Marcos Pushes PH as Canada's Mining Partner
Canadian miners and IT firms backed Philippine expansion plans as Marcos pitched the country as a stable hub for long-term growth.
- Capping his official visit to Canada today, President Marcos secured nearly $2 billion in investment commitments from Canadian businesses in mining and critical minerals.
- The Department of Trade and Industry organized dialogues to position the Philippines as a sustainable mineral processing hub; Trade Secretary Maria Cristina Roque noted firms reaffirmed expansion plans.
- Canada-Based OceanaGold Corp. is undertaking a $1.9-billion expansion at the Didipio Gold-Copper Mine, while B2Gold Corp. and Philippine-based Filminera Resources Corp. plan approximately $14 million in expenditures for the Masbate Gold Project.
- During talks with Canadian Prime Minister Mark Carney, the President prioritized professional credential recognition for Filipinos; Canada is home to nearly one million Filipinos contributing to major construction and energy projects.
- Marking the 70th anniversary of its first Foreign Service Post in Canada, the Philippines emphasized energy cooperation as a top consideration for economic development and livelihood opportunities.
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Marcos pushes PH as Canada's mining partner
VANCOUVER — President Marcos promoted the Philippines as a “responsible” mineral processing hub and a strategic partner in the critical minerals sector as Canadian firms expressed interest in investing in the country. During a high-level dialogue on Friday, the third day of his four-day official visit to Canada, Marcos explored investment opportunities and deeper cooperation […]...Keep on reading: Marcos pushes PH as Canada's mining partner
Marcos woos Canadian investors in mining, critical minerals
VANCOUVER, Canada — President Ferdinand Marcos Jr. on Friday (Saturday in Manila) courted top executives from several Canadian firms to explore opportunities for investment, sustainable resource development, and strengthened cooperation in the mining and energy sectors.
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