Mining Readiness Strategy for Thunder Bay and Northwestern Ontario
Mining
Readiness
Strategy
FINAL
DRAFT
Prepared
by
MNP LLP
for the City
of
Thunder Bay and
the
Community Economic Development Commission
(CEDC)
February 11, 2021
Ambassadors Northwest
Suite
701, 34
Cumberland
St.
N.
Thunder
Bay,
ON P7A 4L6
gotothunderbay.ca
Introduction
2
A guiding
framework for the City
of
Thunder
Bay to
support
the growing
Northwestern
Ontario
mining
sector
The
City
of
Thunder
Bay and the
Community
Economic
Development Commission (CEDC)
engaged
MNP
and
TBT
Engineering
to
develop
a
Mining Readiness
Strategy
focused
on
regional developments over
the
next ten years (2020
to
2030).
The report
focuses primarily
on:
•
Business
Development
in Supply and
Services:
Maximizing exploration and
mining
service
and
supply
opportunities
for Thunder
Bay,
including
connecting
directly
with the 6 mines and 15 exploration managers, identifying
indirect
and
induced businesses
and
gaps in
the
supply
chain.
•
Workforce
Training
and
Development
:
Develop an understanding
of
positions
required
by mines now and in the
future,
assess existing
college, university
and trade
programs
and how
to
address
any
gaps.
•
Transportation
and Electrical
Infrastructure
: Identify
road,
port
and airport access and
electricity requirements
and
constraints for
the
15 exploration
sites.
•
Economic
Impact
of
New
and
Existing
Mine
Developments
for Thunder Bay
:
Estimate
the
contribution
to
Thunder
Bay’s
economy
by
the 6
producing mines
and 15
exploration
projects.
•
Research
and
Development:
Identify potential technology advances
and
partnerships
with
local education
and
research
centers.
•
Identifying
Gaps
and
Barriers
to
Exploration
and
Mine
Development
in
Northwestern
Ontario.
The report
concludes
with
strategic
recommendations that the
CEDC
can implement
to
support the exploration and
mining sector
in the
City
of
Thunder
Bay and Northwestern
Ontario.
Approach
and
Methodology
3
Regional
Mining
Overview
Ontario
Currently
the
largest
producer
in
Canada
of
gold,
platinum
group
metals,
and
nickel.
Second
largest
producer
of
copper.
4
The
value
of
mineral production
in
Ontario has consistently
exceeded
$10 billion
since
2014, and
reached
a
value
of
$10.7 billion in
2019.
Exploration expenditures
between
$517
to
$585
million over
the
last
three
years.
Estimated
26,000
direct jobs
and
46,000
indirect jobs
in
mineral
processing
and
mining supply
and
services
in
Ontario.
In
2020,
Ontario had
40
operating
mine sites (20-gold mines, 9-base
metal mines 1-iron mine
and 1-
platinum
group
metal
mine).
Regional
Mining
Overview
Northwestern
Ontario
–
Distribution
of
Metals
by
Major Exploration Sites and Active
Mines
5
6
7
1
3
3
1
1
15
25
Go
l
d
Palladium
Lithium
Graphite
Nickel-Copper-PGE
Total
Count
0
5
Quantity of Operating Mine
Sites
10
15
20
Quantity of Major Exploration
Sites
5
15
Major
Exploration
Sites
Primarily
gold, palladium
and
lithium.
6
Existing Operating
Mines
Primarily
gold mines,
and
one palladium
mine.
324,000
209,000
276,000
150,000
277,000
235,000
196,000
171,000
213,000
207,000
261,000
236,000
205,000
140,000
3
7
,
000
227,000
257,000
27,000
257,000
3,000
158,000
208,000
242,000
22
7
,000
208
,000
45,000
0
2
0
0
,
0
00
40
0
,
00
0
600,000
800,000
1,000,000
Regional
Mining
Overview
Northwestern
Ontario
–
Historic Active Operating Mine Production (Gold and
Palladium)
1,200,000
Ounces
of
Gold
and
Palladium
2
018
2
019
2
020*
Hemlo Mine (Gold)
Rainy River Mine (Gold)
Lac des Iles Mine
(Palladium)
6
2016
2017
Red Lake Mine (Gold)
Musselwhite Mine (Gold)
Sugar
Zone
Mine
(Gold)
*2020 production value is
estimated.
Average
Ounces
of
Palladium
Produced per
Year
By
1
current palladium
mine.
790,000+
Average
Ounces
of
Gold Produced
per
Year
Between
5
current gold
mines.
200,000+
Mining
Industry
Stakeholder
Feedback
3
Top
Interview
Themes
The CEDC
is
perceived by mining
industry
stakeholders
as a
key
facilitator for
business
introductions
and
sharing knowledge about economic development
opportunities and
support.
Exploration
and
mining companies
will
prefer
to
buy local
if their
supply
chain
staff
are aware
of
the
local businesses which
are
qualified
to
deliver the
needed supplies
and
services.
There
is an
emerging
opportunity
for
critical
mineral processing
and support
directly
within
the
municipal
boundaries
of
Thunder
Bay.
1
2
5
City/CEDC needs
to
advance
their
marketing
and
communications strategy
to
emphasize
that
Thunder Bay
is a full-service
hub for
Northwestern
Ontario.
There
is a
near-term great need for
skilled
trades
and
numerous types
of
support
services
roles
as
new mines
are
constructed
and
begin
operations.
4
8
8
Thunder Bay
is
currently receiving significant economic
benefits due
to
the mining
industry
and is
well perceived
and
positioned
to
benefit
from
the
forecasted increase
in mining
activity.
All mining companies
are
willing
to
partner with
local
research
facilities
if the opportunity
arises.
6
7
10
A
tailored strategy
to
support
local workers
and
Indigenous community members
gain the job
skills along with the
logistical
support
to
get
to
the
work sites
is
needed.
The
city
of
Thunder Bay has
abundant
municipal
infrastructure
to
support
growth
in the
regional mining industry, but
the
broader
northwest
regional infrastructure has some
significant
challenges with
road
and electricity
supply.
Extended
timelines
for
permitting and
approvals
is
seen
as the
major
impediment
to
9
advancing mine
development.
9
Mining
Industry
Stakeholder
Feedback
Top
Interview
Themes
Mining Supply
and
Services
Business Development
in Thunder
Bay
–
Business
Type
Focus
Areas
Proximity
to
Mines
•
Local distribution
centers.
•
Transportation
and
logistics
services
(e.g.
trucking).
•
Equipment and
parts
service
centers.
•
General mine
support
services
(e.g.
security,
transportation,
cleaning,
catering, health,
etc.).
•
Ground
support
materials
Workforce
Training
•
Skilled
trades
training
centers.
•
Mining skills
training
centers.
•
Life skills and
career
development
services.
Critical Minerals
•
Chemical processing
plants for
critical
mineral
processing (e.g.
lithium,
graphene).
Available
Land
•
Promote
available
commercial and
industrial
land available
in the
city.
(e.g.
shotcrete).
10
10
Workforce
Training
and
Development
Northwestern
Ontario Estimated
20-Year
Employment
Projection
8
,000
7,
0
0
0
6
,000
5
,000
4,
0
00
3
,000
2
,000
1
,
000
0
No.
of
Jobs
No.
of Existing Operations
Jobs
No.
of
New
Operations
Jobs
10
3,600+
Mine
Operations
Jobs
in
2020
Estimated for
the 6
operating mines
in
Northwestern
Ontario.
2,000+
Peak
Construction
Jobs
in
2023
Estimated for
the 15
major
exploration
sites
in Northwestern
Ontario.
100%
Increase
in
Mine
Operations
Jobs
Estimated
to
peak at
7,400+
total
positions.
7,000+
Peak
Mining
Jobs
between
2023-2028
Estimated
jobs
required
for construction and
operation
of
new and
existing
mines.
Workforce
Training
and
Development
Northwestern
Ontario Estimated Mining
Occupation
Distribution (Current and
Peak
Levels)
2,6
25
1,
7
85
81
5
630
503
325
237
1,329
904
413
319
255
245
484
1,295
881
402
311
248
239
3
,000
Other
Occupations
Production
Occupations
Trades
Occupations
Supervisors, Coordinators, and
Foremen
Professional and Physical Science
Occupations
Technical
Occupations
Support
Workers
Human Resources
and
Financial
Occupations
0
1
,
000
2
,000
No.
of
Operations
Jobs
No. of Current Operations Jobs (2020)
No. of
New
Operations Jobs (2026, 2027)
No. of Peak Operations
Jobs
(2026,
2027)
12
2X
Operations
Job Growth
Estimated around
2026 when all six
current operating mines are still
in
production
and
multiple major
exploration sites have
converted
to
operating mine
sites.
Transportation
and Electrical
Infrastructure
Access
Road
Requirements
M
a
j
or
27%
13
Minimal
20%
Mod
er
a
t
e
40%
N/A
13
%
Of
the 15 exploration
sites reviewed,
60
percent
had
minimal
or
moderate
access
road
construction requirements,
due
mostly to their
advantageous
location close to
the
major
highway network in Northwestern
Ontario. Sites requiring
major construction
include:
•
Access to
the
Ring
of
Fire.
•
Realigning
existing
Highway 11
road
and
electricity
infrastructure
that is
currently passing
through
the
site.
•
Construction
of
all-season
roads
to
improve
current
access
restrictions
of
air travel
and
winter
road
only access
(Frontier
Lithium’s
PAK
project,
and
First
Mining
Gold’s
Springpole
Lake
project).
Transportation
and Electrical
Infrastructure
Electricity
Supply
Requirements
Of
the 15
exploration sites reviewed,
53
percent
had
minimal
or
moderate electricity infrastructure requirements,
due to
their
proximity
to nearby
transmission
lines.
Sites requiring
major
electricity
infrastructure construction
include:
•
Multiple sites requiring over
25
km
of
new transmission
lines.
•
Multiple sites requiring power
plants to be built
due to
lack
of
available
local
transmission
lines
or
capacity.
M
a
j
or
34%
14
Mod
er
a
t
e
40%
Mini
m
a
l
13%
N/A
1
3
%
Transportation
and Electrical
Infrastructure
Electricity
Demand Projection
– Northwestern
Ontario
Total
Impacts
0
1
0
0
2
00
3
00
400
5
00
6
00
Peak Power
Demand
(MW)
Total Existing Demand of
6
Mines
Total
New
Demand of
15
Exploration
Sites
15
180%
Estimated
increase
in Electricity
Demand from New Mines
in
2026
Levels expected
to
increase
from
190
MW
present day amount
to
over
540
MW.
190
MW
Estimated
Current
Operating
Mine
Electricity
Demand
Levels expected
to
be
maintained until
2027.
Transportation
and Electrical
Infrastructure
Electricity
Demand Projection
–
Regional
Impacts
Estimated Electricity
Demand
Growth
in
Red
Lake
From
4
new
major
exploration
sites.
380%
Estimated Electricity
Demand
Growth
in
Marathon-Greenstone
From
3
new major exploration
sites.
220%
80-150%
Estimated
Electricity
Demand
Growth
in
Fort
Frances,
Thunder
Bay
and Northern
Regions
From
6
new
major
exploration
sites.
30
37
57
50
20
116
84
60
40
30
12
10
1
6
0
140
1
2
0
1
0
0
80
60
40
20
0
Marathon-
Red
Lake
Greenstone
Fort
F
r
a
nc
e
s
T
h
u
n
d
er
Bay
Northern
D
r
y
den
K
e
n
o
r
a
Peak
Electricity
Demand
(MW)
Future Regional Peak Demand Required
by
Exploration Sites
Current Regional Peak Demand of Operating
Mines
16
Economic
Impact
Projected
Mining Output for Current Operating Mines and Major Exploration
Projects
1,400,000
1,200,000
1,000,000
800,000
600,000
40
0
,
00
0
200,000
0
Production
(Ounces)
Palladium Production (Oz)
-
Projected
Gold Production (Oz)
-
Projected
1,400,000
1,200,000
1,000,000
800,000
600,000
40
0
,
00
0
200,000
0
Ounces/Tonnes
Total Production
-
Precious Metals (Ounces)
Total Production
-
Other
(Tonnes)
Current
Operating
Mines
Major
Exploration
17
Economic
Impact
Estimated
Total
Direct, Indirect and
Induced
Output for
Northwestern
Ontario
$2,620
$4,370
$7,
9
40
$8
,
710
$
5
,910
$0
$
2
,
00
0
$4,000
$
6
,
00
0
$
8
,
00
0
$10,000
2
019
2
020
Average 2021 Average 2026 Average
2029
to
2030
$
Million
to
2025
to
2028
Advanced Stage Exploration Projects
-
Operations
Advanced Stage Exploration Projects
-
Construction
Operating Mines
•
Economic
Output
is
the
total
gross value
of
goods
and services
produced
by a
given
organization,
industry
or
project, measured
by
the
price
paid
to the
producer.
This is
the
broadest
measure
of
economic
activity.
•
Direct impacts
are
changes that
occur
in
“front-end” businesses
that would
initially
receive
expenditures
and
operating
revenue
as
a
direct
consequence
of
the
operations
and
activities
of
a
facility.
•
Indirect
impacts arise
from
changes in
activity for suppliers
of
the “front-end”
businesses.
•
Induced impacts
arise
from
shifts in
spending on goods
and services
as
a
consequence
of
changes
to
the
payroll
of
the
directly
and
indirectly affected
businesses.
18
Strategic
Recommendations
19
Main Focus Areas to
be
Implemented throughout
2021
1.
The
CEDC
should act quickly to
implement the
strategic recommendations
with
completion targets
by the end
of
2021.
2.
Leverage technology
and
digital media
by enhancing the CEDC
Mining website,
allowing ease
of
access to
contemporary
information
and facilitate the
exchange
of
information
and
data.
3.
Develop or
expand
on the CEDC
mining readiness Marketing
and Communications plan
to ensure
the
Thunder
Bay is
widely known as the
node
for facilitation,
collaboration,
training and
information
of
mining related
services.
4.
Advanced
facilitation and
knowledge
transfer about the
regional
Mining Supply and
Services
offerings,
making
prospective
clients and
companies aware
of
who’s
in the
region
and able
to
support the
growing mining
industry.
5.
Promote
Thunder Bay as the
Workforce
Training
and Development hub for
mining sector
and inform the education
and training associations
of
what types
of
jobs
are
needed in the
future.
6.
Improve
the
regional mining
industry
stakeholders’
awareness (e.g. electricity planning and infrastructure
organizations,
exploration and
mining companies,
and
provincial
and
federal
government)
of
the
Transportation
and
Electrical
Infrastructure needs
and planned or
in-progress
projects.
7.
Evaluate strategic
incentives and
municipal
infrastructure priorities which incentivize Business and
Economic
Development for the
Mining
Sector.
Strategic
Recommendations
Estimated Implementation
Plan
GANTT:
Thunder
Bay Mining Readiness
Strategy
S
T
A
R
T
2021
20
A comprehensive Mining Readiness Strategy prepared by MNP LLP for the City of Thunder Bay and the CEDC focusing on business development, supply and services, workforce training, infrastructure, economic impact, research and development, and identifying gaps and barriers in exploration and mine development in Northwestern Ontario. The report provides strategic recommendations to support the exploration and mining sector in the region.
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Presentation Transcript
FINAL DRAFT Mining Readiness Strategy Prepared by MNP LLP for the City of Thunder Bay and the Community Economic Development Commission (CEDC) February 11, 2021 Ambassadors Northwest Suite 701, 34 Cumberland St. N. Thunder Bay, ON P7A 4L6 gotothunderbay.ca
Introduction A guiding framework for the City of Thunder Bay to support the growing Northwestern Ontario mining sector The City of Thunder Bay and the Community Economic Development Commission (CEDC) engaged MNP and TBT Engineering to develop a Mining Readiness Strategy focused on regional developments over the next ten years (2020 to 2030). The report focuses primarily on: Business Business Development Development in in Supply including connecting directly with the 6 mines and 15 exploration managers, identifying indirect and induced businesses and gaps in the supply chain. Supply and and Services Services: : Maximizing exploration and mining service and supply opportunities for Thunder Bay, Workforce Workforce Training college, university and trade programs and how to address any gaps. Training and and Development Development: Develop an understanding of positions required by mines now and in the future, assess existing Transportation Transportation and Electrical 15 exploration sites. and Electrical Infrastructure Infrastructure: Identify road, port and airport access and electricity requirements and constraints for the Economic Economic Impact the 6 producing mines and 15 exploration projects. Impact of of New New and and Existing Existing Mine Mine Developments Developments for Thunder Bay for Thunder Bay: Estimate the contribution to Thunder Bay s economyby Research Research and and Development: Development: Identify potential technology advances and partnerships with local education and research centers. Identifying Identifying Gaps Gaps and and Barriers Barriers to to Exploration Exploration and and Mine Mine Development Development in in Northwestern Northwestern Ontario. Ontario. The report concludes with strategic recommendations that the CEDC can implement to support the exploration and mining sector in the City of Thunder Bay and Northwestern Ontario. 2
Regional Mining Overview Ontario Currently the largest producer in Canada of gold, platinum group metals, and nickel. Second largest producer of copper. The value of mineral production in Ontario has consistently exceeded $10 billion since 2014, and reacheda value of $10.7 billion in 2019. Exploration expenditures between $517 to $585 million over the last three years. Estimated 26,000 direct jobs and 46,000 indirect jobs in mineral processing and mining supplyand services in Ontario. In 2020, Ontario had 40 operating mine sites (20-gold mines, 9-base metal mines 1-iron mine and 1- platinum group metalmine). 4
Regional Mining Overview Northwestern Ontario Distribution of Metals by Major Exploration Sites and Active Mines Total Count 6 15 6 Existing Operating Mines Primarily gold mines, and one palladium mine. Nickel-Copper-PGE 1 Graphite 1 15 Major Exploration Sites Primarily gold, palladium andlithium. Lithium 3 Palladium 1 3 Gold 5 7 0 5 10 15 20 25 Quantity of Operating Mine Sites Quantity of Major Exploration Sites 5
Regional Mining Overview Northwestern Ontario Historic Active Operating Mine Production (Gold and Palladium) 1,200,000 208,000 1,000,000 242,000 Ounces of Gold and Palladium 790,000+ Average Ounces of Gold Produced per Year 45,000 158,000 800,000 208,000 227,000 227,000 257,000 261,000 37,000 27,000 600,000 140,000 205,000 236,000 257,000 3,000 Between 5 current gold mines. 200,000+ 235,000 400,000 207,000 171,000 196,000 213,000 200,000 324,000 277,000 276,000 209,000 Average Ounces of Palladium Produced per Year 150,000 0 2016 Red Lake Mine (Gold) Musselwhite Mine (Gold) Sugar Zone Mine (Gold) 2017 2018 2019 2020* By 1 current palladium mine. Hemlo Mine (Gold) Rainy River Mine (Gold) Lac des Iles Mine (Palladium) *2020 production value is estimated. 6
Mining Industry Stakeholder Feedback Top Interview Themes The CEDC is perceived by mining industry stakeholders as a key facilitator forbusiness introductions and sharing knowledge about economic development opportunities and support. 1 City/CEDC needs to advance their marketing and communications strategy to emphasize that Thunder Bay is a full-service hub for Northwestern Ontario. 2 Exploration and mining companies will prefer to buy local if their supply chain staff are aware of the local businesses which are qualified to deliver the needed supplies and services. 3 There is an emerging opportunity for critical mineral processing and support directly within the municipal boundaries of Thunder Bay. 4 There is a near-term great need for skilled trades and numerous types of support services roles as new mines are constructed and begin operations. 5 8
Mining Industry Stakeholder Feedback Top Interview Themes A tailored strategy to support local workers and Indigenous community members gain the job skills along with the logistical support to get to the work sites isneeded. 6 The city of Thunder Bay has abundant municipal infrastructure to support growth in the regional mining industry, but the broader northwest regional infrastructure has some significant challenges with road and electricitysupply. 7 Thunder Bay is currently receiving significant economic benefits due to the mining industry and is well perceived and positioned to benefit from the forecasted increase in miningactivity. 8 All mining companies are willing to partner with local research facilities if the opportunity arises. 9 Extended timelines for permitting and approvals is seen as the major impedimentto advancing mine development. 10 9
Mining Supply and Services Business Development in Thunder Bay Business Type Focus Areas Workforce Training Skilled trades training centers. Mining skills training centers. Life skills and career development services. Available Land Promote available commercial and industrial land available in the city. Proximity to Mines Local distribution centers. Transportation and logistics services (e.g. trucking). Equipment and parts service centers. General mine support services (e.g. security, transportation, cleaning, catering, health, etc.). Ground support materials Critical Minerals Chemical processing plants for critical mineral processing (e.g. lithium, graphene). (e.g. shotcrete). 1 0
Workforce Training and Development Northwestern Ontario Estimated 20-Year Employment Projection 100% Increase in Mine Operations Jobs Estimated to peak at 7,400+ total positions. 3,600+ MineOperations Jobs in 2020 Estimated for the 6 operating mines in Northwestern Ontario. 8,000 7,000 6,000 5,000 No. of Jobs 4,000 7,000+ Peak Mining Jobs between 2023-2028 Estimated jobs required for construction and operation of new and existing mines. 2,000+ Peak Construction Jobs in 2023 Estimated for the 15 major explorationsites in Northwestern Ontario. 3,000 2,000 1,000 0 No. of Existing Operations Jobs No. of New Operations Jobs 10
Workforce Training and Development Northwestern Ontario Estimated Mining Occupation Distribution (Current and Peak Levels) Human Resources and Financial Occupations 237 Support Workers 325 239 2X Operations Job Growth Estimated around 2026 when all six current operating mines are still in production and multiple major exploration sites have converted to operating mine sites. Technical Occupations 245484 248 Supervisors, Coordinators, and Foremen 255 503 311 319 Professional and Physical Science Occupations 630 402 Trades Occupations 413 815 881 Production Occupations 904 1,785 1,295 Other Occupations 1,329 2,625 3,000 0 1,000 No. of Operations Jobs 2,000 No. of Current Operations Jobs (2020) No. of New Operations Jobs (2026, 2027) No. of Peak Operations Jobs (2026, 2027) 12
Transportation and Electrical Infrastructure Access Road Requirements Of the 15 exploration sites reviewed, 60 percent had minimal or moderate access road construction requirements, due mostly to their advantageous location close to the major highway network in Northwestern Ontario. Sites requiring major construction include: N/A 13% Major 27% Minimal 20% Access to the Ring of Fire. Realigning existing Highway 11 road and electricity infrastructure that is currently passing through the site. Moderate 40% Construction of all-season roads to improve current access restrictions of air travel and winter road only access (Frontier Lithium s PAK project, and First Mining Gold s Springpole Lake project). 13
Transportation and Electrical Infrastructure Electricity Supply Requirements Of the 15 exploration sites reviewed, 53 percent had minimal or moderate electricity infrastructure requirements, due to their proximity to nearby transmission lines. Sites requiring major electricity infrastructure constructioninclude: N/A 13% Major 34% Minimal 13% Multiple sites requiring over 25 km of new transmission lines. Multiple sites requiring power plants to be built due to lack of available local transmission lines or capacity. Moderate 40% 14
Transportation and Electrical Infrastructure Electricity Demand Projection Northwestern Ontario Total Impacts 600 190 MW Estimated Current Operating Mine Electricity Demand Levels expected to be maintained until 2027. 500 Peak Power Demand (MW) 400 300 180% Estimated increase in Electricity Demand from New Mines in 2026 Levels expected to increase from 190 MW present day amount to over 540 MW. 200 100 0 Total Existing Demand of 6 Mines Total New Demand of 15 Exploration Sites 15
Transportation and Electrical Infrastructure Electricity Demand Projection Regional Impacts 380% Estimated Electricity Demand Growth in Marathon-Greenstone 160 140 Peak Electricity Demand (MW) From 3 new major exploration sites. 220% 120 100 116 60 80 84 Estimated ElectricityDemand Growth in Red Lake 40 60 From 4 new major exploration sites. 80-150% Estimated Electricity Demand Growth in Fort Frances, Thunder Bay and Northern Regions 40 30 57 50 20 37 30 20 12 10 0 Marathon- Red Lake Greenstone Fort Frances Thunder Bay Northern Dryden Kenora Future Regional Peak Demand Required by Exploration Sites Current Regional Peak Demand of Operating Mines From 6 new major exploration sites. 16
Economic Impact Projected Mining Output for Current Operating Mines and Major Exploration Projects Current Operating Mines Major Exploration 1,400,000 1,400,000 1,200,000 1,200,000 1,000,000 1,000,000 Ounces/Tonnes 800,000 800,000 Production (Ounces) 600,000 600,000 400,000 400,000 200,000 200,000 0 0 Palladium Production (Oz) - Projected Gold Production (Oz) - Projected Total Production - Precious Metals (Ounces) Total Production - Other (Tonnes) 17
Economic Impact Estimated Total Direct, Indirect and Induced Output for Northwestern Ontario Economic Output is the total gross value of goods and services produced by a given organization, industry or project, measured by the price paid to the producer. This is the broadest measure of economic activity. Direct impacts are changes that occur in front-end businesses that would initially receive expenditures and operating revenue as a direct consequence of the operations and activities of a facility. Indirect impacts arise from changes in activity for suppliers of the front-end businesses. Induced impacts arise from shifts in spending on goods and services as a consequence of changes to the payroll of the directly and indirectly affected businesses. $10,000 $8,710 $7,940 $8,000 $5,910 $6,000 $4,370 Million $4,000 $ $2,620 $2,000 $0 2019 2020 Average 2021 Average 2026 Average2029 to 2025 to 2028 to 2030 Advanced Stage Exploration Projects - Operations Advanced Stage Exploration Projects - Construction Operating Mines 18
Strategic Recommendations Main Focus Areas to be Implemented throughout 2021 1. The CEDC should act quickly to implement the strategic recommendations with completion targets by the end of 2021. 2. Leverage technology and digital media by enhancing the CEDC Mining website, allowing ease of access to contemporary information and facilitate the exchange of information and data. 3. Develop or expand on the CEDC mining readiness Marketing and Communications plan to ensure the Thunder Bay is widely known as the node for facilitation, collaboration, training and information of mining related services. 4. Advanced facilitation and knowledge transfer about the regional Mining Supply and Services offerings, making prospective clients and companies aware of who s in the region and able to support the growing mining industry. 5. Promote Thunder Bay as the Workforce Training and Development hub for mining sector and inform the education and training associations of what types of jobs are needed in the future. 6. Improve the regional mining industry stakeholders awareness (e.g. electricity planning and infrastructure organizations, exploration and mining companies, and provincial and federal government) of the Transportation and Electrical Infrastructure needs and planned or in-progress projects. 7. Evaluate strategic incentives and municipal infrastructure priorities which incentivize Business and Economic Development for the Mining Sector. 19
Strategic Recommendations Estimated Implementation Plan GANTT: Thunder Bay Mining Readiness Strategy START 2021 NO. ACTION DATE TIMELINE Q1 Q2 Q3 Q4 1.1 2.1 3.1 3.2 3.3 3.4 3.5 4.1 4.2 4.3 4.4 4.5 5.1 5.2 5.3 5.4 6.1 6.2 6.3 6.4 7.1 7.2 7.3 Implement strategic actions within next 12mths Digital media and website enhancement plan Facilitate industry introductions Provide quarterly dashboardemails Case studies of successful indigenousrelations Promote Thunder Bay as a full-service community Regular government communications on mining Promote existing mining sectorsupply/services Communicate/develop critical mineralprocessing Enhance existing mining supply/servicedirectory Mining sector supply chain info on CEDC website Available vacant land info on CEDC website Gather skills gaps and current/future job data Facilitate working groups withtrainers/educators Promote mining skills, positions andtraining Provide information on localeducation/training Gather data on site infrastructure requirements Communicate infrastructure gaps andbarriers Public updates on infrastructure initiatives Prioritize updating the InternationalAirport Strategic incentives for attracting businesses Prioritize municipal infrastructure developments Develop/expand COVID-19 economic recovery 4 2 4 1 1 4 4 4 2 3 2 1 4 3 4 2 1 1 2 4 4 2 4 1 1 1 2 3 1 1 1 2 2 2 2 1 2 1 2 3 4 3 1 1 3 1 20
