$30-billion in investment needed by 2040 to meet Canada’s critical mineral demand, report finds | Unpublished
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Source Feed: The Globe and Mail
Author: Jordan Omstead
Publication Date: June 12, 2025 - 09:49

$30-billion in investment needed by 2040 to meet Canada’s critical mineral demand, report finds

June 12, 2025
A newly released report estimates Canada will need at least $30-billion in new capital investments by 2040 if it wants to meet domestic demand for the critical minerals key to a green economy transition. But the Canadian Climate Institute’s report says cutting back on environmental safeguards and Indigenous consultation to speed up those projects is likely to backfire.


Unpublished Newswire

 
Officials say a wildfire near Squamish, B.C., which forced the evacuation of the nearby Alice Lake Provincial Park and triggered a local state of emergency earlier this week, is now classified as being held after help from cool, cloudy weather conditions.The BC Wildfire Service announced the fire was being held, meaning the fire is expected to remain within its current perimeter based on fuel and weather conditions and resource availability, on Saturday afternoon.
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British Prime Minister Keir Starmer is in Ottawa to meet with Prime Minister Mark Carney today before the two leaders leave for the G7 leaders’ summit in Alberta.He will meet Carney this morning in his West Block office on Parliament Hill before both leaders fly separately to Calgary.
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