Resource Connector 2022

Page 12

MESSAGE FROM THE

HONOURABLE BRUCE RALSTON MINISTER OF ENERGY, MINES, AND LOW CARBON INNOVATION

T

here is no question that 2021

Our government is also taking steps to

brought with it many challenges

ensure our decades-old oil and gas royalty

for British Columbians, from the

system is modernized, aligned with our

ongoing global pandemic to forest

climate goals, and provides a fair return

fires and more recent flooding. Through it

to British Columbians. For the first time

all, our government has remained committed

in nearly 30 years, the public has had an

to ensuring people and communities have

opportunity to provide feedback on what a

the supports they need to build back better.

new royalty system should look like. This

A large part of our economic recovery is linked to the strength of our province’s natural resource sector. B.C. has a welldeserved reputation as a global leader in the growing Environmental, Social, and

us in a position to eliminate outdated fossil fuel subsidies and aligning the royalty system with our ambitious CleanBC climate action plan.

Governance (ESG) movement and our

Our government continues to take steps to

government is committed to building on this

advance reconciliation and provide a clear

progress.

path forward for future resource development

Here in B.C., we produce several of the minerals critical to delivering a low-carbon future. We are Canada’s largest producer of copper, essential for electrification, and Canada’s only producer of molybdenum. Moreover, we have the potential to produce nickel, cobalt, and other rare earth elements important for batteries, magnets, and the photovoltaic technology necessary to generate clean energy from expanded wind

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work will be completed this spring, putting

in B.C. We’re currently working to address cumulative impacts with the Blueberry River First Nation and other Treaty 8 First Nations. This work is long overdue and will help promote investor confidence and future partnerships between the province, local First Nations, and industry. Our government is committed to ensuring our natural resource sectors remain responsible and sustainable for decades to come.

and solar projects. In the year ahead, I look

In partnership with industry, I look forward

forward to continued work with industry,

to continued innovation aimed at creating

First Nations, and local communities

new opportunities for workers, strengthening

to grow our contribution to the world’s

communities, and ensuring our resource

critical minerals supply and ensure we all

sector is ready and able to meet global

benefit from our province’s resources, while

demands in the transition to a low-carbon

safeguarding our environment.

future. O

Resource Connector North 2022


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