Canada’s $290 billion opportunity needs massive investment: report

News Snapshot:

New report finds Canada needs to ramp up production of critical minerals or risk a shortage. To get there, it recommends government share the financial risk and double down on Indigenous consultation and environmental regulations. Canada needs between $30 and $65 billion in new investments to kick-start enough critical mineral mining projects to reach its production potential by 2040, a new report has found. The study, released by the Canadian Climate Institute late Wednesday, calculated that would mean opening more than 30 new mines over the next 25 years. The report focuses on the extraction of six critical minerals found...