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Dan-in-Ottawa

Natural resource development

A lot has been said around the discussion of natural resource development over the past several weeks. Whether it is a letter to the editor, a newspaper column or the subject of conversation at your local cafe, it is clear that there is a diversity of opinion. It is important to first recognize that our riding benefits substantially from these projects. In Okanagan Falls, the largest local employer develops and creates world class mining components. In Merritt, a long term employer has recently announced the permanent closure of a mine, where the negative impact on the local economy has yet to be fully realized. While out door knocking, I heard some of the views on resource development from long time Logan Lakers. They spoke about the hard times that followed when the nearby mine was closed for a time and the accompanying impacts on the local school and house prices as families moved to find work elsewhere. Since the mine resumed operations, they pointed to the positive impacts to the tax base and by attracting young families to work in the mine. Pointing to the flood of children walking home after the three o'clock bell and to the many ATV's and snowmobiles in driveways of local families, one can certainly recognize their point. 

During my time as a Member of Parliament I have yet to meet anyone who has suggested that the re-opening of the Copper Mountain Mine in Princeton has not been an extremely important and welcome support for the Princeton and area economy. In fact I have met many small business owners throughout Okanagan-Coquihalla who have both directly and indirectly benefited from the increased economic activity from this mine that represents an investment in excess of $400 million dollars. More importantly than the dollars is that this mine will directly employ close to 300 people in a resource community much in need of well paying jobs and of course the related spin off jobs will also benefit other sectors of the small business community.

Why do I mention the importance of the Copper Mountain mine to a community like Princeton? Because this critically important project for the economy of the Similkameen region was made possible through foreign investment. The Mitsubishi Materials Corporation invested a significant amount of capital into this project so that it would become a reality. This investment has created hundreds of well paying jobs in our region and in turn the resource royalties paid to the British Columbia Provincial Government help cover the costs of important services such as healthcare and education. In fact the B.C. Government forecasted roughly $400 million in revenues from the B.C. mining sector alone in 2010, not to mention that the average wage in this sector is in the $100,000 range annually. As mentioned earlier, Okanagan Falls, Logan Lake and Merritt also directly depend upon the mining sector to help provide jobs that support local families and local economies.  

If you have been following area newspapers as of late, you will know that critics including some of the opposition parties both provincially and federally oppose trade and foreign investment. Yet these same critics frequently ignore that foreign investment is what helps to create important jobs right here in Okanagan-Coquihalla and at the same time provides important revenues to Governments at all levels that in turn pays for important services that citizens depend upon. Crown resources will always be owned by British Columbians and in turn Canadians, no agreement proposed today alters that fact. This is why the crown receives resource royalty revenues when the opportunities to capitalize on resources extraction are made available with further revenues benefiting throughout the process. For taxpayers to receive the highest possible return for the rights to engage in responsible resource development, a competitive bidding process is often involved to ensure the highest price is realized. Opening up this market to foreign investors not only has the potential to directly benefit Provincial resource royalty revenues, it can also directly benefit local economies as evidenced in Princeton.

FIPA agreements, as mentioned in a previous MP report, are not full scale trade agreements but rather are agreements that help to provide certainty to investors that outline the rules, obligations, administration and dispute resolution mechanisms that can both protect and promote foreign investment in the respective countries party to the agreement. In the event that foreign investment seeks to gain ownership of a Canadian resource company, this decisions is not subject to a FIPA agreement but rather is subject to the Investment Canada Act. The Government of Canada will either approve or reject an application based on the six clear factors that are laid out in detail in section 20 of the Investment Canada Act. These decisions will only be made after very careful review and extensive scrutiny.  The Conservative Government is the first in recent history to reject foreign ownership of Canadian owned resources as was recently done with the rejection of the Malaysian Petronas proposal and was also done with the rejection of the Potash Corporation of Saskatchewan in 2010. Our Government will continue to make decisions that build on our track record of encouraging economic growth, job creation and prosperity in Canada.

Dan Albas is the Member of Parliament for Okanagan-Coquihalla and can be reached at [email protected] or by phone at 1 (800) 665-8711.



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About the Author

Dan Albas is the Member of Parliament for the riding of Central Okanagan Similkameen Nicola which include the communities of Kelowna (specific boundaries), West Kelowna, Peachland, Summerland, Keremeos, Princeton and Merritt.

Before entering public life, Dan was the owner of Kick City Martial Arts, responsible for training hundreds of men, women and youth to bring out their best. For his work on child safety and awareness, Dan was the recipient Penticton’s ‘2005 Young Entrepreneur of the Year’ award. Dan served as campaign chair for the United Way of the South Okanagan-Similkameen in 2006-7 and 2010-11, both times surpassing their fundraising goals.

On June 28 of 2012 Dan became one of the first MP’s in recent history to have a Private Members Bill (Bill 311) C-311 become law with the unanimous all party support of both the House of Commons and the Canadian Senate.  Bill C-311 “An Act to amend the importation of intoxicating liquors Act” amended a prohibition era law to prevented the free trade of wine over provincial borders.

Dan’s parliamentary record includes being recognized by the Ottawa Citizen in 2015 as one of only five Members of Parliament in Canada with a 100% voting attendance record.  Locally in British Columbia,  MP Dan Albas has been consistently one of the lowest spending Members of Parliament on office and administration related costs despite operating two offices to better serve local constituents.

 MP Dan Albas is consistently recognized as one of Canada’s top ten most active Members of Parliament on Twitter (@danalbas) and also continues to write a weekly column published in many local newspapers and on this website.

In October of 2015 MP Dan Albas was re-elected to Parliament representing the new riding of Central Okanagan Similkameen Nicola.  Dan is currently the Deputy Finance Critic, serving with Finance Critic, MP Gerard Deltell and sits on the Standing Committee on Finance.

Dan is honoured to serve the residents of Central Okanagan-Similkameen-Nicola as their Member of Parliament.

MP Dan Albas welcomes your input, so please contact him by e-mail, phone or mail.

He can be reached at:

Central Okanagan-Similkameen-Nicola's MP office
2562-B Main Street
West Kelowna, B.C. V4T 2N5
Email: [email protected]
Phone toll free: 1.800.665.8711
Fax: 250.707.2153



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The views expressed are strictly those of the author and not necessarily those of Castanet. Castanet does not warrant the contents.

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