Madam Speaker, I thank my hon. colleague for his question and his interest in this very important issue, which is sure to become even more important during our term.
Inclusive economic growth that benefits everyone is a priority for Canada, and we expect our businesses operating abroad to do so in a responsible manner, while respecting human rights and all applicable laws, as well as in a manner that is environmentally sound and socially responsible. Canada committed to corporate social responsibility quite some time ago, particularly through our efforts to develop and advance international recognized standards for corporate responsibility. This includes our efforts with the OECD.
We understand that how our companies do business abroad has a profound impact on Canada's reputation. Canadian businesses operating abroad must show leadership when it comes to developing responsible international business practices for the well-being of the inhabitants of the planet. In that regard, the Canadian extractive industry plays a pivotal role. The fact that Canadian mining companies operate all over the globe means there is considerable potential for them to demonstrate responsible practices. Those practices could be a key to improving the lives of people and communities.
We made it clear that all companies must reflect Canadian values in their conduct abroad. Nevertheless, we recognize that companies and communities sometimes need help to make sure that projects are good for both the company and the people. Our government is evaluating the role of the Extractive Sector Corporate Social Responsibility Counsellor and looking for ways to strengthen it. We are giving a lot of thought to mechanisms that will support Canada's demonstrable and practical global leadership in corporate social responsibility.
We must remember that Canada's existing corporate social responsibility framework is based on advancement of recognized international standards; on building networks and partnerships with stakeholders; and on facilitating dispute resolution between Canadian mining sector companies and those affected by their operations abroad.
On that last point, we need to talk about the two dispute resolution mechanisms currently in place. The first is through Canada's National Contact Point, which was set up in 2000 as part of our commitment to the OECD Guidelines for Multinational Enterprises and can be used in all sectors. The second is the Extractive Sector Corporate Social Responsibility Counsellor, a role created as part of Canada's corporate social responsibility strategy for the extractive sector abroad.
With this in mind, the government is currently reviewing its approach to corporate social responsibility in an international context while actively listening to civil society and companies operating abroad.
We remain committed to showing real international leadership on this issue.