Despite concern about the future of the mining sector in Canada, given recent deals that could shift control out of the country, KPMG Canada partner Heather Cheeseman believes that the industry remains healthy and that miners will grow their businesses this year.
In its latest global mining risk report, KPMG states that 66% of mining companies are confident or very confident in their ability to grow this year. The majority (73%) will focus on organic growth, but mergers and acquisitions (40%), as well as innovation and technological transformation (29%) will be increasingly important this year.