Economic Impacts and Drivers for the Global Energy Transition Report Highlights State of Canada’s Mining Industry
OTTAWA – Today, the Mining Association of Canada (MAC) released Economic Impacts and Drivers for the Global Energy Transition, a report that provides an overview of current trends in Canada’s mining sector based on updated statistics and analysis. The latest data is showing a strong return to form with recent increased policy supports expected to ensure […]
CBC News: The House – Mission critical: Is Canada lagging behind in the critical minerals race?
This week on The House: An in-depth look at the issue of critical mineral development in Canada, as experts, industry proponents and the natural resources minister weigh in on how this country can take advantage of what some are calling the new gold rush.
Canada’s budget measures brighten funding prospects for critical miners
Canada’s move to expand the investment tax credit for mining companies to align it with policies in the United States is accelerating funding talks for critical miners, company executives told Reuters.
Critical Battery Minerals May Help Nurture Canada’s EV Sector
Stellantis and Volkswagen plan EV battery plants for Ontario, while the Canadian government is developing more processing capacity for minerals critical for EV batteries.
BMO podcast: North America’s Critical Minerals Advantage? Deep Dive on Community Engagement
In this episode of Sustainability Leaders, Susan McGeachie is joined by Remi Piet, Co-Founder & Senior Partner at Embellie Advisory, to discuss everything from prevailing concern over accelerating geopolitical competition for access to critical minerals to the role of climate justice in the energy transition.
Budget 2023 includes clean tech investment and support for Indigenous consultation
The latest federal budget shows the government seeking to push Canada closer to a net-zero economy, introducing new targeted tax credits and new investment to help drive the transition to renewable energy and promote the development of clean technologies, with the mining industry poised to reap the benefits.
MAC: Feds recognize industry’s critical role in economy, net-zero transition
On March 28, the Canadian government tabled the 2023 federal budget, of which a major focus was the mining supply chain and the country’s move to net-zero future, while strengthing on the country’s economy.
CTV National News – Clean Energy Tax Credit
Response from Budget 2023
Budget prioritises Canadian miners’ role in global critical minerals supply chain – MAC
The 2023 Budget, delivered by Finance Minister Chrystia Freeland on Tuesday, bolsters the ability of the Canadian mining sector to deliver for the country, recognising the industry’s central role in enabling the transition to a net-zero economy, says Mining Association of Canada (MAC) president and CEO Pierre Gratton.
Canadian budget contains $21 billion for clean technologies and critical minerals
Ottawa plans to spend $21 billion over five years on clean technology in one of the main platforms affecting the mining industry contained in Tuesday’s annual federal budget. Finance Minister Chrystia Freeland said the amount, including a 30% investment tax credit to boost clean-tech manufacturing, especially in the electric vehicle (EV) supply chain, could expand […]
