2103 Shows Promise For Region
January 8th, 2013 - 8:00pm
Charlie Angus says 2013 could be a banner year for Timmins-JamesBay. The economy has been very strong over the last year and shows no signs of slowing down. In fact, numerous new mining operations are coming on stream. There have also been a number of new business ventures getting off the ground. Angus says that this boom is more balanced because it includes an agricultural expansion in the region of Matheson and Val Gagne.
“We are seeing communities that were written off being given a new lease on life. We have ridden boom and bust cycles in mining before. It is great to see that the central part of the riding will be able to benefit from new agricultural growth and opportunities. There will be a lot of spin off opportunities from this expansion.”
Angus says the key driver comes from the incredible potential for development in the Abitibi-Greenstone belt.
“The Abitibi-Greenstone belt has been the source of some of the world’s greatest gold and base metal operations. New developments in Timmins, Kirkland Lake, Matheson and Matachewan are proving that the ore is still there.
“When you talk to mining exploration companies they are positive about our region because of the combination of excellent geology, good infrastructure and the best trained mining force in the world.”
Angus says the optimism in the economy can be seen in the small business sector where many new businesses are getting started. “I am looking to spend a lot of time this year talking with economic development players on how we can make the most of this boom.”
The forestry industry remains sluggish, but Angus says he is hoping that a slow but steady turnaround in the U.S. economy will restore markets for the wood industry.