#MiningIndaba2020: Canadian Minister Ng on deepening trade ties with Africa

The Canadian Minister for Small Business, Export Promotion, and International Trade, Mary Ng, is on a mission to deepen trade ties between Canada and Africa. With trade between South Africa and Canada already worth over a billion dollars, Minister Ng sees great potential for further growth and investment opportunities. During an interview at the Mining Indaba, Minister Ng expressed her determination to strengthen the relationship between the two countries by exploring new avenues for cooperation. She highlighted the presence of over 200 Canadian companies operating in South Africa and across the continent, underlining the importance of enhancing the trade relationship and supporting Canadian businesses. As part of a trade mission to Africa, Minister Ng emphasized Canada's commitment to helping Canadian companies, especially small businesses, expand internationally and diversify their markets. She mentioned plans to visit Kenya to focus on infrastructure and clean technology, areas where Canadian companies are providing sustainable solutions in the mining sector. Minister Ng stressed the importance of addressing climate change through innovative technologies that not only protect the environment but also contribute to economic growth. Canadian companies are known for their leadership in responsible business practices, particularly in the mining industry. Minister Ng highlighted the collaborations between Canadian mining firms and African partners, including small and medium-sized enterprises specializing in clean technology. She emphasized the inclusive nature of these partnerships, which aim to involve women, small businesses, and local communities in the economic development process. When asked about the role of the Toronto Stock Exchange (TSX) in raising capital for African mining projects, Minister Ng praised Canada's position as a global leader in mining finance. The TSX, home to numerous mining companies, provides access to capital for firms looking to fund their operations and expansion projects. Minister Ng commended the exchange for its essential role in the mining finance sector, both for Canadian companies and on a global scale. Overall, Minister Mary Ng's visit to Africa is part of Canada's strategic efforts to strengthen trade ties with the continent and promote sustainable economic partnerships. Through collaboration in clean technology, responsible business practices, and innovative financing mechanisms, Canada aims to contribute to Africa's development while fostering mutually beneficial relationships with African nations.