\n\n<hr class=\"wp-block-separator has-text-color has-very-light-gray-color has-alpha-channel-opacity has-very-light-gray-background-color has-background\"\/>\n\n\n\n<div style=\"height:2px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p>Innovation is driving progress in the natural resources sector, with advancements in sustainable practices and technology playing a key role in enhancing efficiency and reducing environmental impact. From lithium extraction for battery production to precision agriculture, the sector is leveraging technology to drive productivity and sustainability.<\/p>\n\n\n\n<p><strong>Next Steps:<\/strong> Continued investment in research and development is essential to position Canada as a leader in resource innovation. Encouraging collaboration between industry, technology companies, government and academic institutions can foster new technologies that address climate challenges while maintaining economic growth.<\/p>\n\n\n\n<div style=\"height:30px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"alignleft size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"539\" height=\"625\" src=\"https:\/\/chamber.ca\/wp-content\/uploads\/2024\/10\/Icon_Collaboration.jpg\" alt=\"\" class=\"wp-image-91933\" style=\"width:100px\" srcset=\"https:\/\/chamber.ca\/wp-content\/uploads\/2024\/10\/Icon_Collaboration.jpg 539w, https:\/\/chamber.ca\/wp-content\/uploads\/2024\/10\/Icon_Collaboration-259x300.jpg 259w\" sizes=\"(max-width: 539px) 100vw, 539px\" \/><\/figure><\/div>\n\n\n<h2 class=\"wp-block-heading\">5. Sustainable Practices and Environmental Stewardship<\/h2>\n\n\n\n<hr class=\"wp-block-separator has-text-color has-very-light-gray-color has-alpha-channel-opacity has-very-light-gray-background-color has-background\"\/>\n\n\n\n<div style=\"height:1px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p>Companies in the natural resources sector are increasingly committed to reducing their environmental footprint while ensuring that their operations contribute positively to local communities, to Canada and the world. Discussions around circular economy practices in mining and agriculture showcased how innovation can lead to both environmental and economic benefits.<\/p>\n\n\n\n<div style=\"height:30px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"alignleft size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"625\" height=\"625\" src=\"https:\/\/chamber.ca\/wp-content\/uploads\/2024\/07\/Icon_Computer_Checkmark.png\" alt=\"\" class=\"wp-image-89824\" style=\"width:100px\" srcset=\"https:\/\/chamber.ca\/wp-content\/uploads\/2024\/07\/Icon_Computer_Checkmark.png 625w, https:\/\/chamber.ca\/wp-content\/uploads\/2024\/07\/Icon_Computer_Checkmark-300x300.png 300w, https:\/\/chamber.ca\/wp-content\/uploads\/2024\/07\/Icon_Computer_Checkmark-150x150.png 150w\" sizes=\"(max-width: 625px) 100vw, 625px\" \/><\/figure><\/div>\n\n\n<h2 class=\"wp-block-heading\">Next Steps<\/h2>\n\n\n\n<hr class=\"wp-block-separator has-text-color has-very-light-gray-color has-alpha-channel-opacity has-very-light-gray-background-color has-background\"\/>\n\n\n\n<div style=\"height:2px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p>Natural resource industries must prioritize sustainable practices by adopting innovative technologies that minimize environmental impact. Implementing strategies for biodiversity conservation and emissions reduction will not only help meet regulatory requirements but also enhance the sector&#8217;s reputation, appeal to investors, and align with global sustainability trends.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">The Canadian government needs to expedite the delivery of the full suite of Investment Tax Credits (ITCs) to spur innovation and support major decarbonization efforts, as well as advancements in clean technology, mining, and manufacturing projects. Additionally, increasing investment in research and development (R&amp;D) can facilitate breakthrough technologies that further mitigate environmental impacts.<\/h3>\n\n\n\n<p>The discussions during the Natural Resources Tour underscored the immense potential of Canada\u2019s natural resources sector to not only strengthen the economy but also directly improve the lives of Canadians. From creating well-paying jobs across diverse skill levels to providing reliable energy sources and supporting public services through tax revenues, the sector plays a key role in easing financial pressures on families and fostering social equity. By addressing challenges head-on and harnessing the sector\u2019s strengths, Canada can position itself as a global leader in resource management.<\/p>\n\n\n\n<p>As we move forward, it is crucial for industry leaders, policymakers, and communities to collaborate effectively, ensuring that the natural resources sector continues to benefit of all Canadians. Together, we can chart a path toward a sustainable and prosperous future, using our rich natural resources to strengthen the economy and enhance the well-being of future generations.<\/p>\n\n\n\n<p><em>Prior to the tour, the 兔子先生&#8217;s Business Data Lab (BDL) released a report titled \u201c<a href=\"https:\/\/businessdatalab.ca\/publications\/canadas-natural-wealth\/\" target=\"_blank\" rel=\"noreferrer noopener\">Canada\u2019s Natural Wealth: Highlighting Canada\u2019s Strong Natural Resources Sector<\/a>.&#8221; This report outlined essential recommendations for tackling Canada&#8217;s productivity challenges through strategic investment in this sector. Furthermore, an op-ed in the Calgary Herald, titled titled &#8220;<a href=\"https:\/\/calgaryherald.com\/opinion\/columnists\/opinion-investing-in-our-natural-resources-will-power-canada-forward\" target=\"_blank\" rel=\"noreferrer noopener\">Investing in our natural resources will power Canada forward<\/a>,&#8221; reinforced the need for targeted investment and supportive regulatory reforms to unlock Canada&#8217;s natural wealth for the benefit of all Canadians.  <\/em><\/p>\n\n\n\n<p><em>Thank you to our Canadian Chamber Network co-hosts, the <strong>Ottawa Board of Trade<\/strong>, <strong>Winnipeg Chamber of Commerce<\/strong>, <strong>British Columbia Chamber of Commerce<\/strong> and <strong>Calgary Chamber of Commerce<\/strong>, for their support in bringing this tour to life.<\/em><\/p>\n\n\n\n<div style=\"height:100px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Industry leaders, policymakers and Indigenous representatives came together not only to confront the challenges facing the sector but also to highlight its tremendous potential for driving sustainable growth and fostering community resilience.<\/p>\n","protected":false},"author":3630,"featured_media":92166,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":true,"inline_featured_image":false,"footnotes":""},"categories":[690],"tags":[835,836],"strategic-issues":[619],"type-posts":[867],"commitees":[],"class_list":["post-92165","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog","tag-charting-the-path","tag-natural-resources","strategic-issues-natural-resources-environment-energy","type-posts-event-highlights"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.1 - 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