Canadian International Council

Canadian International Council

October 05, 2012 11:53 ET

Media Advisory: Canadian International Council to Release New Report on How Canada's Natural Resource Sectors Can Become More Competitive

TORONTO, ONTARIO--(Marketwire - Oct. 5, 2012) - On Tuesday, October 9 at 8:00am ET, the Canadian International Council (CIC) will release a report that argues that without strong leadership and collaboration, Canada risks losing an opportunity to become a real resource superpower.

The 9 Habits of Highly Effective Resource Economies: Lessons for Canada looks at how other countries manage their resource wealth and makes a series of interesting and potentially controversial recommendations on how our natural resource sectors can become more competitive in a world where economic and political power is rapidly shifting. The commodity boom that began in 2003 once again made the resource sectors of vital importance to the Canadian economy. But unlike in past commodity booms, Canada can no longer rely on simply hewing wood and drawing water to compete. The report argues that Canada needs to do more to add, extract, and build value around its natural resource industries.

The report was authored by Madelaine Drohan, an award-winning journalist and Canada's correspondent to The Economist.

The report will be available for download at www.opencanada.org at 8:00am ET on Tuesday, October 9.

The Canadian International Council (CIC) is Canada's foreign relations council. It is an independent, member-based council established to strengthen Canada's role in international affairs. The CIC reflects the ideas and interests of a broad constituency of Canadians who believe that a country's foreign policy is not an esoteric concern of experts but directly affects the lives and prosperity of its citizens. The CIC uses its deep historical roots, its cross-country network, and its active research program to advance debate on international issues across academic disciplines, policy areas, and economic sectors. The CIC's digital media platform, OpenCanada.org, is Canada's hub for international affairs. The CIC's research program is managed by the national office in Toronto. Its 16 branches across Canada offer CIC members speakers' programs, study groups, conferences, and seminars.

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