Advancing the Canadian Critical Minerals Strategy

Critical minerals represent a generational opportunity for Canada’s workers, economy and net-zero emissions future. With its vast resources and manufacturing capacity, Canada is well positioned to become a secure and reliable supplier of critical minerals and value-added products for global markets.

To capitalize on this opportunity, the Government of Canada released the Canadian Critical Minerals Strategy in December 2022. Backed by nearly $4 billion over eight years, the federal government has put in place a range of programs and initiatives to drive research and innovation throughout the critical mineral value chain, provide major investments to accelerate project development and grow Canada’s economy, address key infrastructure gaps to enable sustainable critical minerals production, promote meaningful socio-economic partnership with Indigenous peoples, and strengthen supply chain resiliency and promote Canada’s leadership globally.

In the first year since the Strategy was released, here is the progress achieved:

Critical minerals remain vital to the production of essential technologies like electric vehicle batteries, semiconductors and green energy systems. Canada’s whole-of-government approach to critical mineral development is forward-looking, adaptive and long-term. The programs and initiatives presented in the Strategy are being implemented in collaboration with provincial, territorial, Indigenous groups, industry, and other Canadian and international partners. The Government of Canada has set the stage to grow Canada’s critical mineral capacity by developing and launching programs and initiatives that will help address gaps in our value chains for a sustainable and prosperous future.

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