Finance committee  Thank you, Mr. Chair. First, let me thank you and the committee members for the opportunity to discuss innovation and economic development today. I'm joined by Jean Robitaille. Jean is the senior vice-president of business strategy and technical services for Agnico Eagle. More

Finance committee  Yes, just a little more on top of that. In my opening remarks and in our brief, we've mentioned a business case. We have a full business case for towards zero waste, and it's oriented towards industry. In that business case, we have calculated what the ROIs are for 14 companies

Finance committee  Perhaps I could take 30 seconds. It's a great question. A key element of what we're doing, as I mentioned before, is open innovation. It's not just about the mining sector, it's about other sectors as well. We're reaching out to aboriginal businesses already. We've talked to som

Finance committee  We don't have a specific target for greenhouse gas emissions, no.

Natural Resources committee  Thank you, Mr. Chair. First, let me thank you and the committee members for the opportunity to address you today. I'm joined by Jean Robitaille, who's the senior vice-president of business strategy and technical services for Agnico Eagle Mines Limited. Jean is here today as the

Natural Resources committee  This is a difficult question to answer. If you look at the mining industry today, it's been in significant challenges for the last decade, with volatile commodity markets, depressed markets, etc. The cash flows for the mining industry have been very significantly impaired. If you

Natural Resources committee  We are a member of the Mining Association of Canada. The Mining Association of Canada is the one that is typically consulted on policy issues, and they have endorsed a carbon tax policy. I would like to mention that a lot of the work we are focused on in innovation is targeted d

Natural Resources committee  Again, as far as we are concerned, they consulted with the Mining Association of Canada, which represents our interests and the interests of its members.

Natural Resources committee  I would like to add to that. To your question, as Jean alluded to, if you're looking at infrastructure investment for electricity, for example, $50 million is insignificant because the infrastructure requirements are of an order of magnitude at least above that. It's essentially

Natural Resources committee  As I mentioned, we're launching phase one in November. Our technology group spent two years basically searching globally for technologies that could potentially reduce energy consumption. In grinding circuits, our target was a 50% reduction. We've identified three possible techno

Natural Resources committee  We have to look at the oil and gas and mining industries. They're a little bit different. The COSIA model is fairly centrally located. The processes are fairly homogeneous. In the mining business, the hard rock business, it's significantly different. Even tailings in a mine site

Natural Resources committee  That's perfect, thank you for the question. I'm glad you brought that up. If you hadn't, I would have. As I mentioned at the start, in Canada approximately 7,000 different programs fund research, development, and innovation. It's significant. It's all across the board. There are

Natural Resources committee  I think we need to. If you're looking at research and fundamental discovery, you do need that sort of opportunity where you have numerous programs where people with good ideas can apply, so we do still have to do that. If we want focus, we need to identify the strategic areas of

Natural Resources committee  That's a great question. I'm going to take some of it, and Jean and others will jump in as well. On the competitiveness front, we're actually losing ground for the first time in decades. We rank number two, after Australia, as a place for exploration investment. We're losing gr

Natural Resources committee  Just to bolster what Jean said and to answer your question, the best practices are industry-led. CMIC is industry-led, COREM is industry-led, IMII out of Saskatchewan is industry-led. Those are the best practices, and this is true in Australia as well. Best practices: industry-le