Prime Minister Mark Carney is preparing to unveil a new list of nation-building projects that will include initiatives in critical mineral extraction, liquefied natural gas (LNG) exportation, and hydroelectric power. Sources indicate that the announcement will feature a total of six projects, with at least two dedicated to critical minerals, one for LNG, and at least one transmission project. The specific projects have not been officially disclosed, as the list remains subject to change until the announcement. However, sources have confirmed that the Sisson Mine in New Brunswick and the Crawford Nickel project in Ontario are expected to be included. The Ksi Lisims LNG project in British Columbia and a hydro project in Iqaluit are also anticipated to be part of the announcement. Carney is scheduled to make the announcement in Prince Rupert, British Columbia, which has led to speculation that the Ksi Lisims project, proposed by Indigenous groups, will be highlighted. This facility aims to have a capacity of up to 12 million tonnes of LNG per year, presenting significant economic and employment opportunities. The project received approval to advance to the next stage of seeking permits in September. The Nisga’a Nation is one of the main proponents of this project, alongside Rockies LNG Partners and Western LNG. The Sisson Mine, located north of Fredericton, is expected to extract approximately 30,000 tonnes per day of tungsten and molybdenum ore. New Brunswick Premier Susan Holt expressed her support for the inclusion of her province's project, stating, "It is great news for New Brunswick, and we have pathways on other projects that we’re encouraged by." Natural Resources Minister Tim Hodgson is expected to announce the Crawford Nickel project in Timmins, Ontario, on Thursday. This proposed open-pit mine has passed the feasibility stage and is currently in the permitting process. An economic impact study estimates it could create around 1,000 direct jobs and 3,000 indirect jobs. Additionally, the federal government has allocated $6 million to the Nunavut Nukkiksautiit Corporation for the Iqaluit Nukkiksautiit hydro project. Once completed, this hydroelectric facility is projected to generate between 15 to 30 megawatts of power, helping to reduce the city’s reliance on diesel fuel. Carney has emphasized that the Major Projects Office will maintain a dynamic list of projects, stating, "This is not a one and done. It is not one round of projects and then we move forward." The announcement is part of the federal government’s broader strategy to stimulate private investment and address regulatory challenges in the Canadian economy, particularly in light of trade and productivity concerns. The first set of projects was announced in September, and the new list is expected to further support these goals.
New Nation-Building Projects to Focus on Minerals and Energy
Canada News2 hrs ago
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