Minister Paradis Hosts Successful Annual Canada World Economic Forum Conference on Extractives and Sustainable Development

Continued Canadian leadership in engaging the private sector in development will help ensure the achievement of our post-2015 development goals
February 28, 2015 – Toronto, Ontario – Foreign Affairs, Trade and Development Canada
The Honourable Christian Paradis, Minister of International Development and La Francophonie, today concluded the annual conference on extractives and sustainable development with the World Economic Forum (WEF), where he addressed an interactive panel composed of leading mining industry experts to discuss a shared commitment to responsible resource development.
This year’s theme of Creating and Sharing Value through Mineral Development explores issues such as partnership and collaboration in the mining sector, unlocking investment and benefits, economic diversification, and building human capacity in local communities.
“A transparent and well-governed extractive sector has the potential to drive sustainable economic growth and poverty reduction in developing countries,” said Minister Paradis. “As a country owing much of its economic growth to extractive industries, Canada has experience in bringing together governments, technical specialists, communities, civil society and the private sector to achieve sustainable development.”
In his remarks, Minister Paradis highlighted Canada’s leadership in engaging all sectors of the economy to successfully achieve the country’s development goals.
“We believe that our future success in enabling sustainable development will require more sophisticated partnerships with the private sector,” said Minister Paradis. “The recent launch of the Civil Society Partnership Policy demonstrates Canada’s commitment to collaborate effectively with a range of civil society actors to reduce poverty and increase development results, particularly in the area of maternal, newborn and child health, which is Canada’s top development priority.”
Building on a strategic partnership with local governments, Minister Paradis announced two initiatives with the Federation of Canadian Municipalities (FCM): a memorandum of understanding between Foreign Affairs, Trade and Development Canada and the FCM that will enable the two to collaborate in advancing Canada’s international development priorities, including maternal, newborn and child health (MNCH); and a project with the FCM in Latin America to support local governments to successfully manage the impacts and benefits of mining, and promote sustainable and equitable economic growth. The Minister also took the opportunity to announce a project in Burkina Faso that will contribute to Canada’s efforts to improve the lives of the most vulnerable people in developing countries.
Quick Facts
Canada remains committed to putting MNCH at the forefront of global development efforts. Recognizing that there is much more work to be done, Prime Minister Stephen Harper hosted the Saving Every Woman, Every Child: Within Arm’s Reach Summit in Toronto in 2014. At the summit, Canada committed an additional $3.5 billion to continue support through to 2020, and issued the Toronto Statement, which reaffirms global consensus on a shared commitment to end the preventable deaths of mothers, newborns and children under the age of five within a generation.
Canada is one of the leading mining nations in the world, producing more than 60 minerals and metals. Canada also ranks among the top-five global producers of aluminum, cobalt, diamonds, nickel, platinum group metals, salt, sulphur (elemental), titanium concentrates, tungsten and uranium.
Development cooperation is a key component of Canada’s Strategy for Engagement in the Americas. The region includes four development countries of focus: Colombia, Haiti, Honduras and Peru, as well as the Caribbean region.
Canada plays a leadership role in the education sector in Burkina Faso through its support to the Burkinabé government’s 10-year primary education development plan (2011–2020). In 2014, Burkina Faso was confirmed as a country of focus for the Government of Canada’s international development efforts.
The Government of Canada and the FCM have been partnering together for more than 25 years to strengthen the capacity of local governments to build safe and thriving communities and deliver essential services to citizens in more than 55 developing countries.
Since 2004, Canada has provided over $95.9 million to the FCM for international development programs that are fostering and supporting economic growth in Africa, Asia, the Caribbean and Latin America, as well as in Ukraine.
Canada is actively working to improve and strengthen resource governance that assists developing countries to meet their needs for policy, legislation, regulatory development and implementation, training, technical assistance, and applied research related to their own extractive sectors, for example through financially supporting the Canadian International Resources and Development Institute.
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Contacts
Sandrine Périon Press Secretary Office of the Minister of International Development and La Francophonie 343-203-6238 sandrine.perion@international.gc.ca
Media Relations Office Foreign Affairs, Trade and Development Canada343-203-7700media@international.gc.caFollow us on Twitter: @DFATD_DevLike us on Facebook: Canada Is Dedicated to International Development – DFATD