Lessons learned from CSR counsellor

According to Natural Resources Canada, Canadian mining investment overseas has surged in the past decade: from about $30 billion to over $130 billion in 2010. Virtually all of that growth has come in Africa and Latin America, and much of it in countries that the global risk assessment firm Maplecroft labels "high or extreme risk," particularly on social or political metrics. Yet, these are also the countries actively courting resource investment as critical to poverty reduction, employment growth, and tax revenue.

Office of the Extractive Sector CSR Counsellor Photo
Canadians from the extractive sector CSR counsellor’s office conduct a roundtable in Mali.
Marketa D. Evans
Published: Wednesday, 01/18/2012 12:00 am EST

According to Natural Resources Canada, Canadian mining investment overseas has surged in the past decade: from about $30 billion to over $130 billion in 2010. Virtually all of that growth has come in Africa and Latin America, and much of it in countries that the global risk assessment firm Maplecroft labels "high or extreme risk," particularly on social or political metrics. Yet, these are also the countries actively courting resource investment as critical to poverty reduction, employment growth, and tax revenue.

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