{"id":3281,"date":"2022-07-20T16:30:42","date_gmt":"2022-07-20T20:30:42","guid":{"rendered":"https:\/\/protectionpetitenation.com\/the-economic-risks\/"},"modified":"2025-06-30T23:43:34","modified_gmt":"2025-07-01T03:43:34","slug":"the-economic-risks","status":"publish","type":"page","link":"https:\/\/protectionpetitenation.com\/en\/the-economic-risks\/","title":{"rendered":"THE ECONOMIC RISKS"},"content":{"rendered":"\t\t
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\n\t\t\t\t\trisks<\/span>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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economic<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t
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\n\t\t\t\t\tTHE EROSION OF RECREATION<\/span>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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RECREATIONAL TOURISM AND <\/span>
\nRESORTS AREAS IN \nTHE PETITE-NATION<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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For a long time now, our region has been oriented towards environmentally friendly activities, in harmony with our beautiful nature and the tranquility of the area. What future does this degradation of the ecosystems in our territory hold for us? <\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t

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\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\"randonn\u00e9e\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t
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\n\t\t\t\t\tReal estate<\/span>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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THE DEVALUATION OF \nREAL ESTATE IS LOOMING<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t
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Property devaluation awaits us, within a radius of several kilometres from the mine site. Consequently, is a drop in real estate value acceptable in a tourist region like ours? <\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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INEVITABLE PROPERTY VALUE LOSSES<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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One of the most rigorous studies on this subject was carried out by Dr. Diane Hite (Auburn University, USA). This economist has published numerous books analyzing the impact of a mining project on the value of real estate properties. She concludes that there is a strong statistical correlation that shows up to a 30% drop in the resale value of the affected properties.<\/p>

In the short term, for owners who have bought in this region during the last 15 years, it would be an irreparable loss of value.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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\n\t\t\t\t\tOTHER INESCAPABLE LOSSES<\/span>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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LAND REVENUES<\/span> \nESSENTIAL PROPERTY
INCOME<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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In the medium and long term, it also seems inevitable that a loss of land revenue will occur for the municipalities surrounding the mine. Even if the mining company were to inject capital into the region, it is unlikely that it could compensate for the loss of real estate values. When this is added to the loss of revenue from resorts and tourism, the balance sheet shows a negative scenario for the region. <\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t

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\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\"revenus\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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\n\t\t\t\t\tAll these impacts are unacceptable for our community:
\u201cLa Petite-Nation is a territory incompatible with mining activity\u201d<\/b><\/span>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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LIMITED ECONOMIC PROSPECTS FOR THE REGION <\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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\n\t\t\t\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Will this mining project really offer sufficiently interesting job prospects for the local population? <\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t

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\n\t\t\t\t\t\n\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\tEMPLOYMENT PROSPECTS<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"

risks economic THE EROSION OF RECREATION RECREATIONAL TOURISM AND RESORTS AREAS IN THE PETITE-NATION For a long time now, our region has been oriented towards environmentally friendly activities, in harmony with our beautiful nature and the tranquility of the area. What future does this degradation of the ecosystems in our territory hold for us? Real…<\/p>\n","protected":false},"author":2,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_kad_post_transparent":"","_kad_post_title":"","_kad_post_layout":"","_kad_post_sidebar_id":"","_kad_post_content_style":"","_kad_post_vertical_padding":"","_kad_post_feature":"","_kad_post_feature_position":"","_kad_post_header":false,"_kad_post_footer":false,"_kad_post_classname":"","iawp_total_views":3,"footnotes":""},"class_list":["post-3281","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/protectionpetitenation.com\/en\/wp-json\/wp\/v2\/pages\/3281","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/protectionpetitenation.com\/en\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/protectionpetitenation.com\/en\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/protectionpetitenation.com\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/protectionpetitenation.com\/en\/wp-json\/wp\/v2\/comments?post=3281"}],"version-history":[{"count":0,"href":"https:\/\/protectionpetitenation.com\/en\/wp-json\/wp\/v2\/pages\/3281\/revisions"}],"wp:attachment":[{"href":"https:\/\/protectionpetitenation.com\/en\/wp-json\/wp\/v2\/media?parent=3281"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}