Workshop 1: Understanding the Challenges and Opportunities

June 15th, 2017
Brussels, Belgium
Workshop 1, Brussels, June 15th, 2017. Plenary
Workshop 1, Brussels, June 15th, 2017. Plenary

On June 15th, stakeholders from across the non-energy extractive industry (NEEI) in both Canada and the EU attended the first workshop of the EU-Canada Mineral Investment Facility (EU-Canada MIF) Feasibility Study. The workshop represented the first opportunity for the project to bring stakeholders together and gauge both their interest in and support for a potential EU-Canada MIF. The overall sentiment of workshop participants was that there was a strong need for such an investment platform if further integration and growth is to take place between the two markets.

The workshop was collaborative in design, thus providing opportunities for participants to share and debate the perspectives of a diverse group of stakeholders on the analysis and findings of the project’s Interim Report 1, which analysed the level of two-way investment and cooperation between Canada and the EU across the entire NEEI. Participants also shared their perspective on the merit, scope and function of an EU-Canada NEEI strategic platform. Some of the main outcomes of the workshop include:

  1. Validation and support for the concept of an EU-Canada MIF by the key stakeholders it will be designed to serve
  2. Deeper understanding of the fundamental challenges and opportunities facing members of the NEEI pursuing investment in either Canada or the EU
  3. Suggested models for the EU-Canada MIF, and how each model would serve a current gap in the current investment climate
Workshop 1, Brussels, June 15th, 2017. Breakout Group Discussion
Workshop 1, Brussels, June 15th, 2017. Breakout Group Discussion

The workshop also highlighted a number of critical outstanding questions to be addressed in the next phase of the project, such as: How can the EU-Canada MIF leverage existing initiatives? How will the platform be financed? How will the platform be self-sustainable?

These questions, and others, will be debated and discussed at the second workshop of the project, to be held in Toronto, Canada on November 15th, 2017. For more information on the second workshop, please click here.