McGuinty Government Launches Ontario Mineral Industry Cluster Council
SUDBURY - Northern Development and Mines Minister Rick Bartolucci today announced the creation of the Ontario Mineral Industry Cluster Council (OMICC), to help develop a plan to strengthen Ontario's mineral cluster.
The OMICC is comprised of representatives from the mining industry, academia and government. "Our government believes in the power of clusters and their importance to the province's economy," said Bartolucci. "I am excited that the mineral sector is moving forward in a way that will help us to deliver smart investments in strong, sustainable growth for the future."A cluster is a geographic concentration of inter-related industries and institutions that compete but also cooperate. Clusters drive wealth creation in a region, primarily through the export of goods and services. The OMICC is co-chaired by George Pirie, President and CEO of Placer Dome Canada, and Warren Holmes, President and CEO of Nuinsco Resources.
"Those of us who live in mining communities understand that our mineral sector continues to be a wealth-generating cluster," said George Pirie. "A well-planned cluster strategy could stimulate its growth and expansion to provide even greater economic benefits to the region and to the entire province."
The OMICC will meet regularly to gather insights and views of stakeholders and identify opportunities to enhance competitiveness, innovation, and investment in Ontario's mineral cluster. The Council will report its findings directly to the Minister of Northern Development and Mines.
"The mineral cluster in Ontario is well-defined and has the opportunity to become a leading competitor in the global economy," Bartolucci said. "I am grateful to the council members for taking on this important task."