Someone tweeted today that New Brunswick was named world’s best place for mining and – in a split second – I groaned.
That’s the world we live in. If the province was named the best place for IT or finance or whatever – hallelujah. Best place for mining? Must mean lax environment standards and the crappy royalty regime.
Of course that isn’t the case. According to the Ottawa Citizen story on it:
“New Brunswick shot to the top of the rankings as miners lauded the province for its fair, transparent, and efficient legal system and consistency in the enforcement and interpretation of existing environmental regulations,” Fred McMahon, vice-president of international policy research at the Fraser Institute, said in a statement.
My point is that my first reaction to this was negative. And it shouldn’t have been.
I want New Brunswick to be a place where companies can invest with confidence. The idea that NB is fair, transparent, efficient and consistent in the enforcement of environmental law is a very good thing.