{"id":3080,"date":"2022-11-09T17:05:00","date_gmt":"2022-11-09T17:05:00","guid":{"rendered":"https:\/\/amq-inc.com\/lindustrie-miniere-a-lorigine-de-retombees-economiques-majeures-pour-le-nord-du-quebec\/"},"modified":"2023-04-17T13:04:30","modified_gmt":"2023-04-17T13:04:30","slug":"lindustrie-miniere-a-lorigine-de-retombees-economiques-majeures-pour-le-nord-du-quebec","status":"publish","type":"post","link":"https:\/\/amq-inc.com\/en\/lindustrie-miniere-a-lorigine-de-retombees-economiques-majeures-pour-le-nord-du-quebec\/","title":{"rendered":"The Mining Industry generates significant economic benefits for the Nord-du-Qu\u00e9bec region"},"content":{"rendered":"\n<p>The Qu\u00e9bec Mining Association (QMA) has released its latest report on the economic benefits generated by the mining industry in Qu\u00e9bec, covering the year 2020. The Nord-du-Qu\u00e9bec region remains a strategic player in the mining sector.<\/p>\n\n\n\n<p><br>As illustrated in the study, all the indicators show that the Nord-du-Qu\u00e9bec region plays a key role in Qu\u00e9bec\u2019s mining industry. However, given its remoteness, it is not surprising that the number of jobs and suppliers is lower than in the Abitibi-T\u00e9miscamingue region.<\/p>\n\n\n\n<p><br>Qu\u00e9bec as a whole derives $10.5 billion in benefits from mining company activities in Qu\u00e9bec, of which the Nord-du-Qu\u00e9bec region accounts for $1.1 billion, or 10.3% of the mining industry\u2019s total contribution to Qu\u00e9bec\u2019s gross domestic product (GDP). Within the region itself, the mining industry generates 21% of GDP.<\/p>\n\n\n\n<p><br>In terms of jobs, the study shows that, in 2020, mining in Qu\u00e9bec supported 48,187 person-years of employment in the form of direct, indirect and induced jobs, including 700 direct jobs and 1,645 (2.5%) person-years of employment for residents of the Nord-du-Qu\u00e9bec region, who are then able to participate in the local economy. It is also interesting to note that despite the COVID-19 pandemic, the mining industry was able to limit the impact on jobs. From 2018 to 2020, the person-years of employment generated by mining company activities in the Nord-du-Qu\u00e9bec region increased from 1,460 to 1,645 (+12.7%).<\/p>\n\n\n\n<p><br>The COVID-19 pandemic also impacted supply chains, and mining companies had to broaden their network of suppliers in order to continue their activities. The total number of mining industry suppliers with a place of business in Qu\u00e9bec was 4,857 in 2020, an increase of 27.8% over two years. Of this total, 83 suppliers were established in the Nord-du-Qu\u00e9bec region.<\/p>\n\n\n\n<p><br>It is important to remember that mining provides a significant source of revenue for both the Qu\u00e9bec and Canadian governments, which together received $2.4 billion in fiscal and parafiscal revenue. This included almost $1.8 billion for the Qu\u00e9bec government, without counting corporate income tax. Fiscal revenue for the Qu\u00e9bec government increased by 77.3% between 2014 and 2020.<br>The most important factor in the increase was mining royalties, which increased fivefold over the period and attained a record $631.7 million in 2020.<\/p>\n\n\n\n<p><br>The data, covering activities in 2020, is the most recent available and highlights the contribution made by the mining industry to the province\u2019s socio-economic development.<\/p>\n\n\n\n<p><br>To view the complete study,\u00a0<a href=\"https:\/\/amq-inc.com\/wp-content\/uploads\/2023\/04\/retombees-an-2020_vf.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">click here.<\/a><\/p>\n\n\n\n<div style=\"height:100px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><strong>\u00ab The mining industry has demonstrated its resilience and introduced a range of solutions to deal with the COVID-19 crisis and limit its impacts. This report, which covers 2020, highlights the effort made and the results achieved. Despite their prudent approach mining companies, as the report shows, increased the economic benefits they generate in Qu\u00e9bec. \u00bb<\/strong><\/p>\n\n\n\n<p><strong>\u00ab The mineral potential of the Nord-du-Qu\u00e9bec region is obvious. Many different mining projects are under development, in particular for the minerals needed for transportation electrification and the energy transition, such as lithium and the rare earth elements. The future is promising for the region. \u00bb<\/strong><\/p>\n<cite><strong>&#8211; Jos\u00e9e M\u00e9thot, QMA President and CEO<\/strong><\/cite><\/blockquote>\n\n\n\n<div style=\"height:100px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p><strong>About the Qu\u00e9bec Mining Association<\/strong><\/p>\n\n\n\n<p><strong>The Qu\u00e9bec Mining Association (QMA) was founded in 1936 and speaks proactively for mining companies involved in exploration, extraction and processing, mining contractors and junior mining companies, along with suppliers, institutions, non-profit organizations and other mining sector partners. It is proud of the 48,187 jobs and activities totalling $11.7 billion generated by Qu\u00e9bec&#8217;s mining industry in 2020. The QMA\u2019s mission is to promote, support and proactively develop a responsible, committed and innovative mining industry in Qu\u00e9bec.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Qu\u00e9bec Mining Association (QMA) has released its latest report on the economic benefits generated by the mining industry in [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[112],"tags":[],"class_list":["post-3080","post","type-post","status-publish","format-standard","hentry","category-communiques-de-presse-en"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>The Mining Industry generates significant economic benefits for the Nord-du-Qu\u00e9bec region - Association Mini\u00e8re du Qu\u00e9bec<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/amq-inc.com\/en\/lindustrie-miniere-a-lorigine-de-retombees-economiques-majeures-pour-le-nord-du-quebec\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Mining Industry generates significant economic benefits for the Nord-du-Qu\u00e9bec region - 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Association Mini\u00e8re du Qu\u00e9bec","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/amq-inc.com\/en\/lindustrie-miniere-a-lorigine-de-retombees-economiques-majeures-pour-le-nord-du-quebec\/","og_locale":"en_US","og_type":"article","og_title":"The Mining Industry generates significant economic benefits for the Nord-du-Qu\u00e9bec region - Association Mini\u00e8re du Qu\u00e9bec","og_description":"The Qu\u00e9bec Mining Association (QMA) has released its latest report on the economic benefits generated by the mining industry in [&hellip;]","og_url":"https:\/\/amq-inc.com\/en\/lindustrie-miniere-a-lorigine-de-retombees-economiques-majeures-pour-le-nord-du-quebec\/","og_site_name":"Association Mini\u00e8re du Qu\u00e9bec","article_published_time":"2022-11-09T17:05:00+00:00","article_modified_time":"2023-04-17T13:04:30+00:00","og_image":[{"width":2400,"height":1260,"url":"https:\/\/amq-inc.com\/wp-content\/uploads\/2022\/09\/amq-og.jpg","type":"image\/jpeg"}],"author":"admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"admin","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/amq-inc.com\/en\/lindustrie-miniere-a-lorigine-de-retombees-economiques-majeures-pour-le-nord-du-quebec\/#article","isPartOf":{"@id":"https:\/\/amq-inc.com\/en\/lindustrie-miniere-a-lorigine-de-retombees-economiques-majeures-pour-le-nord-du-quebec\/"},"author":{"name":"admin","@id":"https:\/\/amq-inc.com\/en\/#\/schema\/person\/9a9d88fe7031eddfc63c3f42e577dcfc"},"headline":"The Mining Industry generates significant economic benefits for the Nord-du-Qu\u00e9bec region","datePublished":"2022-11-09T17:05:00+00:00","dateModified":"2023-04-17T13:04:30+00:00","mainEntityOfPage":{"@id":"https:\/\/amq-inc.com\/en\/lindustrie-miniere-a-lorigine-de-retombees-economiques-majeures-pour-le-nord-du-quebec\/"},"wordCount":596,"publisher":{"@id":"https:\/\/amq-inc.com\/en\/#organization"},"articleSection":["Press releases"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/amq-inc.com\/en\/lindustrie-miniere-a-lorigine-de-retombees-economiques-majeures-pour-le-nord-du-quebec\/","url":"https:\/\/amq-inc.com\/en\/lindustrie-miniere-a-lorigine-de-retombees-economiques-majeures-pour-le-nord-du-quebec\/","name":"The Mining Industry generates significant economic benefits for the Nord-du-Qu\u00e9bec region - 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