Resource extraction in Canada faces several challenges. One significant challenge is the environmental impact associated with extraction activities. Deforestation, habitat destruction, water contamination, and air pollution are common concerns.
Another challenge is the need to balance economic development with the preservation of ecosystems and biodiversity. Indigenous rights and consultation are critical considerations, as many extraction projects occur on lands traditionally occupied by Indigenous communities.
Addressing climate change and reducing greenhouse gas emissions from resource extraction activities is a pressing challenge for Canada's natural resource industries. Overcoming these challenges requires the implementation of sustainable practices, stringent regulations, and stakeholder collaboration to ensure responsible resource extraction while minimizing environmental harm.