Since PDAC introduction, Building More Mines Act flies quickly through legislature
The Ford government’s Building More Mines Act is now law. Bill 71, an amendment to Ontario’s Mining Act, received royal assent on May 18.
The Ford government certainly held up its end of the bargain with its legislative expediency. Only two-and-half months after introducing the bill in Queen’s Park on March 2, Bill 71 passed third reading last week and received royal asset on May 19. Rebuilding Ontario auto industry with electric vehicle production is one of the economic pillars of the Ford government that involves establishing a critical minerals supply chain, beginning at the mine site and flowing downstream to process minerals into battery-grade material for the electric vehicle battery making plants being constructed in southern Ontario.
Others had issues with changes to provincially mandated mine closure plans and the phased approach when it comes to financial assurance – instead of money upfront – that mining companies must set aside to ensure non-producing mine sites and properly remediated and returned to a natural state. Another argument was that the bill was a politically driven decision that put too many discretionary power in the hands of the mines minister over the judgment of the bureaucracy.
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