$30B in new investments needed to meet Canada’s critical mineral demand: report – BNN Bloomberg
June 12, 2025
TORONTO — 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.
The report released Thursday says those cutbacks can lead to delays later on, due to community opposition or litigation.
