Michael Goehring, Mining Association of B.C CEO (left) with Kelowna Chamber of Commerce president Nikki Csek and William Gillette, dean of Okanagan College’s School of Business. (Alistair Waters - Black Press Media)

‘Latte-sipping urbanites’ need to realize value of mining in B.C., association head says

Industry generates a total of $3.9 billion in sales of goods and service across the province

The head of the Mining Association of B.C. says its important for “latte-sipping urbanites” to realize the value of mining to B.C.

Michael Goehring brought that message to Kelowna Thursday, telling the city’s chamber of commerce there are 100 companies in the city that supply more than $23 million in goods and services to the industry annually. Companies in Vernon and Penticton generate sales of another $21 million and $6 million respectively.

And it’s the same picture across the province with communities large and small generating a total of $3.9 billion in sales of goods and service to the industry.

B.C. has 17 mines and two smelters that account for 33,000 direct and indirect jobs and generate $12.3 billion year in economic activity, according to the mining association.

“Not a lot of people realize Vancouver is a big mining centre,” said Goehring, pointing to the fact there are 1,265 companies in Metro Vancouver that supply goods and services to the mining industry to the tune of nearly $1 billion a year.

Providing good paying jobs—the average salary in mining is $150,000 per year—the industry is the source of materials for not only this countries low carbon future, but that of other countries too through export, Goehring added.

Mining produces materials required for items such as solar panels, components for electric vehicles and coal for making steel. He said without mining, we would not have those materials.

And the industry, he added, has now eclipsed the once mighty forestry industry in B.C. when it comes to its contribution to the province’s gross domestic product.

According to the MABC CEO, last year mining contributed $7.3 billion to the province’s GDP, while forestry came in at $6.9 billion.

But while he painted a rosy picture of the industry in terms of its contribution to the province and its economy, he said mining also faces some still challenges, particularly in the form of the provincial carbon tax.

He said his association wants to see what he called a level playing field when it comes to the tax and want B.C. mines to pay the same amount in carbon tax that other mines across the country pay, something that does not happen now. That’s in part because the B.C. carbon tax is no longer revenue neutral.

Other “challenges” for the industry include what Goehring described as over regulation, as well as high taxation and growing electricity costs.

He said hydroelectricity costs in B.C., once seen as an advantage to mining, have risen 70 per cent in 10 years and coupled with complex regulation, is impacting the competitiveness of the province’s mines.

In the southern Interior, the closest mines to the Okanagan are the Copper Mountain Mine in Princeton and the New Afton gold mine and Highland Valley copper mines, both near Kamloops.

To report a typo, email:
newstips@kelownacapnews.com
.


@KelownaCapNews
newstips@kelownacapnews.com

Like us on Facebook and follow us on Twitter.

mining

Just Posted

Dragon’s Den auditions return to Victoria in search of business pitches

Auditions take place on March 5 at Parkside Hotel and Spa

Meet the new owner of one of Vancouver Island’s most remote restaurants

Kevin Foley, originally from Regina, Saskatchewan, has bought the Scarlet Ibis Pub & Restaurant

Mitchell’s Musings: Modern language is a work in progress

‘Professional’ communication requires more critical thinking from listeners

T.W. Paterson column: Martial law in Ladysmith and other odds ‘n’ ends and random observations

If, as they say, history occasionally repeats itself, it also does 180-degree turnarounds.

Group continues to pull sunken, abandoned wrecks from Salish Sea

Dead Boats society inching towards 89 wrecks pulled from Capital Regional waters

Governor general says multiple solutions needed for ‘complicated’ overdose issue

Julie Payette met at a fire hall with firefighters and police officers as well as politicians and health experts

HIGHLIGHTS: Day one and two at the 2020 BC Winter Games

Athletes had sunny – but cold – weather to work with in Fort St. John

B.C. money laundering inquiry to begin amid hopes for answers, accountability

Eby argued that most B.C. residents already know the previous government, at best, turned a blind eye

Blockades remain in place as Wet’suwet’en hereditary chiefs returning to B.C.

Hereditary Chief Woos said they are ready to engage in nation-to-nation talks with the B.C.

Tyler Toffoli scores twice, Canucks crush Bruins 9-3

Stecher, Miller each add three points for Vancouver

Zamboni driver, 42, earns NHL win over Maple Leafs

Emergency goalie called into action for Carolina Hurricanes

Court awards Nanaimo woman $300,000 after crash exacerbates her fibromyalgia

Judgment follows 2015 motor vehicle accident on Turner Road

Landlord ordered to pay $11K after harassing B.C. mom to move days after giving birth

Germaine Valdez was pressured to move just a few days after giving birth by C-section to her child

Most Read