New nation-building projects list to include mines, LNG, Iqaluit hydro: sources
CBC
Prime Minister Mark Carney is set to announce a second set of “nation-building projects,” including at least two focused on critical mineral extraction, one for exporting liquefied natural gas (LNG) and at least one transmission project, sources told CBC News.
They said there will be a total of six projects, including:
Of the remaining two, at least one will be a transmission project, the sources said. CBC News is not naming them because they are not authorized to speak freely about internal government decisions.
The list has not been officially announced, and it can still be changed until then.
Identifying major projects has been a key tenet in the federal government’s push to reshape the Canadian economy amid trade and productivity concerns.
The federal government announced the first tranche in September. Being on the list is meant to help spur private investment and clear red tape for projects facing regulatory hurdles.
Carney said Monday that he will make this week’s announcement in Prince Rupert, B.C., prompting speculation that the Indigenous-proposed Ksi Lisims natural gas liquefaction facility and marine terminal project would be on the list — speculation that sources confirmed.
The planned capacity is up to 12 million tonnes of LNG per year, representing a major economic and employment opportunity. Ottawa gave the project the green light to move on to the next stage of seeking approvals and permits in September.
The Nisga’a Nation is listed as one of three principal proponents, alongside Rockies LNG Partners and Western LNG.
Two of the new projects — the Sisson Mine in New Brunswick and Crawford Nickel in Ontario — focus on critical minerals.
Sources say Natural Resources Minister Tim Hodgson is set to announce the Crawford project in Timmins, Ont., on Thursday.
The proposed mine is currently in the permitting stage, having passed the feasibility step in 2023, and is planned as an open-pit mine. An economic impact study found it has the capacity to create about 1,000 direct and 3,000 indirect jobs.
The Sisson tungsten mine, located north of Fredericton, is also expected to be on the list. If it goes ahead, it would extract an average of 30,000 tonnes per day of tungsten and molybdenum-containing ore for on-site processing.
New Brunswick Premier Susan Holt told CBC’s Power & Politics on Monday that she was pleased a project from her province had made the list.
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