The Best Press Gold Can Buy
Two weeks ago I criticized an op-ed by the Canadian International Council’s Jennifer Jeffs which argued for a greater Canadian presence in Latin America, and used “Our national corporate giants - Barrick, Bombardier, Magna, RIM and Teck” as examples of our positive influence. Soon after I posted, Mining Watch Canada wrote me via Twitter explaining Jeffs’ position: most of the companies mentioned were major donors to the Canadian International Council.
Yet this phenomenon is far more common than one might think. For Barrick Gold, it has become par for the course.
In 2006, Peter Munk (founder and former CEO of Barrick) and his wife Melanie founded the Aurea Foundation,”to support Canadian institutions involved in the study and development of public policy.” The charity is perhaps best known for sponsoring the Munk debates, highly publicized verbal sparring matches between intellectual heavyweights like Henry Kissingeran Niall Ferguson. But the Aurea Foundation also funnels hundreds of thousands of dollars to right-wing think tanks every year, propping up institutions which disseminate ultra-conservative views and research all across Canada.
In 2010, Aurea gave the C.D. Howe Institute $243, 750, a right-wing think tank which has attacked universal health care in The National Post and argued for the privatization of Toronto’s Water and Sewage systems in The Toronto Star. Aaron Regent, Barrick’s current CEO, sits on on the board of directors.
Between 2009 and 2010, Aurea donated $210,000 to the Fraser Institute, which has its own Global Center for Mining Studies, dedicated to creating the best possible investment climate for Canadian mining corporations, and which has been an important media ally to the industry.
The Institute’s Jean-Francois Minardi, in an op-ed for The Montreal Gazette in 2010, complained: “The mining community is striving to improve its environmental record and trumped-up, ill-considered accusations and over-the-top rhetoric should not be an excuse to kill the goose that lays the golden eggs.”
Thanks in part to Barrick’s generous donations, the Canadian mining industry is an innocent victim of viscous “anti-mining activists” hell-bent on the “outright destruction of the mining industry.”
For $210,000, press coverage like that is a bargain.
- 30 -
Colin J. Fleming
colinjfleming@gmail.com
The Globe and Mail is running an interesting
In a
Mining giant
With a single question, Jack Layton crushed his opponent, setting in motion the extraordinary rise of the NDP and the devastating humiliation of the Liberals.