Alberta falls to second-last place in ranking of Canadian mining jurisdictions
In their latest survey of 104 mining and exploration jurisdictions around the world, the Fraser Institute concludes that Saskatchewan is the world's most attractive place to do business, followed by Manitoba.
The survey of approximately 2,700 companies takes into account factors such as taxation, regulatory policy, infrastructure, political stability, land claims, labour laws, skills availability and trade barriers.
Alberta fell to 47th place, down from #34 last year and #14 in 2013. Alberta also deteriorated significantly in its PPI score (Policy Perception Index), from the second best Canadian province in 2015 to the fourth lowest Canadian jurisdiction last year.
Across the Canadian provinces, Alberta fell to second-last for "Investment Attractiveness", only slightly ahead of Nova Scotia.
Nationally, Canada ranks as one of the best mining jurisdictions in the world for both Policy Perception and Investment Attractiveness.
Globally, Austria and the United States round out the top three countries. Argentina was judged one of the worst mining jurisdiction in the world, along with India, Zimbabwe, Mozambique and Venezuela.
The survey was carried out during the second half of last year.