Mining in Canada

The industry remains an important aspect of the economy of Canada to this day, particularly in the North, and Canadian-domiciled mining companies have increasingly expanded their operations globally.

In the 1570s, Martin Frobisher briefly attempted a mining operation on Baffin Island, although it was unsuccessful.

[1] Mills and Sweeney note that the staples thesis, which posits that the Canadian economy has developed primarily through the exploitation of the country's abundant natural resources, remains a viable model of Canadian political economy.

Alam identifies this as one way Canada has established itself an attractive place for mining companies to do business.

[29] Canadian mining investment abroad has been particularly significant in Latin America and African countries.