CIM Receives Government of Canada Funding in Support of its Global Development Efforts

2013-09-20

Montreal, September 20 The Canadian Institute of Mining, Metallurgy and Petroleum (CIM) is pleased to announce that it has been granted $111,625 in matching funds from the Government of Canada’s Global Opportunities for Associations (GOA) program to support CIM’s international development efforts.

CIM is one of 39 industry associations to receive a portion of the$3 million funding that seeks to create new opportunities for Canadian companies in markets throughout the world.

“Our government is committed to helping workers and businesses within key sectors of our economy expand and succeed in new markets around the world because we know this creates jobs, growth and long-term prosperity for hard-working Canadians here at home,” said Minister Fast in an announcement on Monday, September 16. “Today’s announcement will help them do just that through investments in every region of our country that will put in place new tools and programs to help world-class Canadian businesses succeed in global markets.”

“The GOA program will enable us to better showcase Canadian expertise and solutions and help Canadian business people to understand the growing potential in these emerging economies,” said Vavrek, who explained that the funding will be instrumental in supporting a wide variety of important initiatives such as incoming and outgoing missions between Canada and West Africa, Latin America and China, the development of global francophone mining market, as well as emerging markets for green mining. 

The GOA funding program delivers assistance across a wide range of key sectors of the Canadian economy, including education, financial services, and mining, aerospace, infrastructure, and information and communications technologies. The GOA program provides matching funding of up to 50 percent of eligible expenses to support national associations for the benefit of an entire industry. The maximum GOA contribution is $150,000 annually.

For more information and to view the full list of funding recipients, please visit the Canada News Centre. For further information on CIM’s international development, please, visit CIM Magazine.