MINING RIGHTS PAYMENTS: THE MINING INDUSTRY’S GROWING CONTRIBUTION TO PROSPERITY IN QUÉBEC
Québec City, March 4, 2021 – Québec’s mining industry paid almost $400 million in mining rights to the Québec government in 2019, once again demonstrating its major contribution to the province’s social and economic prosperity. In the view of the Québec Mining Association (QMA), this increase of 37% from 2018 to 2019 reflects the dynamic approach of the mining companies active in Québec.
The record amount of mining rights paid to the government acts as a reminder of the total contribution made by the industry to Québec’s public coffers, which amounts to over $1.3 billion without including corporate income tax.
This is in addition to the almost $10 billion spent by the mining industry in 2018 (the most recent data available) throughout Québec, the 48,000 jobs created or maintained, a payroll of $1.8 billion and the contributions made to communities to support local initiatives.
“Quebecers can be proud of their mining industry and its contribution to the province’s economic and social prosperity. There can be no doubt that the mining sector is, more than ever before, a key player in wealth creation. The mining industry will be a leading partner in the process to revive the economy following the pandemic.”
- Josée Méthot, President and CEO of the QMA
About the Québec Mining Association
The Québec Mining Association (QMA) was founded in 1936 and speaks proactively for mining companies involved in exploration, extraction and processing, mining contractors and junior mining companies, along with suppliers, institutions, non-profit organizations and other mining sector partners. It is proud of the 48,006 jobs and total expenditure of $9.9 billion generated by Québec's mining industry in 2018, based on the most recent data. The QMA’s mission is to promote, support and proactively develop a responsible, committed and innovative mining industry in Québec.