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Canada Faces 30 Billion Capital Need For Critical Minerals
A new report projects Canada must mobilize at least 30 billion dollars in capital through 2040 to meet rising domestic demand for critical minerals used in batteries and EVs. It cautions that trimming environmental safeguards or Indigenous consultation could backfire, causing delays from opposition or litigation. The think tank urges government support for Indigenous participation, stronger mining rules, and risk sharing to avoid delays while advancing climate ambitions.
MENTIONED IN THIS ARTICLE
Toronto
Canada
Canadian Climate Institute
Ontario
British Columbia
Marisa Beck
Think Tank
B.C
Ottawa