Thursday, 23 February 2012

In mining, NWT Nunavut Quebec Manitoba, BC & Alberta more corrupt than Botswana, Chile: study

Most of Canada is more corrupt than Botswana and Chile when it comes to mining, according to a survey of mining companies worldwide.


The Northwest Territories, Nunavut, Quebec, Manitoba, British Columbia and Alberta – which represent almost three-fourths of Canada's land area – were judged to have greater corruption than the African and South American countries, the survey by the Fraser Institute showed. Saskatchewan was seen as Canada's least corrupt region. 

Still, 20 per cent of respondents rated corruption in the Northwest Territories as being a "mild deterrent" to mining exploration, a "strong deterrent," or "would not pursue investment due to this factor." That compares with 15 per cent of responses about Nunavut, 11 per cent regarding Quebec, and 100 per cent for India.

Sweden, Norway and Finland were considered the least-corrupt countries.

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