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Quebec’s mining industry is here to stay

May 19, 2017
Joëlle Noreau
Senior Economist

The mining industry is sometimes thought of as a phoenix rising from the ashes every time the economic outlook is particularly favourable. However, this isn’t the case. Despite significant fluctuations in metal prices in recent years, Quebec’s mining industry is still active. Admittedly, the pace is less frenetic than when prices were at their peak, but at the end of 2016, there were still some 25 mines in operation and thousands of miners were working. The mining industry moves at its own pace. Does that mean it’s a relic of the past? No, it’s a part of today’s world and intends to be here tomorrow.

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