Audit finds BC mines get approved faster than claimed, but often fail to meet economic forecasts.

A new audit challenges claims that red tape is hindering British Columbia's mineral boom, finding that mines take an average of 3.5 years for environmental assessments, much shorter than the 12-15 years industry and politicians claim. The audit also reveals that mines often fail to meet economic forecasts, with production, employment, and tax revenue falling significantly short of company predictions. Researchers argue this suggests the BC government is approving economically unviable mining operations.

December 11, 2024
13 Articles